Income Tax Issues v2
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 Apr 25 2012, 11:12 AM
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Senior Member
1,743 posts Joined: Jul 2006 From: Shah Alam   
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mine received exactly 2 weeks after submission..claimed around 2k
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Apr 25 2012, 11:26 AM
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Senior Member
1,286 posts Joined: Jan 2007
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QUOTE(heizad @ Apr 25 2012, 11:12 AM) mine received exactly 2 weeks after submission..claimed around 2k huh...   Anyway, thx for the info. |
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Apr 25 2012, 01:47 PM
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All Stars
21,308 posts Joined: Jan 2003 From: Kuala Lumpur 
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Lanjutan Waktu Operasi Kaunter Bayaran
16-30 April 2012 7.30 Pagi - 6.00 Petang (Isnin - Jumaat) 8.00 Pagi - 6.00 Petang (Sabtu - Ahad)  This post has been edited by ronnie: Apr 25 2012, 02:22 PM |
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Apr 25 2012, 04:08 PM
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All Stars
10,912 posts Joined: Feb 2006
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QUOTE(David83 @ Apr 19 2012, 08:48 AM) If you work at WPI, Johor, you're qualified for it. oh... any special tax treatment for those working in WPI, johor ? |
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Apr 25 2012, 09:04 PM
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All Stars
52,874 posts Joined: Jan 2003
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QUOTE(vin_ann @ Apr 25 2012, 04:08 PM) oh... any special tax treatment for those working in WPI, johor ? Flat tax rate of 15% I think. |
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Apr 25 2012, 09:17 PM
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All Stars
13,474 posts Joined: Jan 2012
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QUOTE(yiyi87 @ Apr 24 2012, 03:48 PM) then why this? From what I read from the Q&A ( I cant provide the address but is official LHDN ), their perspective of broadband is internet with speed at least 384kbps. Therefore is considered broadband. But max RM500 nia lor... where got 68 x 12?Q43. Is the DG Smart Plan™ eligible for the Government's broadband tax relief program? A43. Yes. Individual taxpayers will enjoy tax relief on the DG Smart Plan™ fee (e.g. DG Smart Plan™ 68 = RM68x12). Please contact your tax agent / consultant for advice on the broadband tax relief. very confusing  This post has been edited by andrekua2: Apr 25 2012, 09:18 PM |
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Apr 25 2012, 10:27 PM
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Senior Member
586 posts Joined: Aug 2007
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can i put more in "Medical treatment, special needs and carer expenses for parents (certified by medical practitioner)" ? will they check? currently i only key in RM500, too little is it?
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Apr 25 2012, 10:30 PM
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All Stars
52,874 posts Joined: Jan 2003
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QUOTE(sparrowed @ Apr 25 2012, 10:27 PM) can i put more in "Medical treatment, special needs and carer expenses for parents (certified by medical practitioner)" ? will they check? currently i only key in RM500, too little is it? Do you have receipts to support your claim if being audited later? |
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Apr 25 2012, 10:32 PM
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Senior Member
586 posts Joined: Aug 2007
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QUOTE(David83 @ Apr 25 2012, 10:30 PM) Do you have receipts to support your claim if being audited later? no, coz my parents bought from pharmacies and once a while go check up in clinic. sure threw receipt already. rm500 is safe right? |
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Apr 25 2012, 10:34 PM
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All Stars
52,874 posts Joined: Jan 2003
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QUOTE(sparrowed @ Apr 25 2012, 10:32 PM) no, coz my parents bought from pharmacies and once a while go check up in clinic. sure threw receipt already. rm500 is safe right? That's why I said that you could put whatever figure you prefer as long as you could provide the supporting receipts if and only if you're being audited later. If you fail to provide, you'll be fined for certain penalty. Do you want to take that risk? |
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Apr 25 2012, 10:36 PM
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Senior Member
814 posts Joined: Jan 2003 From: Under the Sun.
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QUOTE(idoblu @ Apr 25 2012, 10:22 AM) Sifus, want to ask this - Interest like FD and savings accounts from Financial Institution is not taxable.under section C as follows - C3 - Income in respect of interest received by individuals resident in HK-5 - Discounts Malaysia from money deposited with the following institutions is tax: Does this means those interest derived from fixed deposit and savings also must declare as income? and under Section D - D13 - Interest on Housing Loan only for S&P signed within 2009 and 2010 my question is, how come this deduction only for certain years? and what is it about? Thanks in advance Interest Housing Loan exemption given at that specific time frame was an initiative by government to boost the local housing market. Remember 2009 there was a global recession? This post has been edited by countdown: Apr 25 2012, 10:36 PM |
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Apr 25 2012, 10:38 PM
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All Stars
11,308 posts Joined: Feb 2008
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Thank you Countdown for the answers. Appreciate that
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Apr 25 2012, 10:38 PM
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Senior Member
586 posts Joined: Aug 2007
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QUOTE(David83 @ Apr 25 2012, 10:34 PM) That's why I said that you could put whatever figure you prefer as long as you could provide the supporting receipts if and only if you're being audited later. If you fail to provide, you'll be fined for certain penalty. Do you want to take that risk? ok ... |
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Apr 26 2012, 11:07 AM
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All Stars
10,912 posts Joined: Feb 2006
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last day for e-filling submission now is extended to 15 May !
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Apr 26 2012, 12:29 PM
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Junior Member
382 posts Joined: Mar 2009
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if a property is under joint name, me and wife, the rental income has to be split evenly or can all put under one person, i.e. my wife since she has lower % ?
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Apr 26 2012, 06:13 PM
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Junior Member
401 posts Joined: Apr 2010
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heard that its for special cases only
QUOTE(vin_ann @ Apr 26 2012, 11:07 AM) last day for e-filling submission now is extended to 15 May ! |
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Apr 26 2012, 11:47 PM
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Senior Member
6,779 posts Joined: Dec 2005 From: Kuala Lumpur
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Can I still claim for old tax relief which I didn't claim on my many previous years? Example books, unit trust and share dividend for many previous years.
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Apr 27 2012, 12:37 AM
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Senior Member
814 posts Joined: Jan 2003 From: Under the Sun.
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QUOTE(ngaisteve1 @ Apr 26 2012, 11:47 PM) Can I still claim for old tax relief which I didn't claim on my many previous years? Example books, unit trust and share dividend for many previous years. Most of Tax relief is per year basis, can't carry forward i.e burnt if not utilized except few. |
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Apr 27 2012, 06:26 AM
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All Stars
18,410 posts Joined: Oct 2010
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QUOTE(ngaisteve1 @ Apr 26 2012, 11:47 PM) Can I still claim for old tax relief which I didn't claim on my many previous years? Example books, unit trust and share dividend for many previous years. UT and share dividends are incomes. If you submit now it means you have undeclared past incomes which might invite fines. So seek expert advice. |
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Apr 27 2012, 07:43 AM
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Staff
2,797 posts Joined: Nov 2007 From: On the beach 
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QUOTE(yeapsc73 @ Apr 26 2012, 12:29 PM) if a property is under joint name, me and wife, the rental income has to be split evenly or can all put under one person, i.e. my wife since she has lower % ? By right should be split evenly. If they check, they might question why put all the income under your wife and not split evenly. |
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