Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed
128 Pages « < 41 42 43 44 45 > » Bottom

Outline · [ Standard ] · Linear+

 Income Tax Issues v2

views
     
Izac Yeoh
post Mar 27 2012, 03:26 PM

New Member
*
Junior Member
26 posts

Joined: Mar 2012
QUOTE(lizz8827 @ Mar 27 2012, 04:16 PM)
I need some tax advise too...

My medical reimbrusement RM 90.00 also counted together as tax deduction with my salary for March 2012. How come?

I have to pay extra tax for that RM90.00.

My company did the deduction automatically.... Sad!!! cry.gif
*
remember to check your EA form next year.
kclim888
post Mar 27 2012, 09:46 PM

New Member
*
Newbie
3 posts

Joined: Mar 2012
[quote=Izac Yeoh,Mar 26 2012, 05:29 PM]
Unfortunately, no. Sport equipment eligible for relief are those with short life span such as shuttercock.

Just wondering: Can in-line skates be considered sports equipment?
penangmee
post Mar 27 2012, 10:55 PM

On my way
****
Senior Member
633 posts

Joined: Jan 2006
QUOTE(Izac Yeoh @ Mar 26 2012, 05:29 PM)
Unfortunately, no. Sport equipment eligible for relief are those with short life span such as shuttercock.

QUOTE(Izac Yeoh @ Mar 27 2012, 12:19 PM)
For those have long life span, yes, you cannot claim.
Guide in the LHDN DOES NOT EXclude equipment with long life span but intentionly INCLUDES those with short life span.

Source

http://www.hasil.gov.my/pdf/pdfam/Explanat...es_BE2011_2.pdf

D11 PURCHASE OF
SPORTS EQUIPMENT
An amount limited to a maximum of RM300 is deductible in respect
of expenses expended by the individual for the purchase of sports
equipment for any sports activity as defined under the Sports
Development Act 1997. Sports equipment includes equipment with
short lifespan e.g. golf balls and shuttlecocks but excluding sports
attire, e.g. swimsuits and sports shoes. Paragraph 46(1)(l)
idunnolol
post Mar 27 2012, 11:35 PM

Regular
******
Senior Member
1,044 posts

Joined: Jun 2008
Hi Guys, Couple of question here

My mom was admitted to hospital last year and paid 23k for the fee, 22K was covered by insurance while balance 1 k have to pay myself.

Can i claim the 1K as relief for parents
mobio.dev
post Mar 27 2012, 11:48 PM

Casual
***
Junior Member
401 posts

Joined: Apr 2010
of course can, since it is medical treatment, the bill must under your mom, but some say should your name,

QUOTE(idunnolol @ Mar 27 2012, 11:35 PM)
Hi Guys, Couple of question here

My mom was admitted to hospital last year and paid 23k for the fee, 22K was covered by insurance while balance 1 k have to pay myself.

Can i claim the 1K as relief for parents
*
Added on March 27, 2012, 11:51 pm

This post has been edited by mobio.dev: Mar 27 2012, 11:52 PM
countdown
post Mar 28 2012, 12:32 AM

Enthusiast
*****
Senior Member
814 posts

Joined: Jan 2003
From: Under the Sun.
QUOTE(lizz8827 @ Mar 27 2012, 03:16 PM)
I need some tax advise too...

My medical reimbrusement RM 90.00 also counted together as tax deduction with my salary for March 2012. How come?

I have to pay extra tax for that RM90.00.

My company did the deduction automatically.... Sad!!! cry.gif
*
Assuming u r the employee of your company, medical reimbursement is a non-taxable "Benefits-In-Kind" for employee, kindly double check with your HR. Your company has nothing to lose as this medical reimbursement is also tax deductible for their business expenses smile.gif.
ronnie
post Mar 28 2012, 02:14 PM

Not enough stars
*********
All Stars
21,308 posts

Joined: Jan 2003
From: Kuala Lumpur
QUOTE(lizz8827 @ Mar 27 2012, 03:16 PM)
I need some tax advise too...

My medical reimbrusement RM 90.00 also counted together as tax deduction with my salary for March 2012. How come?

I have to pay extra tax for that RM90.00.

My company did the deduction automatically.... Sad!!! cry.gif
*
How sure are you on tax-deduction on the Medical Re-imbursement ?
cute_boboi
post Mar 28 2012, 03:50 PM

° 忍 °
*******
Senior Member
6,462 posts

Joined: Nov 2004
From: [Latitude-N3°9'25"] [Longitude-E101°42'45"]
QUOTE(kclim888 @ Mar 27 2012, 09:46 PM)
Just wondering: Can in-line skates be considered sports equipment?
*
in-line skates is unclear. Ice-skating can.
Bear in mind, not all items under the category are allowed. e.g. Sport Shoes are not allowed. But in-line/ice-skating shoes are very obvious for sports here. You can't use it to walk around shopping mall or go wet-market.

It is better to email LHDN for confirmation.

QUOTE
Sports Development Act 1976
First Schedule, Section Two

The following activities are regarded as sports for the purposes of this Act:
» Click to show Spoiler - click again to hide... «


This post has been edited by cute_boboi: Mar 28 2012, 03:50 PM
ysseow
post Mar 28 2012, 09:22 PM

New Member
*
Junior Member
47 posts

Joined: Sep 2004
Hi all, i received my refund today but it was RM500 lesser than what i am suppose to get. Do you think i should contact the collection department? will they audit all my previous tax submission as i have lost some of my receipts ?
desmond_fantasy
post Mar 28 2012, 10:05 PM

On my way
****
Senior Member
527 posts

Joined: Jul 2008
how to get back my refunds? they say the money 'akan disimpan dalam akaun' and cannot refund....how come and i dont understand what they mean....thx
renjiv2
post Mar 28 2012, 10:39 PM

Getting Started
**
Junior Member
104 posts

Joined: May 2009
may i ask e-BE, section 3 -Pendapatan Tahun Kebelakangan- is for filling wat? thx
mobio.dev
post Mar 28 2012, 10:53 PM

Casual
***
Junior Member
401 posts

Joined: Apr 2010
if you forgot to declare your income in the previous year, you can declare here,

QUOTE(renjiv2 @ Mar 28 2012, 10:39 PM)
may i ask e-BE, section 3 -Pendapatan Tahun Kebelakangan- is for filling wat? thx
*
renjiv2
post Mar 28 2012, 10:54 PM

Getting Started
**
Junior Member
104 posts

Joined: May 2009
QUOTE(mobio.dev @ Mar 28 2012, 10:53 PM)
if you forgot to declare your income in the previous year, you can declare here,
*
ok, thx
mobio.dev
post Mar 28 2012, 11:01 PM

Casual
***
Junior Member
401 posts

Joined: Apr 2010
its because the amount to refund is to small where the cost to refund is sufficient, so they keep in your income tax account, when you do the filing next year, this amount will be contra for your future tax payment

QUOTE(desmond_fantasy @ Mar 28 2012, 10:05 PM)
how to get back my refunds? they say the money 'akan disimpan dalam akaun' and cannot refund....how come and i dont understand what they mean....thx
*
viper88
post Mar 28 2012, 11:04 PM

Look at all my stars!!
*******
Senior Member
2,359 posts

Joined: Apr 2006
I've submitted via e-filling last Sat.. have overpaid by 1K+ abit.. now waiting for my refund.. brows.gif
techie.opinion
post Mar 28 2012, 11:09 PM

On my way
****
Senior Member
661 posts

Joined: Feb 2007
Should we put the total amount of the internet billing charges paid monthly every year? Max is RM500 only.
mobio.dev
post Mar 28 2012, 11:57 PM

Casual
***
Junior Member
401 posts

Joined: Apr 2010
the max claim for broadband is 500 per year, only for year 2010,2011,2012,

QUOTE(techie.opinion @ Mar 28 2012, 11:09 PM)
Should we put the total amount of the internet billing charges paid monthly every year? Max is RM500 only.
*
ronnie
post Mar 29 2012, 12:12 AM

Not enough stars
*********
All Stars
21,308 posts

Joined: Jan 2003
From: Kuala Lumpur
QUOTE(ysseow @ Mar 28 2012, 09:22 PM)
Hi all, i received my refund today but it was RM500 lesser than what i am suppose to get. Do you think i should contact the collection department? will they audit all my previous tax submission as i have lost some of my receipts ?
*
Better not tell them that you got less... check the e-lejar on how they derive the figure.
MGM
post Mar 29 2012, 09:10 AM

10k Club
********
All Stars
18,411 posts

Joined: Oct 2010
Bingo!!! received a letter from HASIL to submit all 2010 documents for audit within 30 days. Need to photocopy all document for safekeeping and send them the original by courier or by hand, no interview.
Wonder how long they will keep the original, some of which has already turn blurr due to thermal-paper bill ? Hope they are accepted. In future must make copies or scan into computer before they turn illegible. Never know they will call up to audit earlier assessment.
rayfoo
post Mar 29 2012, 08:07 PM

Look at all my stars!!
*******
Senior Member
2,562 posts

Joined: Jan 2003
received my refund via direct deposit to cimb account last Monday smile.gif
« Next Oldest · Finance, Business and Investment House · Next Newest »
 

128 Pages « < 41 42 43 44 45 > » Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
 0.0343sec    0.42    6 queries    GZIP Disabled
Time is now: 7th December 2025 - 01:00 PM
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Removal Request
Powered by Invision Power Board © 2025  IPS, Inc.