As far as I know, study loan cannot be considered as a tax relief. But if you paid X amount to the college/uni on your own, then that amount can be used as a tax relief.

Correct me if I am wrong on this.

It's illogical to use study loan to get tax relief, right ?

Govt loan you money to study
You pay back the loan and you want to get tax relief on money you never even forked out :?

For dividend income, the date of payment is the date you receive the dividend. If the date of payment is in 2008, then you should declare as 2--9 income, regardless od the accounting year of the company.

Hey guys,
I am a foreigner who's started working in Malaysia since Jan 2008 on Visit pass. But from August 2008, I started a new contract with an Employment pass. However, during 2008, I have left the country here and there for holiday.

During my working period with the visit pass, I have a consecutive 183 days from jan to June 31st with a week at overseas in March.
Starting from August with the employment pass, I was out of the country for about a month in sept, thus no 183 days (no 183 days anyway country aug to dec)

Now that I have got my tax file papers from my employer.
My question is am I qualified as a tax resident even though I was on a visit pass when I have a consecutive 183 days from the first 6 months?? or can the 183 days only be accumulate from august (with an employment pass)???
It's the same job, but before August it was on an temperary baisis, that's why I was given short term countracts with visit pass visa.

If I am not qualified as a resident in 2008, I heard that there is this scheme that can be done backward, because I am accumulating my 183 days since Jan this year, which ends on June 30th.

How do I do that??? I need to fill in this tax thing before end of April, when I still haven't finished my 183 days yet.




This post has been edited by T_flash: Apr 17 2009, 12:21 AM

suddenly my HR said i have a file.. and it wasnt stated in the EA form or so..

thus, can i ask can i verify w LHDN tat my number is correct? coz i dun think i can trust my hr fully..

btw... i cant find the working hours of LHDN branches on the website.. any ideas?

hey i got a questions here, im malaysian and i worked in malaysia few years ago but currently working in singapore. i got dividend from shares which i bought in malaysia, but not much, that is my only so called "income" in malaysia, do i still need to submit income tax form?

This post has been edited by mo_meng: Apr 17 2009, 10:46 AM

Need your help pls !

1) My basic salary is RM 2,500 plus allowance of RM 500. Penggajian in the EA form shows (RM2,500+RM500)x12=RM36,000. Can I claim for tax relief on the Allowance portion?

2) I am staying with my retired parents. The house is under their names. The quit rent, assessment and maintenance are all paid by me although I don't have to pay rental. Am I entitled to claim for tax relief under Sewa portion ?

submit and pay no tax, i think this may be the last year. after this, we no longer need to file dividen in personal income tax, its all taken care at corp level ...

For sdn bhd company, do they have to be taxed 30% of their profit? Anyone know in detail how gov tax a sdn bhd company?

revenue - expense = profit, pay tax ( i think this year 27% ? )

---

Added on April 17, 2009, 11:22 amallowance is income, no relief. u relieve from other sources.

i promote usetax saya to help u optimize ur tax

This post has been edited by mtsen: Apr 17 2009, 11:22 AM

i didn't receive any form requires for me to submit the income tax coz i not working in malaysia anymore
some more the div receive suppose to be TE tax exempted or already tax deducted so it is illegal for me to not submit the form?

LHDN Working Hours

Just provide your MyKad to LHDN to verify/get your file number.

It is like making U-Turn at a junction without any U-Turn sign. It can be legal/illegal.
However, it is a duty to declare any INCOME

thanks for the info, another questions, eg. div from shares, the date is actually count on when they pay, ex-date, or count on when you receive the chk?
e.g. x-date on 30-dec-2007 payment on 30-jan-2008
this belongs to 2007 or 2008 income?

1) Your EA should show Salary : RM30,000 (RM2,500 x 12). Section G would show the RM6000 (RM500x12)
You don't get tax relief but your declare a lower income of RM30,000 (instead of RM36,000)

2) Sewa portion if you have a house which you rent to other people for income. In your case, it doesn't apply to you.

Under Year Assessment 2007

it should be RM35000, if your net taxable income is below RM35000, you will be able to receive tax relief of RM350.
please correct me if i am wrong.

Ain't RM30,000 lower than RM35,000 ?
How do you get RM35,000 ?
RM350 is known as Tax Rebate not Tax Relief.... Tax Rebate is to reduce the total payable tax.

ops, my bad. ya. what u say is correct. if total net taxable income is below RM35000, you will get tax rebate of RM350 from the total tax that u need to pay.

Sorry for the mistake.

really compulsory? i asked my sister and my friends, all of them only received EA form, no other extra stuff.

I recently got a letter from LHDN. I think they are processing my refund for Year 2005 even though I never asked for it(yet).
Bad thing is, in the letter they ask me to provide EA form and the PCB(II) receipts - for confirmation purposes.

now, obviously i have the EA 2005 form but my ex-company didn't give anything else.
So I must go back to the company to get the PCB statements?
I think the PCB matter should be between LHDN and employers. It appears LHDN trying to push some work to me.

This post has been edited by socratesman: Apr 17 2009, 09:32 PM

It is the employer responsibility to produce PCB(II).
A lots of employer LAZY, because it is very tedious if you do it manually.

It is IRB procedure to get PCB(II) confirmation before paying the refund because 99.9% IRB ledger does not telly
with the PCB instalment in your EA form or tax return i.e Form BE, B or M. So they want to know where is the balance
being posted to.

As simple as this.