No la. Not happy at all but nothing much I can do about it also.

i think i'm quite emo at this point of time where i watch the money i hardly earned taken away in non proportion to my income increase...
i agree zakat payer got a bit specialty in this but then as middle income earner like me the situation didnt differ much.
my main point is the proportion is not equal at all....

look only happy, but crying inside, hard earn money just taken like that, hoooo realy crazy

i think i just submit my form and get done with it...
not much can i do but wait for this middle of the year and actually we can do somethign guys if you know what i mean...

yes, exactly, already around the corner, but don't know when is the exact, just wait and see

It's normal, when you jump to the next tax band % , first you'll get



Split seconds later, you'll get this



After 1-2 minutes, you'll get back to reality and



For the next few hours/days, you'll be

and/or

Wait till you reach 26% and no where else to deduct/rebate ->

That is why I support GST, and to reduce income tax rate. Tax on your expenses rather than income.

Add-on: That is why in some countries, people choose not to go for higher salary or overtime/extra pay, as that will lift them up the the next scale and the net salary will be lower than current. Die die go back 6pm+, don't want auto-OT payment

If you start to join the 12-15% scale, you are starting to get into the middle income group. Welcome

no wonder the government delay the GST... they want to take as much as possible...
today I've learned new thing, thanks guys.
and don't forget your right, go register for vote if you haven't register yet.
together we aim for a better Malaysia!

It gets much worst when you hit 50k, where you pay 19% of your excess compared to 12% in the previous bracket.

Considering someone on a 3.5k salary can hit it with bonus, its not exactly 'rich' people that's forced to part with 1/5 of their extra income.

Unfortunately until GST is implemented, the government relies on such taxes for income apart from the depleting oil money

This post has been edited by xjeez: Mar 7 2012, 06:45 PM

For 50k-60k p.a. income (without zakat), I recall, net taxable should be around 1.5k-2k+

For 60-80k, about 4-6k
For 80k-100k, about 8k-12k
>100k @26% ... a rough way to calculate tax is net 20% of income (after relief, deductions, etc.).

Start with this first ->

hi, may i ask smt on income tax?

Please be more specific.

im a real estate agent with no basic so i need to fill up wat form for income tax apply borang B or BE?i need a professional advice, because every one tellin me diffrent thing

hi guys, i'm having some doubt here. i have save rm3k for Skim Simpanan Pendidikan in 2009 and have use it for my 2010 income tax as tax relief. i didn't top up after this. can i still use it for this year income tax, 2011 as tax relief?

No U aren't supposed to.
U can only claim tax relief on the amount U ADDED (assuming U didn't take out) for the year.

IF U took out, the tax relief amount U can claim is as per eg.
In 2011
A. Took out $150
B. Then put in $2K
B - A = $1,850 claimable as tax relief

This post has been edited by wongmunkeong: Mar 8 2012, 01:15 PM

Go download ur YA2011 SSPN Tax Statement... you can claim Tax Relief on Dividend received
URL: https://epay.ptptn.gov.my/saving/hasillogin.html

noted. thank you for your details explanation. i have better understanding on this now.


ok. thanks. will do that

Thanks so much

almost done with this year filling

sakit kepala-ing about next year one... huhuhu.. will fall in 19% range =.=

e-BE is for individual salaried worker.

e-B is for individual salaried worker as well, AND/OR also with own business.

Therefore, you fall under e-B form, as your RE is consider as own business (whether part-time income, sole-prop, partnership, sdn bhd).

My wife used to work but for the past 7 year has not been working to take care of our child. Hence for the e-filing, we opt for joint-assessment (spouse no income).

The question:
Does she need to submit e-BE form too? (she has income tax file from previous job long ago).

This is the first time I'm using e-filing, previously I just submitted the BE form for my wife with all "0" in the income column.

This post has been edited by alfianguy: Mar 8 2012, 06:48 PM