QUOTE(iamkid @ Jul 27 2011, 05:19 AM)
Hi,

when my parents want to buy house and start to submit tax, they ask a tax agent to do these things for us. But now, after 6 years, LHDN comes and ask for receipt.

Since we have better knowledge about taxation than 6 years ago, we realized that, the agent declare irrelevant amounts on the insurance. RM6k +RM3k max relief.

Now the LHDN is chasing us for the penalty. What are we supposed to do? Can we sue the tax agent and ask for compensation? We paid a few thousands to them last time as fee and they make such a mistakes, making our life miserable!

Thanks for reading



Nowaday the tax agent very useless one.Accept to many business until no enough time review all the client file.Outcome client suffer and need to pay all the penalty.

My suggestion is looking for someone you trust and have tax knowledge to help review.At least won't end up with pay for professional and get penalty.But make sure the person is really know about tax and always update.

Mostly now many ppl kena on house interest is because it only apply for those who buy house between 10 Mac 2009 - 31 December 2010.If you sign the S & P in this period,you will able to claim relief in YA 2009 - YA 2011( 3 years only).Dun overclaim.