e-Filing Form B & Form P 2025 Malaysia: Everything You Need to Prepare

e-Filing in Malaysia has become the standard method for individuals and businesses to declare their taxes efficiently. For sole proprietors, freelancers, and business partnerships, understanding Form B and Form P is crucial for tax compliance in 2025. In this guide, we’ll walk you through what you need to prepare, important deadlines, required documents, and common mistakes to avoid.

 

What Are Form B and Form P in Malaysia?

Form B (Borang B)

Form B is used by individual taxpayers with business income. This includes:

• Freelancers

• Sole proprietors

• Self-employed professionals

• Gig economy workers (Grab, Shopee, TikTok Shop sellers, etc.)

Form P (Borang P)

Form P is for business partnerships registered in Malaysia. It is used to report:

• Total income for the partnership

• Profit/loss distribution to individual partners

• Partnership details

Both forms must be submitted through the MyTax e-Filing portal managed by LHDN (Lembaga Hasil Dalam Negeri).

 

e-Filing Deadlines for Form B and Form P (YA 2024 / 2025)

For Year of Assessment (YA) 2024, the 2025 deadlines are:

Form	Manual Filing Deadline	e-Filing Deadline
Form B (Sole Proprietor)	30 June 2025	15 July 2025
Form P (Partnership)	30 June 2025	15 July 2025

(Source: LHDN e-Filing Programme 2025)

Late submission may result in penalties of up to 35% of the tax amount.
 

What You Need to Prepare for e-Filing Form B and Form P

For Form B (Individual with Business Income):

• MyTax account login

• Profit & Loss statement (2024)

• Business income records

• Expense receipts and allowable deductions

• Tax relief claims (e.g. EPF, SOCSO, PRS)

For Form P (Partnerships):

• Partnership’s business registration number

• MyTax account login (main partner)

• Combined income statements

• Distribution of profit/loss to partners

• Details of all partners (Name, NRIC, TIN)

How to File Form B and Form P via e-Filing in Malaysia

Step-by-Step e-Filing Process:

• Visit https://mytax.hasil.gov.my

• Log in with your e-Filing ID or MyKad and TAC

• Click on e-Filing > e-Borang > Form B / Form P

• Fill in the required fields accurately:

• Business income and expenses

• Tax reliefs and rebates

• Bank details for refund (if applicable)

• Submit the declaration form and print/save the acknowledgment slip.

💡 Tip: Use e-CP500 to make monthly tax installments if your estimated business income is substantial.

 

Common Mistakes to Avoid

• Filing under the wrong form (e.g., using Form BE instead of B)

• Missing out on allowable business expense deductions

• Not declaring online income (TikTok Shop, Shopee, Lazada)

• Inaccurate distribution of profits for partnerships

• Filing beyond the deadline without explanation

Frequently Asked Questions (FAQs)

1. What if I have both employment and business income?

You must file Form B (not Form BE) and declare both income sources.

 

2. Can I revise my Form B or Form P after submission?

Yes, within a limited window using the e-Amendment function or by contacting LHDN.

 

3. Do freelancers or online sellers need to file taxes?

Yes. Anyone earning income — even online — must file Form B if registered as a business or operating as self-employed.

 

Final Thoughts

Understanding how to file Form B and Form P in Malaysia is critical for ensuring tax compliance and avoiding penalties. With e-Filing 2025, the process is now more convenient but preparation is key. Stay organized, keep track of your business income and expenses, and file early to avoid unnecessary stress.

 

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Reference: 
https://www.hasil.gov.my/media/tvojk1ho/rf-filing-programme-for-2025.pdf
https://mytax.hasil.gov.my/
https://ringgitplus.com/en/blog/featured/malaysia-personal-income-tax-guide-2025-ya-2024.html