KUALA LUMPUR, JULY 16 — The government has settled excess tax refunds totaling RM14.7 billion involving 3.17 million taxpayer cases until June 30, 2026, according to the Ministry of Finance (MoF).
According to him, of the total, RM5.75 billion was refunded to 3.1 million individual taxpayers while RM8.95 billion was refunded to 76,511 company taxpayers including 23,356 micro, small and medium enterprises (MSMEs).
“In strengthening the refund of excess tax, the Inland Revenue Board of Malaysia (IRB) has implemented various strategies that are fairer and more equitable.
“The IRB also ensures that the government’s refund allocations can be distributed regularly and effectively based on the age of the case arrears, or regardless of the age of the case, by also giving priority to SMEs and companies that are facing cash flow problems,” he said.
The MoF announced this in a written response to the Dewan Rakyat published on the Parliament website today in response to a question from Datuk Seri Hamzah Zainudin (PN-Larut) regarding the latest amount of outstanding tax refunds that have yet to be repaid to individual and corporate taxpayers as of May 31, 2026.
According to him, for refund cases that are currently in the process of reviewing additional information and documents submitted by taxpayers, the government is committed to continuing to ensure that refund arrears can be fully implemented immediately and taking into account the interests of all taxpayers.
MoF informed that the move reflects the government’s ongoing efforts to improve the efficiency of tax administration and ensure that taxpayer rights are protected, in line with the MADANI Government’s fiscal reform agenda.
— BERNAMA
