Thanks. Lucky I ask first. Hehe.

Whew , just called up LHDN and asked them about the "ketetapan umum dipatuhi". They said suppose to tick yes, if but forgot to tick never mind. As long as you follow the rules .. no need to worry they said like that...

Basically the Ketetapan Umum is similar to Terms & conditions for Income Tax. You must understand it to prepare the Income Tax form.

hey guys,
trying to do e filling just now but i'm stuck middle of way..

1) In my EA form Item G: Jumlah elaun/perkuisit/pemberian/manfaat yg dikecualikan cukai... RM xxxxx but I dunno where to fill in the e-be form???

2) I have made a donation to a Spastik Home. In the receipt it written dikecualikan daripada cukai pendapatan. I also dunno where should fill in.

Anyone can help???

This post has been edited by jusTinMM: Apr 23 2009, 05:27 PM

Need some help here!

My employment personal income last year is RM60k (after deducting everything).
I've setup another company (partnership) and made up of profit income RM60k (after deducting expenses).Me and my partner never take out any money from this amount RM60k.
So how do i declare my earning through my own company? Is it equally 50%-50% sharing?

Q1 =
no need to declare in e-BE because those are exempted income

Q2 =
below your Pendapatan Aggregat/Aggregate Income, you will see "TOLAK: Derma dan Hadiah/LESS :Donations and Gifts" then press klik di sini/click here, put your amount into Hadiah wang kepada institusi atau organisasi diluluskan/Gift of money to approved institutions or organisations




partnership business fills in Form P & yourself should fill in Form B or e-B
In your e-B, Partnership income is 30k due to 2 partners sharing 60k, employment income is 60k = 90k total income then deduct your reliefs bla bla bla

about the 30k that you never took out from the partnership, even though you never draw those money but the P&L Account shows that your partnership is having profit, just a matter of when can you get the money

This post has been edited by nothingz: Apr 23 2009, 07:23 PM

saw in the magazine Personal Money today, homeloan interest can be used as relief.. which part should i put tat information during e-filing??

I thot this applies to Year Assessment 2009 ? as it's announce in the 2009 Mini Budget

Profit sharing is determined by the partnership itself. Normally it is split based on the capital that each have contributed but not necessary so. So long as you guys agree on the cut, it is acceptable. Partnership is also not a company and also not a chargeable entity.

All partnership income is taxed at the partner level, meaning at your personal income tax comp (File using Form B). So say, the "profit" is RM60k shared equally, you will be tax at RM30k for your partnership income.

So, in your tax comp, business (partnership) income 30k + employment income 60k = 90k aggregate income assuming no source of income.

Hope this helps.

This post has been edited by legiwei: Apr 24 2009, 01:15 AM

wuu, just read newspaper, now all freelancers, whether your main job or part time job, home job, whatever rojak job, needa pay tax, as in form B. wonder who'd care so much since how can they(govern) really digging out what have we all done

i just read the budget book 2009, got such clause? or it was announced in the mini budget?

all these while also have to report to the income tax, just some people don't bother to file in only

thanks Nothingz for ur reply... now i know dy...
another query...
i rent a room in kl.. I got back the rental receipt every month from the owner...can the rental used as a relief????

This post has been edited by jusTinMM: Apr 24 2009, 08:50 AM

cannot

SEWA portion is for rental you RECEIVED. Not paid lah
If everyone who pay rental sure will get tax relief, right ?

rental received would be subjected to income tax

however, rental paid would be deductible only if you are renting that premise to run your business. that means the expenses is set off against the business income

wanna ask sifus here. about the personal non business submission. if got receive dividend, but it is not taxable, should i declare it?

tax exempt or single tier dividends no need to declare

income tax office will be open from 8.00am to 8.30pm(penang branch).this weekend also open from 9.00a.m to 5.30pm
so hurry do your responsibility to declare ur tax...i suggest using e-filling...

Is distributions from property reits treated like ordinary dividends of shares ie get taxed at individual tax bracket & get Section 110 set off? or is the 15% with holding tax the final tax that unitholders don't need to declare? The tax officer treated it like ordinary dividends.

dont worry they all ada save ur submission form.just go to lhdn kaunter and ask about ur 2005/2006 submission..sure they can help liao.nak call pun boleh maa...just call ur lhdn branch which ur file has been keeped.