and this is my new job, this month is the 2nd times i get the salary, last month was charge 29x too, but my friend told the 1st month of changing job will b charge higher, so i just ignore, but thn this month still charging the same rate.

You may have overpaid by PCB and get refund one year + later...

Check what tax relief you can deduct now, get your HR to give you advice.

are your reg any bank, if yes pls check your bank transaction wheter they hv refund via online

is it june 30 the deadline for filing income tax for sole proprietor ?

property consultant.

July 15th if you use E-Filling. It's now (28-July) too late to ask

You can check your PCB calculation here

http://www.hasil.gov.my/goindex.php?kump=2...1&unit=5&sequ=1

may i know wat is this 'saraan/Manfaat Berupa Barangan (MBB)/Nilai Tempat Kediaman (NTK) terkumpul' field ? my previous job salary?

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

thanks for the links

In order to claim for tax purpose, we need to kept OFFICIAL RECEIPT for many years.

But, many of the RECEIPT I kept a few months ago, the INK already faded out, not able to see the words clearly...

So, what is the purpose of keeping ? Or I should photostat all of my receipts ?? Not economical or environment friendly lo...

Have you heard of scanning a digital copy ?
Even with the digital copy, you still need to keep the original faded copy

scan bro not use lousy phone and snap pic..

SO, I need to scan every receipt ??

So, scan one , its acceptable ? Quite troublesome to me...

Or I can tell the tax officer, document ink faded... Not my problem

Thanks

Hi Sifus

Lets say i personally purchase a machine - backhoe. I wish to rent it out.

How are the rental income taxable?

Thanks.

thanks

You MUST SHOW the receipt with faded ink as supporting (even with scan copy). It's to counter-check.

Declare your income tax, does not mean you need to pay tax.

But if after declare, and you need to pay, it means you need to pay. It's that simple.
By not (1) declaring and (2) paying (if need to), you are liable for non-declaration, tax evasion, etc. which all comes with penalty.

There are two things you can't escape in life: death and taxes.

All receipts/docs need to keep for 7 years.
You can photocopy or scan to keep as proof. But the original faded copy is needed also.

It is on your side to proof the receipts/docs, if you get audited. If you say document ink faded, not your problem, LHDN will say you don't have receipts, hence remove the receipts from deductions + penalty for false/wrong declaration.

You need to do some basic bookeeping. You can treat it as your sole-prop.
Rental minus expenses to repair/fix/service/diesel/etc = nett profit. Add it into your Penggajian/other income.

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.

Any defination of notebook/ultra book?
Hybrid = tablet or ultra?

Definition? Can't find at the moment. I think it is not easy to categorise those IT gadget as technology changes rapidly.