Form E and EASt Admin
What is Form E – Return Form of Employer?
Form E is a declaration report submitted by every employer to inform the Inland Revenue Board on the number of employees and the list of employee’s income details.
Form E is due for submission every year not later than 31st March. Effective from year of assessment 2014, dormant companies are also compulsory to submit Form E, and the submission must be done online. Even an active company without staff/director’s remuneration, Form E is required to be submitted.
Failure to submit Form E are liable to a fine of not less than RM 200 and not more than RM 20,000 or to imprisonment for a term not exceeding 6 months or to both.
What is EA Form – Statement of Remuneration from Employment?
An EA form is a yearly remuneration statement. As an employer, you are required to give a EA Form to your employee, not later than last day of February of the following year.
If you are the director of the company, the company should also give you a copy of EA Form if you have remuneration and/or benefit-in-kind from the company.
The employee/director use this form to submit their personal income tax.
Failure to prepare and distribute Form EA to employee before last day of February are liable to a fine of not less than RM 200 and not more than RM 20,000 or to imprisonment for a term not exceeding 6 months or to both.