Monthly income less than 2K will not be subject to tax.

If your are working for a company, normally your HR will compute STD based on your salary level. If you notice there is deduction for tax from your monthly salary, that's mean your HR would have apply a tax file for you and the tax deducted are contributed to your tax account. When come to year end, your HR will issue you an EA form, whereby you will note how much is your total salary in that particular year and tax deducted under the STD scheme. Use the information in EA form and complete the Borang B (easier if your could register for e-filing). The form is computerised and auto calculate tax payable, if any.

This post has been edited by fastrax: Jul 25 2013, 12:54 AM

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top computer, a laptop computer, Notebook and Ultrabook which has been made until Year Of Assessment 2012 will not be withdrawn.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.

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

I hope you don't mind if I point out this. 2014 onwards, all companies would be on single tier system and as such, there will be no tax deducted from the dividend paid by companies. Shareholder will receive 100% of the dividend (no tax deducted), so there is no issue on whether tax on dividend is burnt or not