Even his wife is working also can file joint assessment, provided that joint assessment will give tax savings. This is called tax planning

For loan instalment, only the interest portion is deductible

Yes, the best is you can prove that you paid for the medical fees. Such as credit card receipt

Shipping should not be included in the claim

IRB has a table of foreign exchange rate. Go search at their website. Not sure if they have updated 2012 rates

follow personal income tax rates, step up max at 26%

IRB may send you CP500 to pay in every odd month or you may apply to pay on every odd month. most likely you will only pay on the odd month basis if they send you CP500. Else you will pay in full after you filed in your tax assessment (Form B)

online payment or pay using bank slips (Cash/cheque) at major banks (MBB, PBB, CIMB etc)

it depends, salary workers have EPF contribution. They have to pay tax when they have around RM30k income pa.

For business owners, annual net profit may not be tax profit, it is difficult to judge. Therefore you need to work out the tax computation in order to know whether you need to pay tax. If you are taxable, you need to apply the income tax number yourself or go through tax agent. For tax purpose, if you are making loses, the tax losses can be carried forward. that's why most of the business owners will apply for tax file number

you read your form, there is an OG number there, that's your tax file number

smartphone can make calls out are not qualified for the computer rebate. tablets that cannot directly make calls out are qualified for the personal computer relief. such as Ipad, i think all ipads cannot make call out unless through data plan/wifi.

you want rebate then go for the RM200 rebate promo package

Now is Self Assessment System, you need to declare tax on your own. If they open file for you instead then it is not a good news for you

Bring your photocopy ic, business registration and last year's accounts should be sufficient

it is better that you can list down your overseas trips ultimately can convert into your sales or purchases. else IRB will say those are not for business purpose

they will process. if you are taxable, they will penalise you for late filing and maybe late payment of tax

you mean tax refund? wait first although some already received their refund

depends on how complicated is your tax return, claims involved etc

borang b is the form they are asking for

last time they called it Borang J, now it is Borang B for your case

This post has been edited by nothingz: Jun 26 2013, 07:42 PM