Guys I'm a fresh grad, I only started working late last year so I won't have to file for tax, but I would like to know how the tax is charged.
I've always heard people saying there is no tax for those with monthly income less than RM 2500 monthly / RM 30,000 annually, but I can't seem to find this anywhere in the hasil.gov.my website. Is it true?
Anyway, say I earn RM 30,000 a year. My chargeable income would be something like
= RM 30,000 - 11% EPF - RM 9,000 personal relief - all other tax relief items
Correct? And once I arrive at that amount, I can use the list from http://www.hasil.gov.my/goindex.php?kump=5...it=5000&sequ=11 to see how much I'm going to be taxed. Btw, that list is based on annual income right?
Income Tax Issues
Apr 11 2011, 10:53 PM
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