PETALING JAYA: The Inland Revenue Board of Malaysia (IRB) has revealed that an increasing number of online influencers and social media earners are co...
: The Inland Revenue Board of Malaysia has revealed that an increasing number of online influencers and social media earners are coming forward to declare their taxes, driven by concerns over potential repercussions.that tax compliance within this group has seen an almost four-fold increase, jumping from 390 files in 2023 to 1,250 as of April this year.
Additionally, many social influencers can earn as much as RM5,000 to RM6,000 per social media post or video. “Each state has a dedicated unit with officers monitoring local influencers or those offering sales on TikTok or Instagram. Our officers also send out official emails to the individuals concerned, advising them to comply,“ he was quoted as saying.
Under LHDN regulations, anyone earning an annual income of RM30,000 or more through sales or services must declare their income.
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