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The document is a PCB/TP3 form issued by the Malaysian Inland Revenue Board, designed for employees to provide information regarding their previous employers within the current year for monthly tax deduction purposes. It includes sections for employer details, individual information, salary and contributions, deductions, and an employee declaration. The form aims to facilitate accurate tax calculations and compliance with the Income Tax Act.

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What is the TP3?

The TP3 Form is a compulsory document for new employees to report their income from previous employments within the same tax year. The primary purpose is to assist new employers in accurately calculating Monthly Tax Deduction (MTD) amounts, ensuring compliance with Malaysias personal income tax laws.

What is the employer quarterly tax and wage report form?

Employers use Form 941 to: Report income taxes, Social Security tax, or Medicare tax withheld from employees paychecks. Pay the employers portion of Social Security or Medicare tax.

What is the income tax 3 form?

What is the ITR-3 Form? The ITR-3 is applicable for individual and HUF who have income from profits and gains from business or profession. One can call it a master Form, as this is the one form where an individual or HUF can report all the possible incomes.

What is the difference between TP1 and TP3?

Form TP1/TP3 Form TP1 is to claim deductions and rebates in the relevant months, while Form TP3 is to notify the current employer about the information relating to an employees previous employment.

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