Personal Tax
Malaysia Personal Income Tax Rates & Table 2011
Click here for Malaysia Personal Income Tax Rates & Table 2012
Every individual is subject to tax on income earned in Malaysia or received in Malaysia from outside Malaysia. Income earned in oversea remitted to...
Housing loan interest tax deduction of RM10,000 per year for 3 years of assessment
Claim your housing loan interest as personal tax deduction/relief up to RM10,000 per year for 3 years of assessment (RM10,000 x 3 YAs = RM30,000 in total), if you buy a house before 31...
Malaysian Personal Income Tax Rates & Table 2009
Every individual is subject to tax on income earned in Malaysia or received in Malaysia from outside Malaysia. Income earned in oversea remitted to Malaysia by a resident individual is exempted from tax.
A non-resident...
Budget 2014: Personal tax reduced in 2015
Upon the implementation of GST in April 2015, the Government is committed to provide various forms of assistance to the rakyat during and after the GST implementation. One of the significant measure is to...
Malaysia Personal Income Tax Rates 2013
Calculate your personal income tax payable 2013 from the following table: Malaysian Personal Income Tax Rates 2013.
All personal income tax submission for year of assessment 2013 via e-filing must be done on or before...
Malaysia Individual Personal Tax Relief for YA 2010 & YA2011 (both years are same)
Individual personal tax relief is only available for individuals who are considered tax resident in Malaysia. No tax relief is available for non-tax residents. Generally rule is, a person is a Malaysia tax resident...
Malaysia individual tax deduction – Broadband subscription fee for YA2010 to YA2012
Malaysia Inland Revenue Board (IRB) on 12 April 2011 issued a Technical Guideline on personal tax relief or deduction on the broadband subscription fee. It clarifies that individual (employee) who receives benefit on using...
Due Day Extended for Personal Tax Submission: 15 May 2013 (E-Filing Only)
Inland Revenue Board (LHDN, Lembaga Hasil Dalam Negeri) has extended the deadline for personal tax return submission and balance of tax payment for employment income to 15 May 2013.
The extension of due date is...
Employee Benefits and Income earned by Staff exempted from Income Tax
With effect from YA 2008, employees are given tax exemption on allowances, benefits in kind and perquisites that received from their employer as follows:
(a) perquisites in relation to travel allowance, petrol card, petrol allowance...
FAQ: RM6,000 tax relief for children education savings
The National Education Savings Scheme (SSPN-i ) was designed by the National Higher Education Fund Corporation (PTPTN) for the purpose of higher education.
As announced in Budget 2013, it is proposed that personal tax relief...
