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Form CP38 - Everything You Need to Know

CP38 is an additional tax deduction order issued by LHDN specifically to an employer. Employers will generally receive this directive from LHDN to make additional monthly deductions ('CP38') from an employee's salary in addition to the usual monthly PCB / MTD amounts.

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Form CP38 - Everything You Need to Know

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  1. Form CP38 - Everything You Need to Know

  2. CP38 is an additional tax deduction order issued by LHDN specifically to an employer. Employers will generally receive this directive from LHDN to make additional monthly deductions ('CP38') from an employee's salary in addition to the usual monthly PCB / MTD amounts.

  3. This amount of borang CP38 is intended to offset the balance of the tax liability that exceeds the monthly amounts of PCB / MTD that are already deducted from the employee.

  4. This amount of borang CP38 is intended to offset the balance of the tax liability that exceeds the monthly amounts of PCB / MTD that are already deducted from the employee. • Employees can settle their back income taxes in installments using additional CP38 deduction from their wages at Talenox.

  5. How include CP38 deduction in Payroll? • You can include a CP38 tax deduction order through these simple steps: • When processing employee payroll, go to Step 3: Select Pay Item> Ad Hoc Pay / Deduction tab. • Choose the pay item "Tax deduction order CP38" in the system and enter the additional amount to be deducted from the employee's salary. Also enter any comments if necessary.

  6. How to add a CP38 (Tax Deduction Order)? • CP38 form deductions are only necessary when LHDN issues a specific instruction to the employer, asking them to make additional deductions in monthly installments from the taxpayer's salary so that it can settle the arrears of the employee's income tax from previous years. • Instead of having to pay a lump sum, the employee has the opportunity to pay his back income taxes over a period of a few months instead of having to bear a large deduction. Monthly PCB deductions continue to be owed on current income. • To add the CP38 deductions to your payroll, follow the steps below: • Add deduction item CP38 from additional payroll items. Read how to add payroll items to learn more. • Edit the amount, as directed by LHDN to the employer. • The amount will be reflected later in the PCB form generated by the application.

  7. About Us • QNE Software SdnBhd (QNE) is a dynamic organization located in Kuala Lumpur (KL) that actively provides Accounting System to the South East Asia market. QNE’s solutions are designed specifically to meet the requirement of local business practices and challenging environments. Since QNE (formally known as OneStop Software Solutions (M) SdnBhd) was formed on 15 August 2001 under the Companies Act 1965, QNE’s is known for its strong commitment to research and development. As a result, QNE was awarded the MSC Pioneer Status in April 2005. • Website - https://www.qne.com.my/

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