Understanding the acceptance of special voluntary disclosure programme among company taxpayers

The Malaysian Ministry of Finance announced on 3 November 2018 on the implementation of the Special Voluntary Disclosure Programme (SVDP) which runs from 3 November 2018 until 30 September 2019. The programme aimed to provide taxpayers with the opportunity to make up for their previous underreported...

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Main Author:	Fatin Hamamah, Idris
Format:	Thesis
Language:	eng eng eng
Published:	2020
Subjects:	HJ4771.6 Income Tax Tax Returns. HJ Public Finance
Online Access:	https://etd.uum.edu.my/9709/1/s825135_01.pdf https://etd.uum.edu.my/9709/2/s825135_02.pdf https://etd.uum.edu.my/9709/3/s825135_references.docx
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id	my-uum-etd.9709
record_format	uketd_dc
spelling	my-uum-etd.97092023-10-18T07:52:27Z Understanding the acceptance of special voluntary disclosure programme among company taxpayers 2020 Fatin Hamamah, Idris Amir Hussin, Muhammad Rosni Tunku Puteri Intan Safinaz School of Accountancy (TISSA) Tunku Puteri Intan Safinaz School of Accountancy (TISSA) HJ4771.6 Income Tax. Tax Returns. HJ Public Finance The Malaysian Ministry of Finance announced on 3 November 2018 on the implementation of the Special Voluntary Disclosure Programme (SVDP) which runs from 3 November 2018 until 30 September 2019. The programme aimed to provide taxpayers with the opportunity to make up for their previous underreported and undeclared income and offers a 10% – 15% lower penalty rate than the very serious 45% – 300% penalty that they pay after the expiry of the programme. The programme, with an estimated RM 10 billion, aims to attract at least one million taxpayers. Taxes and penalties totalling RM 7.01 billion were collected at the end of the programme. The programmed results were low in comparison to the IRBM (Inland Revenue Board Malaysia) targets. Therefore, this study was carried out to understand the company taxpayers’ acceptance towards SVDP used qualitative method. The findings of this study indicate that attitude of the company taxpayers lead to success in the SVDP, effective campaign related to the value of SVDP is necessary to raise awareness among the company taxpayer. Finally, trust between company taxpayers and IRBM is crucial and is the most powerful element in ensuring company taxpayers complies with the tax regulations. These findings would be beneficial input for IRBM for the next SVDP. 2020 Thesis https://etd.uum.edu.my/9709/ https://etd.uum.edu.my/9709/1/s825135_01.pdf text eng public https://etd.uum.edu.my/9709/2/s825135_02.pdf text eng public https://etd.uum.edu.my/9709/3/s825135_references.docx text eng public other masters Universiti Utara Malaysia
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng eng
advisor	Amir Hussin, Muhammad Rosni
topic	HJ4771.6 Income Tax Tax Returns. HJ Public Finance
spellingShingle	HJ4771.6 Income Tax Tax Returns. HJ Public Finance Fatin Hamamah, Idris Understanding the acceptance of special voluntary disclosure programme among company taxpayers
description	The Malaysian Ministry of Finance announced on 3 November 2018 on the implementation of the Special Voluntary Disclosure Programme (SVDP) which runs from 3 November 2018 until 30 September 2019. The programme aimed to provide taxpayers with the opportunity to make up for their previous underreported and undeclared income and offers a 10% – 15% lower penalty rate than the very serious 45% – 300% penalty that they pay after the expiry of the programme. The programme, with an estimated RM 10 billion, aims to attract at least one million taxpayers. Taxes and penalties totalling RM 7.01 billion were collected at the end of the programme. The programmed results were low in comparison to the IRBM (Inland Revenue Board Malaysia) targets. Therefore, this study was carried out to understand the company taxpayers’ acceptance towards SVDP used qualitative method. The findings of this study indicate that attitude of the company taxpayers lead to success in the SVDP, effective campaign related to the value of SVDP is necessary to raise awareness among the company taxpayer. Finally, trust between company taxpayers and IRBM is crucial and is the most powerful element in ensuring company taxpayers complies with the tax regulations. These findings would be beneficial input for IRBM for the next SVDP.
format	Thesis
qualification_name	other
qualification_level	Master's degree
author	Fatin Hamamah, Idris
author_facet	Fatin Hamamah, Idris
author_sort	Fatin Hamamah, Idris
title	Understanding the acceptance of special voluntary disclosure programme among company taxpayers
title_short	Understanding the acceptance of special voluntary disclosure programme among company taxpayers
title_full	Understanding the acceptance of special voluntary disclosure programme among company taxpayers
title_fullStr	Understanding the acceptance of special voluntary disclosure programme among company taxpayers
title_full_unstemmed	Understanding the acceptance of special voluntary disclosure programme among company taxpayers
title_sort	understanding the acceptance of special voluntary disclosure programme among company taxpayers
granting_institution	Universiti Utara Malaysia
granting_department	Tunku Puteri Intan Safinaz School of Accountancy (TISSA)
publishDate	2020
url	https://etd.uum.edu.my/9709/1/s825135_01.pdf https://etd.uum.edu.my/9709/2/s825135_02.pdf https://etd.uum.edu.my/9709/3/s825135_references.docx
_version_	1783729413730336768

Understanding the acceptance of special voluntary disclosure programme among company taxpayers

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