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 Income Tax Issues v2

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penangmee
post Apr 21 2013, 03:21 PM

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QUOTE(fahrur_07 @ Apr 21 2013, 03:10 PM)
why only from 10 Mac 2009 to 31 Dis 2010?
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Why allow deduction?
penangmee
post Apr 25 2013, 11:18 PM

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QUOTE(deity01 @ Apr 25 2013, 07:06 AM)
need help here...
does anyone know how's the child deduction works?
I hv a child, new born baby, so I can claim 1 under 18 child 100% tax relief? or both me n my wife can claim 100%? or 50% each? or either 1 of me or my wife can claim 100% only?
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QUOTE(ronnie @ Apr 25 2013, 08:34 AM)
Either 50% - 50%
OR
One parent selects 100%

Best option: Put 100% Child Tax Relief to the person who get TAXED higher
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Only one parent can claim.

50%-50% option is for DIVORCED couples.
penangmee
post May 1 2013, 12:06 AM

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QUOTE(meme00 @ Apr 30 2013, 11:35 PM)
Hi all,

Wanted to check if travel allowance for my travel between home to office is still tax free (up to RM2400)?
If yes, does it mean my HR has to declare it under Section G in EA form? Or how should they go about it?

Thank you.
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QUOTE(CKJMark @ Apr 30 2013, 11:40 PM)
I can't remember the amount of the exemption but yes it is in effect.  You should see it lumped under "non-taxable/tax exempt perquisites" in your EA
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RM 2400 exemption for travelling allowances from house to work no longer in force for YA 2012.
penangmee
post Jul 28 2013, 11:56 PM

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QUOTE(ragk @ Jul 26 2013, 02:33 PM)
my salary is 3700, but my employee tax charged is 291+ per month, is this normal? my sis salary is much higher thn me but also dint charge as higher as me
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You can check your PCB calculation here

http://www.hasil.gov.my/goindex.php?kump=2...1&unit=5&sequ=1
penangmee
post Jul 30 2013, 12:25 AM

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QUOTE(ragk @ Jul 29 2013, 10:49 AM)
may i know wat is this 'saraan/Manfaat Berupa Barangan (MBB)/Nilai Tempat Kediaman (NTK) terkumpul' field ? my previous job salary?
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More homework

http://www.hasil.gov.my/pdf/pdfam/Nota_Pen...an_BE2012_1.pdf

http://www.hasil.gov.my/pdf/pdfam/KU3_2013.pdf

http://www.hasil.gov.my/pdf/pdfam/KU_NO_2_2013.pdf
penangmee
post Aug 2 2013, 02:31 PM

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QUOTE(fastrax @ Aug 2 2013, 01:51 PM)
Sharing this info.

The Ministry of Finance via a letter dated 20th March 2013 has decided that an individual is eligible for personal tax deduction for the purchase of a personal computer under paragraph 46(1)(j) Income Tax Act 1967, which is a desktop computer, a laptop computer, Notebook and Ultrabook not used for the purpose of a business.

Therefore, the eligibility of tax deduction allowed does not include purchase of other gadgets that are able to perform functions similar to a computer for example tablet and handphone.

As a concession any claim for deduction other than a desk top computer, a laptop computer, Notebook and Ultrabook which has been made until Year Of Assessment 2012 will not be withdrawn. The above tax treatment for deduction is effective from Year Of Assessment 2013 onwards.
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Any defination of notebook/ultra book?
Hybrid = tablet or ultra?
penangmee
post Oct 27 2013, 05:02 PM

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QUOTE(suncrescent @ Oct 27 2013, 12:31 PM)
I just paid for LASIK surgeries, can it be considered as tax relief under medication?
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LASIK does not even come close to fulfilling conditions considered serious illness
http://www.hasil.gov.my/pdf/pdfam/PENYAKITSERIUS.pdf

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