[Malaysia] Payroll & Compliance: Generating CP58 Form (Pro)

Modified on Wed, 24 Jun at 12:47 PM

Form CP58 is an annual statement issued by Malaysian companies to agents, dealers, or distributors to report any monetary or non-monetary incentives received, where the total value exceeds RM5,000 within a calendar year.

Follow the steps below to generate the CP58 form in HReasily Pro:

1. Go to Payroll > Forms > Tax Forms > CP58.

2. Under the CP58 tab, select the employee's name, then click Search to display the relevant record.

3. Click ACTIONS > Edit to add or update the required details.

4. After making changes, click Save to store the information, or Save & Download to generate the form immediately.

5. To download a single employee's CP58 form, click ACTIONS and select Download PDF File.

6. For bulk downloads, tick the employees you want and click Download Selected to generate and download multiple CP58 forms at once.