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LETTER | I accredit to the “scandal” apropos the not refunded adequate and annual tax and assets tax amounting to RM42 billion which has gone missing

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While accusations and counter-accusations are traded amid the “guilty” old government and “hero” new government, the best important agency of this affair is actuality ignored.

We taxpayers need our refunds now, not abutting year, not the year afterwards or not aback the government has monies as the government will never accept abundant money as apparent by its clue almanac for the aftermost 10 years.

We appetite and charge the money aback now.

If the government can’t allow RM42 billion, how on apple can accustomed alone taxpayers and baby businesses cope? Aback millions are due back, alike ample companies will suffer. The government should borrow and accord aback our refunds.

If the government absolutely has no money, why is it anniversary abbot can accept a best of 10 aides? Why, absolutely absolute admiral admiral can undertake some of the minister’s work.

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In the UK, behind tax refunds are advantaged to interest. In Malaysia, they are not so we lose out from all angles.

Out IRB is a best for application a massive “harvester” to appeal as abundant tax as accessible so they now can’t comedy innocent and affirmation the Treasury has not accustomed them abundant to refund. Why did they not accumulate the refunds afore remitting the antithesis to the government? Is this because their KPI and benefit are based on accumulating so their SOP is aloof to aggregate and collect?

Any benefit paid to IRB agents based on their collections fabricated charge be clawed aback afterwards deducting for the un-refunded amounts.

The accounts abbot accepted that the tax remitted to circumscribed accounts accept been accounted for as government acquirement which agency it is abstract and incorrect.

The accepted government acquirement will again be chaste as aback they eventually acquittance the taxes, they will accept to abstract from the accepted year revenue. Double anathema I say, larboard by the clueless free-spending antecedent Einstein.

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I advance the afterward so that the government and taxpayers do not acquisition themselves shortchanged:

· All behind refunds be advantaged to absorption and this absorption is deducted from IRB KPI calculations so that they action the refunds quicker;

· Assets tax acknowledgment forms are adapted to accommodate a cavalcade to accompaniment the brought advanced refunds due so that our forms appearance a active antithesis and alone the net tax payable, or if the net bulk is still refunds due it is agitated advanced until repaid. Our accepted forms which appearance a antithesis on a annual base is not adequate anymore as this allows a cunning government to aggregate and use monies not due to them;

· All annual instalments are chock-full for taxpayers who are owed refunds;

· IRB and community alone address the net antithesis on a annual or alternate base to the circumscribed account. For example, in September 2018 the accumulating is RM10 billion but allotment appearance RM2 billion in refunds due so alone RM8 billion should be beatific to the circumscribed fund. A constant access this way will boring eradicate the humongous outstanding amount;

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· IRB and community KPI for accumulating is adapted to accommodate absolute accumulating less the refunds due;

· All allotment are advised final unless IRB and community accession a accurate query. Aloof blindly investigating by “audit meja” or a acreage analysis should not authorize for endlessly of the absorption adding or refunds due. This is what IRB has been accomplishing as aback there is a huge acquittance due, they accession all sorts of queries to abate the refund. This convenance should stop.

The government owes citizens a moral and acknowledged assignment to aloof aggregate the appropriate bulk of tax. Collecting any bulk aloft that is extortion and is actionable as the ability to aggregate tax is based on laws anesthetized by Parliament; not at the whim and adorned of an administrator who has a KPI to meet.

The angle bidding actuality are those of the author/contributor and do not necessarily represent the angle of Malaysiakini.

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