What happens if you fail to pay tax?

What happens if you fail to pay tax?
LHDN can execute the judgment against you
1. Bankruptcy
The threshold for bankruptcy for individual is RM50k (RM100k until 31.8.21)
2. Winding up
The threshold for bankruptcy for company is RM50k
The directors of the Company will be jointly and severally liable to the taxes of the Company.
3. Garnishee Proceedings
A court order for LHDN (Garnishor) to recover a judgment debt due and accruing from your bank account.
4. Stoppage Order
LHDN blacklist you (including directors of company) from leaving the country due to unpaid taxes.
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Wisma 𝐊𝐓𝐏, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru
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Wisma 𝐓𝐇𝐊, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru
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