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 Income Tax Issues

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ronnie
post Feb 16 2011, 03:10 PM

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arsenal: Yes to question (ii). I think you can get a tax relief statement from Digi
ronnie
post Feb 16 2011, 04:19 PM

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QUOTE(cherroy @ Feb 16 2011, 03:50 PM)
I don't think Digi will issue those kind of statement, correct me if I am wrong.
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That's what Digi advertise together with their Digi Broadband packages...
ronnie
post Mar 2 2011, 12:10 AM

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I'm doing joint-assessment with my wife.
Can I add her medical insurance premium (receipt under wife name) to the Tax Relief under my name ?
ronnie
post Mar 2 2011, 12:50 PM

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QUOTE(bluebay @ Mar 2 2011, 12:39 PM)
"Married couples may file for joint assessment, but separate assessment is deemed to be more effective in lowering overall tax liability."

do u guys agree on the above statement?
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It depends on the individual income of husband and wife. If both are high-income earner, better to separate assessment to lower taxes
Individual tax relief = RM9000
Spouse tax relief = RM3000

ronnie
post Mar 2 2011, 11:36 PM

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QUOTE(dcon @ Mar 2 2011, 07:50 PM)
Hi,
My wife monthly salary is about RM2k, I know that she is not entitled for tax, thus she has never open a file with LHDN, we had married for 5 years and she has not declare her income tax before and so far I only declare tax for myself.  I just aware that if join account, spouce is entitle for RM3k deduction.
Can I declare my tax this year and also combine my wife income so that i can entitled 3k deduction?
If I want to have combine declaration, does my wife require to open a file with LHDN?
Thanks
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If you do joint-assessment with your wife, you need to add her RM2k x12 into your total income.
NOT WISE move.... 24k income vs 3k wife tax relief
ronnie
post Mar 3 2011, 03:31 PM

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gila99: As long as you pay PCB, you need to file in your Borang BE
ronnie
post Mar 4 2011, 02:49 PM

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QUOTE(alex_cyw1985 @ Mar 4 2011, 02:30 PM)
is u-mobile consider broadband?
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Yes....
ronnie
post Mar 4 2011, 11:20 PM

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QUOTE(dcon @ Mar 4 2011, 06:10 PM)
Just wanna ask if self body/blood diagnostic check entitle for tax reduction?
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It needs to be head to toe test with ECG, X-ray, physical examination by doctors
ronnie
post Mar 6 2011, 05:01 PM

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QUOTE(penangmee @ Mar 6 2011, 03:20 PM)
REfer to IRD public ruling 1/2005 para 7.3.23 example 22.

As Jothy has elected for combined  assessment with Raj, the amount of
insurance premium and EPF contribution paid by Jothy is deemed to have
been paid by Raj
- (paragraph 50(2)(a) and subsection 50(3) ITA).
Therefore, Raj is deemed to have paid an amount of  RM21,300 + RM4,800
= RM26,100. However, he is entitled to a deduction of only RM5,000.

IRB ruling considered superior to MIA publication
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That's right based on the PUBLIC RULING NO. 2/2005 (DATE OF ISSUE: 6 JUNE 2005)... so I can claim the medical portion for wife (joint-assessment) if the total (wife+mine) doesn't exceed RM3,000
ronnie
post Mar 9 2011, 07:46 PM

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QUOTE(zzzxtreme @ Mar 9 2011, 02:16 PM)
my 2010 tax is done. have u?
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Nope... still waiting for Prudential to send their tax relief receipt vmad.gif mad.gif
ronnie
post Mar 9 2011, 08:16 PM

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QUOTE(cute_boboi @ Mar 9 2011, 07:55 PM)
I already received my Prudential receipt today  tongue.gif
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that's good... this year seem to be later than past years.
If I don't get it by 15 March, will get them to regenerate another copy.
ronnie
post Mar 11 2011, 07:44 AM

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QUOTE(Secret_Garden @ Mar 11 2011, 07:39 AM)
I have a donation receipt but the name is under my parent name, can i use it?
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It must be under your name if you wish to claim it.
ronnie
post Mar 12 2011, 06:24 PM

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QUOTE(CalvinCLK @ Mar 12 2011, 05:55 PM)
I have a question here: How to fill in the employer's number if I have two EA form?

Thanks..
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Fill the latest employer number only.
ronnie
post Mar 14 2011, 04:37 PM

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If wife not working in 2010, do she need to submit the E-Filling for 2010 or just ignore altogether ? I will be doing joint-assessment with my wife.
ronnie
post Mar 14 2011, 11:54 PM

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QUOTE(mucklampir @ Mar 14 2011, 05:00 PM)
hi all..

for relief from books buying, how to claim it if i have a separated account from my wife? should we both put the total amount, or divide it among us? or only one person can claim?  rclxub.gif

thanks..
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Don't share the books & magazine receipts if you do separate assessment.
Not enough receipts to hit RM1000, PM me....
ronnie
post Mar 15 2011, 12:09 AM

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QUOTE(a-ei-a @ Mar 15 2011, 12:03 AM)
Hi all,

Is it both Books and Magazine eligible for income tax deduction? (As the item appear in Popular receipt tagged with BK and MG).

Also, is allowance to work at Cyberjaya can be deduct under tax also? biggrin.gif
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Popular receipt for item listed as BK and MG is counted as part of the RM1000 tax relief claims.....
If you work in IDR, then you can claim tax relief, not Cyberjaya lah.
ronnie
post Mar 15 2011, 01:03 AM

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QUOTE(samquah @ Mar 15 2011, 12:12 AM)
want to ask

if by the new book launched by mahathir...the dr in the house

mph just issue a receipt and write there dr.m

can claim for tax rebate for next yrs submission?
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MPH official receipts will write [BOOK] or [MAGAZINE] next to the description. You can claim nett paid amount only (After deducting vouchers & discounts)
ronnie
post Mar 15 2011, 09:09 AM

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QUOTE(samquah @ Mar 15 2011, 08:12 AM)
but this book was bought during the launch...the issued the receipt manually..with mph letterhead receip and manually written down as dr M as the desciption

so can claim?
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That's more ambiguous... You should have asked them to write (BOOK) previously... I always do that when getting a hand written receipts.
ronnie
post Mar 15 2011, 10:13 AM

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@adiwarna: Did you receive the Tax Relief receipt from Prudential ?
ronnie
post Mar 15 2011, 10:30 AM

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QUOTE(adiwarna @ Mar 15 2011, 10:24 AM)
not yet...agent said will receive in this month
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Safer to be based on that little receipt... If you don't get it by March 18th, better call Prudential's CS

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