Ata Plus

If I missed the tax exemption filing window for the year of assessment, can I apply for ECF tax exemption for the following year?

Written by

Ata Plus Team

Last updated on

June 24, 2024

Scenario:

Year of Investment: 2021

Year of assessment in respect of exemption of Aggregate Income: 2023

Year of tax exemption filing with Lembaga Hasil Dalam Negeri Malaysia (LHDN): 2024

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If investors missed the tax exemption filing window (2024), they are NOT allowed to file the tax exemption (for their investment made through ECF in 2021) in the following year tax filing window.

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Investors must appeal to LHDN through a process known as “rayuan khilaf” within 5 years from the year of tax filing (2024), subject to LHDN terms & conditions and processes.

For more information, please refer to the Guidelines on Recognized Markets here.

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