I did, what do u want to know?

yea if no receipt for some items, any penalty?

Can't help u on that, as I have all the supporting documents.

What is the progress of PRS offer? rm3k tax relief

They can penalty + fine you for wrong/false declaration.
No receipt = cannot put it as deduction.

Otherwise, I also claim relief I have 8 children. Ohh... tapi tak ada surat beranak. Mana ? Ohh... kasi nenek bela dekat China/India/Indonesia/Lain-lain (potong mana yang tidak berkenaan).

I filed for pin application for e-filing since June 20+.
Until now not yet receive.
I understand the deadline is 15th July (incentive for e-filing).

What are the consequences for business owners to not declare their tax.. Tax is around 11% ryte, with the 11% I can buy many things. How much is the fine and jail sentence? Please enlighten, thanks forumers..

Please take initiative to email/call LHDN and ask.

This is not my site. Just grab from google search since LHDN/Hasil website seems like down.

Be prepared for long coffee session if get audited

Dig some old news.

Hi ,

Im new to tax stuff.
I would like to know from the tax chart, let says monthly income is rm2500, the tax i have to pay is rm10 per month or per year?

If Im doing my own business without registering less than a year, do I need to submit tax form now? before the due date? or can submit next year. planning to get hire purchase loan now.

some confuse in the deduction, the amount of deduction for every list of categories is per annual or per month?
can those groceries and house rental being used for deduction too?

Thank you.

Still got time, before 16th july 2012 is the last date to submit and to pay. So just register and fillup the form. Its quite straight forward provided you have read the Nota Penerangan. Groceries, is it for your business? House rental, are doing your business feom ur house? Did uou register ur house as ur company address in the SSM? If yes then u can. Whatever expenses for the business can be deducted from your income. Please be honest and dont deduct for something you are not sure.

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Added on July 15, 2012, 2:41 amDont play2 with LHDN. Once you kena audit, then only you feel the pain.

This post has been edited by castelloz: Jul 15 2012, 02:41 AM

Thanks for the advise.
May I know how to calculate?
As mention I didn't register yet, and start business lesser few months.

I though like own expenses can be deducted too? Such as food, groceries, and shopping.

Hi all,
I started blogging when I was still in college, few years ago (2008 to be exact) I have reached the level where I need to submit income tax, however I thought that foreign income is not taxable, so I just ignore it. Later I found out from this blog post (http://www.liewcf.com/malaysians-your-blogging-income-is-taxable-4216/) that I had to submit it, but by that time it has already been few years later.

Contradict to most people, I have a record of all the expenses because the web hosting company made an invoice every time when I made the payment, all I have to do is just login to my account & I can print them out. However, I do not have my income in RM as I receive my income via Western Union & I have thrown the withdrawal form copies away, all I left is just the statement of earnings in USD (Which can be found in my Adsense account).

So my question would be :
1. How can I write down the amount of income I received throughout all these years if I do not have the copies? Do I have to print out every single one of them from bank starting from year 2008?

2. Do I have to apply for sole proprietorship and file it under Borang B?

3. If I have no experience in filling up the income tax forms, do I need to go & find accounting firm & ask them to do it for me? What is this service called? Tax consultation service?

Thanks,
Adana

Hi,

I'm new to it.... My parents own a small company and my monthly paid is Rm2400 and occasionally allowance is Rm600, do I need to have a income tax account? Also my brother are receiving wages from the company, does he have to open income tax account also?

Thank you for advise...

hi...

your annual income have hit threshold of RM24,xxx as mention in income tax act where the chargeable person need to declare income to IRB.

The annual income is it before all deduction (eg. EPF)?

yes..gross income..because there will be a section where u need to put your epf deduction...

Thank for your reply.... I wanted to ask if my younger brother are taking wages from our company, does he entitle for the income tax also..... his gross annual income got exceed rm24,000.....

perhaps you can check LHDN site for more info on tax or perhaps call the directly

my mistake on previous comment. some updates from LHDN website:



http://www.hasil.gov.my/goindex.php?kump=5...nit=5000&sequ=2

If according the new rate/amount of the income tax for year 2010..... It mean i only taxable if my average monthly income is rm2480 before epf deduction..... So it mean I earn less than that, I not no need open a income tax file.... If I wanted to open income tax file also can right?