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CP500 Malaysia 2026: What It Is & the Penalty Waiver Explained

cp500 malaysia 2026 what it is and the penalty waiver explained feature

If you received a CP500 notice from LHDN, you’re not alone — and you don’t need to panic. CP500 is the Inland Revenue Board’s bimonthly tax instalment notice for individuals earning non-employment income such as rental, royalties, or business profits. In 2026, LHDN has waived penalties for non-payment, but voluntary payments are still encouraged. This guide explains what CP500 is, who gets it, the full 2026 payment schedule, and what the penalty waiver actually means for your tax liability.