New e-Telegraphic Transfer (e-TT) System for Tax Payments

Following the Inland Revenue Board (“IRBM”)’s media release on 3 March 2022, the IRBM has rolled out the new e-TT system which will generate a unique Virtual Account Number (VA) as a payment identification.

This will assist the IRBM to trace the electronic transfer of funds by taxpayers to its accounts and identifying the taxpayers.

Effective from 1 April 2022, taxpayers who wish to make payments through Telegraphic Transfer, Electronic Funds Transfer and Interbank Giro from within and outside Malaysia, are required to obtain a Virtual Account Number.

Key summary of the new e-TT system for tax payment

1. Virtual Account (VA) number is required as a payment identification identity from IRBM for tax payment with effect from 1st April 2022.

2. Taxpayer will receive the e-TT notification in your email from IRBM.

3. Each VA number is limited to one transaction.

4. In case of withholding tax (WHT) payment, do remember to email the FULL documents to WHToperasi@hasil.gov.my on the day of payment.

5. & more

Type of tax payments

The Virtual Account Number generated under the e-TT system caters for the following types of taxes:-

(i) Income tax

(ii) Withholding tax

(iii) Petroleum income tax

(iv) Compound

(v) Public entertainer

(vi) Real Property Gains Tax – Section 21B retention sum payment

Each Virtual Account Number can only be used for one transaction.

Withholding Tax Payment operational issues

In case of WHT payment, do remember to email the FULL documents to WHToperasi@hasil.gov.my on the day of payment.

Full documents :

Completed CP tax payment form
Invoice
Proof of payment
Virtual Account No.

Source

1.Read the media release from IRBM on e-TT

Click https://bit.ly/37ptnID

2.How to generate a Virtual Account Number (VA) as a payment identification identity from IRBM?

Click https://bit.ly/3JhHe0K

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