In the months of July to December 2024, thirteen (13) local companies were ordered to settle fines at the Magistrate’s Court for failing to comply with Section 52(1) of Income Tax Act (Chapter 35), which is failing to submit Income Tax Returns for the relevant Financial Years:

• • Naureen Tabassum Sdn Bhd was fined BND6,000 for failing to submit Income Tax Returns for the Financial Years ended 31 December 2014, 2015, 2016, 2017 and 2018;
  • RM.Khan Sdn Bhd was fined BND5,000 for failing to submit Income Tax Returns for the Financial Years ended 31 December 2014, 2015, 2016, 2017 and 2019;
  • Nirob Sdn Bhd, Sameer Sdn Bhd and K.M.J Sdn Bhd were each fined BND5,000 for failing to submit Income Tax Returns for the Financial Years ended 31 December 2015, 2016, 2017, 2018 and 2019;
  • Jobtac Sdn Bhd was fined BND4,000 for failing to submit Income Tax Returns for the Financial Years ended 31 December 2016, 2017, 2018 and 2019;
  • One Station Sdn Bhd was fined BND4,000 for failing to submit Income Tax Returns for the Financial Years ended 31 December 2017, 2018, 2019 and 2020;
  • Isc Lau Di Fang Restaurant and Catering Sdn Bhd and Shahin Alam Sdn Bhd were each fined BND3,000 for failing to submit Income Tax Return for the Financial Year ended 31 December 2017, 2018 and 2019;
  • Jahanara Sdn Bhd, Rahmaniyah Sdn Bhd and Syukrith Sdn Bhd were each fined BND2,000 for failing to submit Income Tax Return for the Financial Year ended 31 December 2018 and 2019;
  • A M Hamza Sdn Bhd was fined BND1,000 for failing to submit Income Tax Return for the Financial Year ended 31 December 2019

Revenue Division, Ministry of Finance and Economy would like to remind that companies registered under the Companies Act, Chapter 39 are required to submit their Income Tax Returns latest by 30th June of the relevant Year of Assessment as required under Section 52(1) of the Income Tax Act (Chapter 35). If companies are found guilty for failing to submit Income Tax Returns, along with settling the fines imposed by the Courts, they are still required to submit their outstanding Income Tax Returns and pay outstanding tax amount with penalties which is imposed at maximum 17% of the outstanding tax, where applicable.

Revenue Division
Ministry of Finance and Economy
Negara Brunei Darussalam