How to File Form B & Form P in Malaysia (2025): Deadlines, Process & Common Mistakes

Filing income tax in Malaysia is a crucial responsibility for individuals and partnerships, especially those with business income. Understanding the correct procedures and deadlines for Form B and Form P is essential to ensure compliance and avoid penalties. This comprehensive guide provides insights into the filing process, key deadlines, and common mistakes to avoid in 2025.

 

Understanding Form B and Form P

What is Form B?

Form B is designated for resident individuals who earn income from business activities, including:

• Sole proprietors

• Freelancers and gig workers

• Commission-based earners (e.g., insurance agents, property agents)

• Partners in a partnership

Even if you're part of a partnership that files Form P, you must file Form B to declare your share of profits. 

 

What is Form P?

Form P is used by partnerships to declare the partnership's income. It's important to note that while the partnership files Form P, each partner must also file Form B individually.

 

Key Deadlines for 2025

Adhering to the tax filing deadlines is vital to avoid penalties. For the Year of Assessment (YA) 2024, the deadlines are as follows:

Form B:

Manual submission: 30 June 2025

e-Filing submission: 15 July 2025

Form P:

Manual submission: 30 June 2025

e-Filing submission: 15 July 2025

These deadlines are stipulated by the Inland Revenue Board of Malaysia (LHDN). 

 

Step-by-Step Guide to Filing Form B and Form P

1. Register for e-Filing

If you're a first-time filer, register for e-Filing through the MyTax Portal. You'll need to obtain a Tax Identification Number (TIN) and set up your account. 

 

2. Prepare Necessary Documents

Gather all relevant documents, including:

• Business income statements

• Expense receipts

• Bank statements

• Previous tax filings

• Any other supporting documents

3. Access the e-Filing System

Log in to the MyTax Portal and select the appropriate form (Form B or Form P) for submission.

 

4. Complete the Form Accurately

Fill in all required fields, ensuring that income, deductions, and reliefs are accurately reported. Double-check all entries to prevent errors.

 

5. Submit Before the Deadline

Once completed, submit the form electronically before the stipulated deadline to avoid penalties.

 

Common Mistakes to Avoid

• Incorrect Form Selection: Ensure you're using the correct form based on your income type. For instance, salaried individuals without business income should use Form BE, not Form B.

 

• Omitting Income Sources: All income, including side businesses or freelance work, must be declared. Failure to do so can result in penalties.

 

• Neglecting to Claim Deductions and Reliefs: Many taxpayers miss out on eligible deductions and reliefs due to lack of awareness. Familiarize yourself with available tax reliefs to reduce your taxable income. 

 

• Late Submission: Missing the filing deadline can lead to fines and additional penalties. Always mark your calendar and set reminders to file on time.

 

• Inaccurate Information: Providing incorrect details, whether intentionally or unintentionally, can trigger audits and penalties. Ensure all information is accurate and supported by documentation.

 

Conclusion

Filing Form B and Form P accurately and on time is essential for compliance with Malaysia's tax regulations. By understanding the requirements, preparing necessary documents, and avoiding common mistakes, you can ensure a smooth tax filing process in 2025.

 

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Reference: 
https://www.hasil.gov.my/media/tvojk1ho/rf-filing-programme-for-2025.pdf
https://www.ajobthing.com/resources/blog/form-b-tax-filing-malaysia-deadlines-submission-guide
https://ringgitplus.com/en/blog/featured/malaysia-personal-income-tax-guide-2025-ya-2024.html
https://asklegal.my/p/common-tax-mistakes-malaysians-make-LHDN
https://lmagroup.my/deadline-for-malaysia-income-tax-submission-in-2025
https://www.ajobthing.com/resources/blog/malaysia-tax-return-deadlines-2025
https://www.hr2eazy.com/how_to_file_your%20_taxes_for_the_first_time_in_malaysia.html
https://www.hasil.gov.my/en
https://www.info-tech.com.my/blog/malaysia-income-tax-filing-guide-for-businesses