Can I deduct all business expenses?

Not all. Only expenses that are 'wholly and exclusively' for business purposes can be deducted. Personal expenses are not allowed.

What if I have both salary AND business income?

Use Form B and report both types of income. Employment income is filled in a separate section.

How long do I need to keep records?

LHDN requires you to keep business records for 7 years from the date of form submission.

What is CP500 and do I need to pay it?

CP500 is a monthly tax installment for business owners. If your previous year's tax exceeds RM3,000, you may need to pay CP500.

LHDN Form B.

The income tax form for resident individuals with business income, including freelancers, business owners and commission earners.

Fill Form B Freelancer guide

YA 2026e-Filing 2027

Deadline · YA 2026

File Form B by 15 July 2027

For traders, freelancers and business owners. Form B has a later deadline than Form BE. Dates follow the pattern of LHDN's last published filing programme (RF Filing Programme 2026, for YA 2025) until LHDN publishes the 2027 programme.

Check if Form B is for you

e-Filing deadline

15 July

2027

e-Filing opens

1 March

2027

e-Filing opens
1 Mar 2027
Statutory due date
30 Jun 2027
e-Filing deadline
15 Jul 2027
Who it is for
Traders, freelancers, business owners

Who should use Form B

Any business or freelance income. No business income (salary, rental, dividends) means Form BE.

Use Form BB

Use Form B if you are

Sole proprietor (sole trader)
Freelancers and independent contractors
Landlords whose letting is run as a business (with active services)
Insurance agents, real estate agents, MLM
Individuals with both business and employment income
Grab/Food Panda drivers (self-employed)

Use another formBE · C · P · M

Do not use Form B if you are

Employees or landlords with no business income (use Form BE)
Sdn Bhd companies (use Form C)
Partnerships (use Form P)
Non-residents of Malaysia (use Form M)

Required documents

Have these ready before you log in to MyTax.

P&L

Profit & Loss Statement

Business income and expenses statement for the assessment year.

Receipts

Expense Records

All receipts and invoices for deductible business expenses.

EA Form (If Applicable)

If you also have employment income, include EA Form from your employer.

Asset & Depreciation Records

Records of business asset purchases and depreciation (capital allowance) calculations.

Deductible business expenses

These expenses can be deducted from business income to reduce your tax.

Full list of allowable expenses

Deductible

Operating Expenses

Office/workspace rental
Utility bills (electricity, water, internet)
Employee salaries (if any)
Raw materials / inventory
Transportation and travel

Deductible

Marketing Expenses

Advertising (Facebook Ads, Google Ads)
Website and hosting costs
Printing and promotional materials
Sales commissions

Deductible

Professional Expenses

Accountant and audit fees
Legal fees
Business software subscriptions
Business insurance

Capital allowance

Capital Allowance (Depreciation)

Computers and IT equipment
Office furniture and fixtures
Business vehicles
Machinery and equipment

Parts of Form B

Five parts, A to E.

01
Part A · Personal Information
Full name and ID number · Marital status · Business and home address · Business registration number (if any)
02
Part B · Business Income
Total gross business income · Deduct: Allowable expenses · Deduct: Capital allowance (depreciation) · Net business income
03
Part C · Other Income
Employment income (if any) · Rental income · Dividend and interest income · Other taxable income
04
Part D · Tax Relief
Individual relief (RM9,000) · EPF and insurance (including voluntary contributions) · Medical, education, lifestyle reliefs · First home loan interest (up to RM7,000 / RM5,000) · Spouse and child reliefs
05
Part E · Tax Calculation
Total aggregate income · Deduct: Total reliefs · Taxable income · Tax payable - PCB/CP500