Ooo.. I didnt know that there is such thing as tax relief.

I've some questions here.
1) Tax relief of RM3000 for computer every 3 years. Does that mean, if my income tax = RM10,000. I show them receipt that i bought this year. I only pay RM7000 income tax?
2) If i can claim RM3000 for computer once ever 3 years. In theory, isn't that a "free" computer every 3 years? since no matter what, i still need to pay the RM3000. Just whether to PC shop or government.
3) If i buy computer, receipt put my parent name, does that mean, my parent's income tax can reduce RM3000?
4) Must i spend more than RM3000 to avoid RM3000 income tax? If I spend RM2000 on computer, can i still reduce RM3000 from tax or only RM2000?
5) Definition of "Pembelian komputer peribadi untuk individu". Must i include speaker? monitor?


=>> Did i get everything wrong? Tax relief of RM3000. If im in 26% tax bracket. I buy computer RM3000, (3000x26%=Rm780) means i can avoid RM780 being taxed from my income?

This post has been edited by chongkeong: Nov 3 2010, 06:56 PM