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 2011 are required to submit their income tax return (Borang BE) to the nearest Inland Revenue Board (IRB) offices or submit online via e-filing before 30 April 2012. 

Personal tax relief and deductions for YA 2011 are essentially the same for those of YA2010.

Click here for Personal Tax Rates & Table 2011


No Type of individual tax relief – YA 2010 & YA 2011 Amount (RM)
1 Self and Dependent

9,000

2 Medical expenses for parents (scope extended from YA 2011, see Budget 2011 summary)

5,000 (max)

3 Basic supporting equipment

5,000 (max)

4 Disabled Individual (in addition to self relief above)

6,000

5 Education Fees (Individual)

5,000 (max)

6 Medical expenses for serious diseases

5,000 (max)

7 Complete medical examination

500 (max)

8

Purchase of books, journals, magazines and publications

1,000 (max)

9 Purchase of computer (once every 3 years)

3,000 (max)

10 Net saving in Skim Simpanan Pendidikan Nasional

3,000 (max)

11 Purchase of sport equipment for sport activities

300 (max)

12 Subscription fees for broadband registered in the name of the individual (from 2010 to 2012)

500 (max)

13 Income Tax Relief on Interest of Housing Loan (YA2010 only)

10,000 (max)

14

Husband/Wife (for joint assessment) /Alimony Payments

3,000

15 Disable wife/husband

3,500

16 Ordinary child relief (regardless number of children)

1,000 per child

17 Child age 18 years old and above, not married and receiving full-time tertiary education

1,000

18 Child age 18 years old and above, not married and pursuing diplomas or above qualification in Malaysia @ bachelor degree or above outside Malaysia in program and in Higher Education Institute that is accredited by related Government authorities

4,000

19 Disabled child
Additional relief of RM4,000 disable child age 18 years old and above, not married and pursuing diplomas or above qualification in Malaysia @ bachelor degree or above outside Malaysia in program and in Higher Education Institute that is accredited by related Government authorities

4,000

20 EPF and life insurance (scope extended from YA 2011, see Budget 2011 summary)

6,000 (max)

21 Premium on new annuity scheme or additional premium paid on existing annuity scheme commencing payment from 01/01/2010 (amount exceeding RM1,000 can be claimed together with life insurance premium)

1,000 (max)

22 Insurance premium for education or medical benefit

3,000 (max)

.

Under the self-assessment system for individual/personal tax, you do not need to submit the relevant receipts or invoices to the tax authorities (LHDN or IRB) at time of submitting your income tax return. However, you are required to keep those documents in case you are requested by IRB in any tax audit or when you need tax clearance or require any possible tax refund from IRB.

How long you need to keep those receipts or invoices for tax purposes? Tax rules require you to keep for 7 years.

Tax rebate:

An individual with a chargeable income not exceeding RM35,000 entitled to a rebate of RM400 effective from year of assessment 2009.

Where the wife is not working or the wife’s income is jointly assessed, she also enjoys a further rebate of RM400. Similarly, a wife who is assessed separately will also enjoy a RM400 rebate, provided her chargeable income does not exceed RM35,000.

Tax rebate is offset against tax payable by the individual.

Popular Now:  Malaysia Personal Tax Rates (Table) 2011 Hot highlights