Wednesday, 27 March 2019

Personal Tax

If you are receiving travelling or entertainment allowances from your company, you don't need to report it to income tax department (LHDN)! You can claim your expenses to set-off against the employment income received from...

After first round of tax filing deadline by 30 April 2011 for individuals with employment income only and no business income (Form BE 2010), 2nd round of tax filing deadline of 30 June 2011...
Malaysia-Personal-Income-Tax-Rates-Table-2010

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...

The new individual income tax rates effective from year of assessment 2013 is tabulated below and tax rate reduction gives a maximum tax saving up to RM475 for a person with chargeable income of...
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...

Taxpayers who choose to submit their forms and pay taxes via e-filing will now have up to May 15 to do so. According to a posting on the Inland Revenue Board (IRB), the 15-day grace...

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 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...

TAXPAYERS using e-Filing will be getting their refund credited directly into their bank accounts within 30 days after the declaration is made. Inland Revenue Board (IRB) public relations officer Masrun Maslim said the refund would...

IT'S tax season again! Unfortunately, however, the filing procedure tends to end up being a truly “taxing” period for many individuals. We've all heard the horror stories of people failing or forgetting (be it willingly or...
PROMOTION: You can register New Company (Sdn Bhd) for just RM980 only! Call 03-7729 7018 or Click here find out!
CLOSE
CLOSE