VSS not automatically tax exempt under sch 6 para 15 but employer can and SHOULD request for exemption from IRB, Normally approved.

If your insurance plans includes both medical and life, it must be seperated. Normally, the statements will show it separately on the premiums that you have paid for the year. If it isn't, please call them and get them segregated. Also, best is to get a written reply from them.

warning they maybe some irb officer log in our forum so becareful when i post any comment. or your intention to run away tax

Hi,

Does the passport application fees (RM300) can be relief tax under the 'Fi/Levi yang dibayar oleh pemegang pas penggajian, pas lawatan (kerja sementara) atau pas kerja'...

As the reason I need to renew my passport is required by employer, but they are not paying to me.

Regards,

@alice08
IF you are working as a salesman and do not own any business, you are a salaried worker. You should fill up Form BE.

However, you receive a basic salary and commisions. You should be the EA form printed for you. It should indicate your basic salary and commissions. Should there be no indications of your commision, please declare your commisions under 'Keuntungan Lain Lain' portion.

@wufei
That's the portion to declare your commission... and other source of income stream.

Nowadays, company, sole-proprietorship, even PCB, all are paying ahead or pre-installment one.

Company every year even before new financial year begin, they need to provide forecast for their next year profit, and paying tax ahead (some sort like PCDB for individual)

With the current new system, there is little tax being paid when the assessment year ended.

I understand what you mean. For boss its okay la... But we are all employees nia... working with relatives. We are not boss.

Cherroy,

Im just an employee. All the directors are my relatives, so I ter-use 'we' there. Right now my salary is RM3k and the norm is I pay somewhere less than RM100 if Im not mistaken. But now IRB wants me to pay RM500++ from July till Feb. Make sense to pay RM500++ for RM3k salary?

How do i get the EA form? Don't tell me to get from company. As i am 1 man show, but i am just a worker.
----edit post---- Who issue the EA form? from LHDN oor from company?

Actually the deduction for Books/Magazines are up to RM1000 per year.

The receipt must right BUKU/BOOKS or MAJALAH/MAGAZINES to make it easier for IRB to scan thru.
If you buy from Popular, MPH, Borders, you notice these words written next to the item you bought.

No X-rated books/magazines... Manga/comics is OK.

hasil call me and clarify my income tax problem...
my mistake was:-
claim pc every year..
put medical insurance 3k instead of life insurance
calculated home loan interest extra from the year 2009. i calculated until 2010 march.
pay for mother medical bills 5k but lost the receipt.

they ask for 45% penalty. Can I ask for a waiver? This is the 1st time they call me for the clarification.

Hi,i introduce people to buy land and i stack up the price.. quite high and that is my commission.. example i have gain rm500k then if i use the money buy property will get into trouble? Will income tax come? how to avoid income tax? my current working salary is below 2k.. can i buy property? pls sifu sifu guide me  If i'm in the wrong section Mod Pls move thank you.

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Added on January 25, 2011, 4:39 pmPlease advise

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Added on January 25, 2011, 7:35 pm
They sure come. They will write to you how you get the money (deposit) to buy your property and you need to do a lot of explanation.

After explanation and everything will they still charge me?

Cherroy.

I did find a article at Chartered accountants website here
http://chartered-accountants.com.my/tax_gu...0individual.pdf

It states that

Travelling Expenses which you have incurred on traveling in the course
of performing your duties.Reimbursement for actual expenses is not taxable on you. However, you cannot claim for the
expenses of travelling between your home and place of work

That Place of work is confusing to me because my home is my office and my place of work is normally at Hospitals. So i cant claim for reimbursement for the petrol from my home to the work site?

My answer would be: just the original 12 month + bonus income

PTPTN is just like any expenses which is not tax-exempted.
Get cheap loan and want tax-exemption ah ?

i still not sure what to do yet
when is the date to summit the declaration?

if say i inform irb i close the business down end of 2009 (dec), how? write a letter? no need to fill up the borang b like this?

there is no transcation in the bank acc.... the roc  is up to jan 2011... i until now no go to inform ssm about the closure.......thinking it would just expire since no renew

I have a donation receipt but the name is under my parent name, can i use it?