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KUCHING: The Inland Revenue Board (IRB) has paid out RM4.3bil in refunds to taxpayers so far this year, Deputy Finance Minister Datuk Dr Ng Yen Yen said.
She said the refunds were paid to 336,171 taxpayers nationwide.
“We want to ensure that we pay back to the public their excess payments as soon as possible because that’s fair,” she told reporters during a working visit to state IRB headquarters here Friday.
She added that in Sarawak, the IRB had refunded 42,834 taxpayers a total of RM239.6mil.
Dr Ng said that according to the IRB’s key performance index, refunds to taxpayers who used the e-filing system would be made within one month.
“For those who use the usual paper filing method, it will be within three months,” she said, adding that taxpayers were encouraged to use the e-filing system as it was quicker and easier.
Dr Ng also said the IRB aimed to audit 20% of all tax files in one year so that a full audit would be completed every five years.
“Now that we have implemented self-assessment, the focus of the IRB is on auditing.
“The IRB is no longer going to tell you how much you should pay. You tell yourself how much you should pay and the IRB will come and audit,” she said.
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