{"id":2981,"date":"2012-03-24T16:39:26","date_gmt":"2012-03-24T08:39:26","guid":{"rendered":"http:\/\/www.nbc.com.my\/blog\/?p=2981"},"modified":"2013-10-23T23:56:45","modified_gmt":"2013-10-23T15:56:45","slug":"claim-your-expenses-to-reduce-employment-income-and-personal-tax","status":"publish","type":"post","link":"https:\/\/www.nbc.com.my\/blog\/claim-your-expenses-to-reduce-employment-income-and-personal-tax\/","title":{"rendered":"Claim your expenses to reduce employment income and personal tax"},"content":{"rendered":"

\"\"<\/a>If you are receiving travelling or entertainment allowances from your company, you don’t need to report it to income tax department (LHDN)!<\/p>\n

You can claim your expenses to set-off against the employment income received from your employer and thus reduce the personal tax payable to LHDN.\u00a0<\/p>\n

A person who are getting paid for the following allowances can claim the expenses that incurred in the performance of his\/her works:<\/p>\n

    \n
  1. Travelling expenses which are incurred by the individual in the course of exercising his\/her duties as an employee\/staff against the travelling expenses.<\/li>\n
  2. Entertainment expenses which are incurred by the individual in entertaining existing client on behalf of the employer.<\/li>\n
  3. Annual subscription paid to professional bodies when membership to such bodies is relevant to the performance of duties.<\/li>\n<\/ol>\n

    Please take note that all expenses claimed are subject to the maximum amount of allowances paid by the employer and a proof of those expenses need to substantiate\u00a0such claims.<\/p>\n

    Even though the relevant bills\/receipts are not required to be submitted together with the income tax return (Form B\/BE) to LHDN\u00a0, please keep those bills\/receipts in a safe place for any future inspection by the LHDN officer.<\/p>\n

     <\/p>\n

    Popular Now:<\/strong>\u00a0\u00a0Malaysia Personal Tax Rates (Table) 2011<\/span><\/a><\/span>\u00a0\"Hot<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

    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 your employer and thus reduce the personal tax payable to LHDN.\u00a0<\/p>\n","protected":false},"author":4,"featured_media":2870,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[51],"class_list":["post-2981","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-personal-individual-tax","tag-personal-tax"],"_links":{"self":[{"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/posts\/2981"}],"collection":[{"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/comments?post=2981"}],"version-history":[{"count":0,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/posts\/2981\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/media\/2870"}],"wp:attachment":[{"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/media?parent=2981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/categories?post=2981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/tags?post=2981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}