If I buy a CPU by parts(eg. Monitor, casing first, then HDD,memory, cpu, motherboard later) , is it eligible for the tax relief?

then does it apply the same if i bought on different shop but i assembly myself??

you can fill in the 'pendapatan belakang' or something...just declare it as it is part of your responsibility to declare your salary even if no tax.. somebody once mentioned that he was fined because he didn't declare his income tax even though the tax was nil. normally LHDN people will audit you when u want to withdraw your EPF or something like that..so have to be careful..

got 2 category one.

(a) penalty that is 3 times of tax, or
(b) fine between RM300 to RM2,000

if tax payable is NIL then u have to pay the fine under (b)

Hmm...

For self employed people, let say their monthly earnings is RM15,000. But in the form, the state there RM5,000. Can they cheat?

No sdn. bhd. or enterprise company. Like a char kuey teow seller can earn that much, but I don't think he's that dumb to put RM15,000.

Yea my question is, can they really cheat?

Hi, everyone, i wanna ask abt the taxable salary,

my salary total salary is the total of:-
GAJI POKOK   
ELAUN KHIDMAT AWAM
IMBUHAN TETAP PERUMAHAN   
BANTUAN SARA HIDUP
ELAUN KRITIKAL (AMAUN)

i m working in government. May i know which one is non-taxable?

Yes this is quite an interesting new item for Tax2009. The question is, how will we know how much of our monthly payment goes to the main amount (not sure the exact tem, base loan?) and how much goes to interest? We ask the bank?

Sch 6 Para 15(1)(b) doesn't mention VSS cannot.

so the bonus 2008 is add into "Penggajian " or "Dividen" ?

In my EA form, bonus 2009 is filled in "Dividen", therefore can I assume that bonus 2008 will be same as bonus 2009? declared it into "Dividen" column, just add it together with bonus 2009?

Hi, I’m still having headache filling up my BE Form. There’s a section D8D where we can get deduction for ‘Faedah Pinjaman Perumahan’.  We’ve bought a house but it was under construction and we only have to start paying the installment s and interests upon completion, can I still get this D8D deduction?

If yes, how do I calculate how much deduction to write for section (since we’re not paying for it yet)?

As per its condition, the S&P must be signed in between 2009 till 31 December 2010. If we can only get the deduction after we started our installment which will be in 2010 income tax submission instead (house to be complete end of 2010), I’m worried the required S&P signed date will become 2010 till 31 Dec 2011. Then our deduction will not be valid anymore because the S&P was signed in 2009!

Tolak : Jumlah tolakan/pelepasan cukai
(Pelepasan cukai seksyen 132 & 133 terhad kepada jumlah cukai yang dikenakan)
Less : Total tax deduction/relief (Section 132 & 133 tax relief restricted to total tax charged)

I do e-filing. I key in the Gross Dividend received, and the tax deducted from this Dividend. Funny thing is, this tax deducted appear under the line "Section 132 & 133". I thought it should appear under section 110? A search from the internet revealed that S 132 & 133 is related to Double Taxation. Is there something wrong with the e-filing?

There are total 6 pages in e-filing.
1.  Maklumat Individu | Particulars of Individual 
2.  Pendapatan Berkanun &  Jumlah Pendapatan | Statutory Income and Total Income
3.  Pendapatan Tahun Kebelakangan | Income Of Preceding Years Not Declared 
4.  Tuntutan Pelepasan | Deduction Claim
5.  Tuntutan Rebat / Tolakan Cukai /  Pelepasan Cukai | Rebate Claim / Tax Deduction / Tax Relief 
6.  Rumusan Cukai | Tax Summary

Goto the last page, summary. The tax dividend paid is listed as

Tolak : Jumlah tolakan/pelepasan cukai
(Pelepasan cukai seksyen 132 & 133 terhad kepada jumlah cukai yang dikenakan)
Less : Total tax deduction/relief (Section 132 & 133 tax relief restricted to total tax charged)
I'm wondering if this is a systems glitch. If I click "submit", will I be penalised later for wrongful submission? ie, claiming as S 132 & S 133 instead of Section 51

21    Premium on new annuity scheme or additional premium paid on existing annuity scheme commencing payment from 01/01/2010 (amount exceeding RM1000 can be claimed together with life insurance premium) 1,000 (Limited)

Can put my life insurance in this column?

in Form BE, where to put REIT dividend? income lain-lain section? or not need declare? if no need declare, how to ask for the refund on paid tax?

hi how do you calc that 10k? i bought end of last year, got my key in dec 2009 and first installment payment in jan2010. how much can i deduct?

the due date for declaring our income tax is when?

No need to wait until you start working.

Exactly the same as my situation many years ago. I have zero income but only dividend. So I wrote to Income Tax Department to open a file even though I was just  a student. I submitted the dividend vouchers every year and got back the tax deducted in full. I was only asked where I got the money to buy the shares, and I replied that my father bought the shares under my name. It is also because of this pro-active practice, my tax file is always in order, and I never have any difficulties in getting my tax refund.

recently there are a lot of packages offered by developers like 5/95 or 10/90 scheme. Basically developers absorb interest during construction. Can we get tax relief for this ?

Hi there,

I'm working on a Malaysian registered DP vessel on Malaysia waters, mainly offshore Labuan, Terengganu and Miri

According to INCOME TAX ACT 1967, Section 54A. Exemption of shipping profits, I seems to entitled for some kind of exemption from tax. I'm on contract basis, which i don't receive monthly salary. The company is paying my EPF, SOCSO and deducted PCB from my salary. I've been submitting BE for two years and pays my taxes as a good citizen should do.

my question is:

1. What is the reason behind for being tax exempted?
To encourage investors to own and operate Malaysian flag ship.
2. Is there any specific kind of vessel apply to this? or just any type of vessel?
3. If I am exempted, what kind of documentation i need to prepare? What is procedures to claim the money back?
Crewman on 'Malaysian ' ship is exempted from income tax. - MALAYSIAN SHIP = a sea going ship registered as such under the merchant shipping ordanance 1952 other than a ferry,barge,tug boat,supply vessel, crew boat, lighter, dredge, fishing boat or other similiar vessel.
4. (I know is impossible) Can i get exempted for what i had paid in the last 2 years? Sure if you are eliglble for the exemption, provide the EA from the shipping Co & confirmation of the ships registration & shipping schedule to your LHDN office.

thanks for your input, i appreciated

I found this
"Increase in relief on contribution to Employees Provident Fund (EPF) and life insurance or deferred annuity To encourage Malaysians to participate in retirement scheme, it is proposed that the tax relief of RM6,000 for EPF contribution and life insurance premiums be increased to RM7,000. This increase of RM1,000 relief is for relief on annuity premium paid from 1 January 2010 for retirement schemes offered by insurance companies. This increase is also applicable to additional premium paid on existing annuity scheme commencing from 1 January 2010."
I bought HLA Wealth Builder, can I claim the 1000 tax relief as deferred annuity?

Computer purchased from oversea (say, SG or via online sites like amazon, etc) how to calculate? payment made in SGD/USD

Wasn't sure if you were agreeing or disagreeing so I thought I'd elaborate.

Take note of the bold part above.  To be "derived from outside of Malaysia" your business cannot be operated in Malaysia.  So if your business is operated from Malaysia, no matter where you sell, your income is derived from Malaysia.

Derivation rules do not look at the location of your customer.  They look at the location of your operations.  If you are selling to Thailand, from Malaysia, your income is derived from Malaysia for tax purposes and you do not get this exemption.

hi need to enquire about rental income tax. Let's say i have a house which i am paying RM1k for installments, and getting RM1.5k mthly for rental. Am i going to be charged at a flat rate of RM1.5x12mth or RM1.5k minus RM1k x12mths for tax?