Public Ruling No. 4/2025 sets out how companies, LLPs, trusts, and co-operatives must notify the DGIR of changes to accounting periods when paying estimated tax, replacing PR No. 1/2021.
The Inland Revenue Board of Malaysia published Public Ruling No. 4/2025 on 28 November 2025, which explains the requirements to notify the Director General of Inland Revenue (DGIR) on any change of accounting period by a company, limited liability partnership, trust body or co-operative society, which has to make payment by instalments on an estimate of tax payable for a year of assessment (YA).
Public Ruling No. 4/2025 supersedes Public Ruling No. 1/2021.
The main amendments include:
Amendment to the definition of ‘revised estimate’ in paragraph 3.1 for the purposes of the Public Ruling.
Revised estimate means a revised estimate made in the eleventh month ofthe basis period or if there is no revised estimate made in the eleventh month of the basis period, the revised estimate made in the ninth month of the basis period or if there is no revised estimate made in the ninth month of the basis period, the revised estimate made in the sixth month of the basis period.
The inclusion of Paragraph 4.2.2
Related company means a company which has a paid-up capital in respect of ordinary shares of more than RM2.5 million at the beginning of the basis period for a YA. However, that company is required to furnish Form CP204 if more than:
(i) 50% of the paid-up capital in respect of ordinary shares of that company is directly or indirectly owned by a related company; or
(ii) 50% of the paid-up capital in respect of ordinary shares of the related company is directly or indirectly owned by that company; or
(iii) 50% of the paid-up capital in respect of ordinary shares of that company and the related company is directly or indirectly owned by another company; or (iv) 20% of the paid-up capital in respect of ordinary shares of the company at the beginning of the basis period for a YA is directly or indirectly owned by one or more companies incorporated outside Malaysia or by one or more individuals who are not citizens of Malaysia (this condition comes into effect from YA 2024)
Paragraph 4.2.2(c) has been added
This clarifies that a company, limited liability partnership, trust body, or co-operative society receiving gains or profits from the disposal of a capital asset is not subject to the estimated tax payable or instalment payment requirements.
Paragraph 4.3 has been updated
This paragraph explains that revisions of an estimate of tax payable may be made in the 6th, 9th, or 11th month, or in all three months, of the basis period for a YA.
In addition, various examples in the Public Ruling have been added or updated.
