Personal Tax
Budget 2014: Special personal tax relief RM2,000
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...
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...
Personal Income Tax Relief for YA 2011 (submit your tax return before 30 April...
Personal tax relief is available for those who have stayed in Malaysia for more than 182 days, regardless of the nationality of that individual.
All individual who do not have any business income in the year of...
Pay Your Tax Now or You Will Be Barred From Travelling Oversea
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...
Budget 2013: Personal tax rate reduced by 1%
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...
Claim your expenses to reduce employment income and 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...
30 June 2011 – DUE DATE for submission and payment of tax payable for...
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...
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...
Budget 2015: New Personal Tax Rates for Individuals (YA2015)
As it was announced in Budget 2014 & proposed in the latest Budget 2015, individuals income tax rates will be reduced by 1% to 3% with effective from the year of assessment 2015.
Technically, families with total...
Most favourite tax questions from taxpayers
Customer Service Centre of Inland Revenue Board of Malaysia summarised below the Top 5 most favourite asked questions from Malaysian taxpayers:-
1. How do I register an Individual income tax reference number?
There are 2 methods...
