Based on the said return form filing programme, the grace period for submission of income tax returns and payment of balance of tax for companies, co-operative societies, limited liability partnerships and trust bodies has been revised as follows: Key Dates. (Photo: iStock) The government on Saturday further extended the deadline for filing income tax returns for the assessment 2020-21 by a month to December 31. The annual return has been replaced with an annual confirmation statement. Revised Penalty Framework for Annual Lodgments to take effect from 30 Apr 2021 With effect from 30 Apr 2021, ACRA will implement a revised 2-tier penalty framework for filing of annual return and annual declaration for all Singapore incorporated Companies, Variable … All rights reserved. The government also, on advice from the federal tax body, the Goods and Services Tax (GST) Council, extended the due date for filing annual return for FY19 from 31 October to 31 December, finance ministry said. The Malaysian Inland Revenue Board has issued its return form filing programme for the year 2020. The deadline for donor’s and estate tax returns filing was also moved 30 days from the date of the lifting of the ECQ. The application should be made in writing and addressed directly to the IRB branch that handles their tax files, said IRB in a statement today. 30 June 2020 – FUND ANNUAL RETURN. The CRO has extended the filing deadline for companies with an Annual Return Date falling on 30 September 2020 or later. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. There is no need for these companies to apply for the extension. Extension of Time to File: If a company requires extra time to file its return, application may be made to the District Court or the High Court by a company, on notice to the CRO, for an order extending the time for filing of a particular annual return. To subscribe to GMS Flash Alert, fill out the subscription form. Normally, corporations are required to file their annual return within 60 days of their anniversary date. You will not continue to receive KPMG subscriptions until you accept the changes. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. Federal business and not-for-profit corporations can file their annual return online. The KPMG logo and name are trademarks of KPMG International. GSTR Filing FY19: The Central Board of Indirect Taxes & Customs (CBIC) has extended the deadline for filing GST annual returns (GSTR-9) and Reconciliation Statement … Ongoing - RECORD KEEPING. The new deadline for filing income tax returns in Malaysia is now 30 June 2020 for resident individuals who do not carry on a business and 30 August 2020 for … ... 18 December 2020 Several deadlines added for the return of data in 2021. The annual return signed by a director or by the manager or secretary of the company shall be lodged with the Suruhanjaya Syarikat Malaysia (SSM) within one month after holding its AGM or in the case of a company keeping pursuant to its articles a branch register in any place outside Malaysia within two months after the annual general meeting. Please note that your account has not been verified - unverified account will be deleted 48 hours after initial registration. Browse articles,  set up your interests, or Learn more. Annual returns that are typically due between February 1, 2020 and June 30, 2020 can now be filed up until September 30, 2020.Under normal circumstances, corporations must file their annual return within 60 days of their anniversary date. In line with the announcement by Prime Minister Tan Sri Muhyiddin Yassin of Malaysia on the implementation of the Movement Control Order (“MCO”)1 to limit the outbreak of COVID-19, the Malaysian Inland Revenue Board (“MIRB”) has closed all its office premises from 18 March 2020 until 14 April 2020.2  Nevertheless, the MIRB will continue to provide phone services and its online services (e.g., if there any queries regarding taxation, taxpayers may use the Customer Feedback Platform available at the MIRB’s Official Portal, the e-filing password can be reset using “Forgot Password Menu” at ezHAsiL). Therefore, we are pleased to see that the CRO have announced the extension of the filing deadline for companies with an Annual Return Date falling on 30 September 2020 or later, until 26 February 2021. The deadline for the accounts return is Monday 20 January 2020. Non-company / non-Labuan company taxpayers and employers who submit paper RF have to print the RF in PDF format from the Official Portal of Lembaga Hasil Dalam Negeri Malaysia (LHDNM) > Home Page > Forms > Download You will not receive KPMG subscription messages until you agree to the new policy. To facilitate taxation matters during the MCO period, the extension of time for submissions of returns/forms/documents/notifications, tax payments, and applications to the MIRB, has been granted by the MIRB. KUALA LUMPUR, Oct 24 — The deadline for the submission of income tax return forms (BNCP) for the assessment years of 2019 and 2020 for companies, cooperative societies, limited liability partnerships, trust bodies and petroleum, remains as stipulated in the Return Form Filing Programme for the year 2020 (Amendment 3/2020). KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. France: Annual transfer pricing return, filing deadline The French tax administration indicated that because the deadline for filing the corporate income tax return for 2019 has been extended as a relief measure in response to the coronavirus (COVID-19) pandemic, the deadline for filing the annual transfer pricing return is also being extended. LIRS extends deadline for filing of annual returns to May 31, 2020. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. Our privacy policy has been updated since the last time you logged in. In the case of a company keeping pursuant to its articles a branch register in any place outside Malaysia, the lodgement of annual return must be made within two … Click anywhere on the bar, to resend verification email. Some societies are still experiencing delays in producing annual returns and accounts because of coronavirus. The MIRB also has announced that Filing charity annual returns during the ... Any charity that needs an extension to their annual return deadline can contact the Charity Commission to ask for one. Annual TRAC return. Filing The Annual Return of Information Under The Corporations Act of Manitoba WARNING: An Annual Return of Information must be filedevery year. Companies use IRS Form 1096 (Annual Summary and Transmittal of US Information Returns) for this filing. NA: United Arab Emirates (Last reviewed 31 July 2020) Any company with an Annual Return Date of 30 September 2020 or later will be deemed to have filed on time if all elements of the annual return are completed and filed by … An annual return costs: $12 (online) $40 (email or mail) File my annual return. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The annual return for 2006 will return to a 12 month filing period (from the first day in your anniversary month in 2006 to the last day of the month prior to your anniversary month in 2007). New Filing Deadline for Federal Corporations’ Annual Returns. In May, the government had extended the last date for filing annual GST return for 2018-19 by three months till September 2020. Where fees / returns remain outstanding on 1 July 2020, penalties will be assessed at 33.33% of the annual fee, with penalties rising to 100% of the annual fee on 1 October 2020. ... On 1 Dec 2020, company wants to change its FYE from 31 Mar 2019 to 31 Dec 2020. Filing The Annual Return of Information Under The Corporations Act of Manitoba WARNING: An Annual Return of Information must be filedevery year. According to the Inland Revenue Board of Malaysia (IRB), the Return Form Filing Programme, which was updated on April 28, took into account the effects of Covid-19 transmission where an additional two and three months were automatically given to eligible taxpayers. 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