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 Income Tax Issues

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StupidZ
post Apr 11 2010, 10:19 AM

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I received my year 2008 bonus at Year 2009, may I know for this bonus, is it put under

1. "Pendapatan Tahun Kebelakangan Yang Belum Dilaporkan
Income Of Preceding Years Not Declared"

or

2. Add in to the Bonus->"Dividen" + PCB->"Instalments / Schedular Tax Deductions Paid for 2009 Income" column?

The bonus 2008 had deducted PCB, and it is overpay, I would like to get back the extra amt, but if I put at "Income Of Preceding Years Not Declared", it won't reflect any amount change on my e-filling, only if I declared it as "Dividen"+"Instalments / Schedular Tax Deductions Paid for 2009 Income" column.
StupidZ
post Apr 11 2010, 11:10 AM

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QUOTE(guanteik @ Apr 11 2010, 11:01 AM)
@StupidZ
Since your 2008 bonus payout is at 2009 it would have stated in the 2009 BE/B form. Bonus <> Dividend so don't fill it in that column.
*
1. So for the bonus 2008, it should be filled in which column?
- I check my EA form, the bonus 2008 is listed under "Butiran Pembayaran Tunggakan dan Lain-lain bagi tahun-tahun terdahulu", so does it mean that for BE form filling, I need to filled under column "Pendapatan Tahun Kebelakangan Yang Belum Dilaporkan
Income Of Preceding Years Not Declared" ?

2. If followed above, then how about the extra PCB that I had paid for bonus 2008? where should I filled in this deducted PCB amount?
- Because if I filled in the column "Income Of Preceding Years Not Declared",there is no field for me to fill in the extra PCB that I paid, or should I filled in the total PCB deducted for year 2009?
StupidZ
post Apr 11 2010, 12:01 PM

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QUOTE(taxman @ Apr 11 2010, 11:21 AM)
for your information with effective from y/a 2009.any bonus u received during 2009 should declared as pendapatan pengajian columm regardless whether it is 2008 or 2007.for the pcb part u just need to add together with current pcb.
*
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?

StupidZ
post Apr 11 2010, 10:15 PM

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QUOTE(penangmee @ Apr 11 2010, 02:54 PM)

All bonuses(irrespective for which year) paid in 2009 is treated as employment income for 2009.  Bonus is NOT dividend. Dividend is profit distributed from shares in public or private co's/coops. Declaring in bonus in dividend column is FALSE declaration.
Weird, my EA form from company put my year 2009 first half bonus under the dividend column, so does it mean that if I declared tax, should I follow or just auto add in to my income column?

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