Friday, 22 November 2019

Personal Tax

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...

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...

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...

Following the implementation of Self Assessment Taxation System in Malaysia years ago, the Inland Revenue Board switches its focus and attention in doing tax audits to ensure taxpayers comply with the legal provisions and...

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...

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...

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...

On 16 November 2011, Inland Revenue Board Malaysia issued Public Ruling No 8/2011, “Foreign Nationals Working in Malaysia – Tax Treatment”, which explains the tax treatment of employment income derived by foreign nationals exercising...
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...

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