Thursday, 3 December 2020

Personal Tax

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...

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...
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...

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...

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...

You will be barred from leaving the country if you have yet to settle your income tax or property tax (RPGT) from October 2013 onwards! You may or may not aware that you have outstanding...

Encountered some questions on Malaysia personal tax matters? Inland Revenue Board (IRB), the Malaysian tax authorities published some FAQ that may be relevant to individual tax payer in Malaysia. Here are some extracts: Assessment of Tax Q...

As announced in Budget 2014 and to increase the disposable income of the middle income group, a special one-off personal tax relief of RM2,000 will be given to resident tax payers earning up to...

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...
budget2014-personal-tax-cut-tax-saving_thumb

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...
PROMOTION: You can register New Company (Sdn Bhd) for just RM980 only! Call 03-7729 7018 or Click here find out!
CLOSE
CLOSE