Yes, need to declare it.

The withholding tax is a final tax. Individuals and non-corporate investors are not required to declare REIT dividend income in their tax filing/returns. As such, you are not allowed to claim tax refund or tax offset in your tax returns, as opposed to other dividend income (provided you are receiving taxable dividend or non single tier dividend from your share investments). However, REIT dividends which attracts only 10% in the hand of unitholders, which is more tax beneficiary to those higher income earners whose tax brackets could be higher than 10%, up to a maximum of 27%.

Hi, im fresh grad just come out to working world. Currently, im doing self-study on income tax stuff so that I wont struggle later when i need to declare my tax. wanna ask, is paying back ptptn loan for degree education tax deductable?

hi experts, need some advice and directions. I got my tax refund mid of this year, however today I received a letter from lhdn stating that I am audited and to produce the relevant receipts. I am puzzled at this. my computer claim is somewhat fake and my first payment for internet line was only due in Jan 2011. can I still produce this receipt? how can I go about this? why am I audited only after receiving my tax return?

the computer receipt is genuine except I used a friends member card for discount where his name is printed on the receipt from Harvey Norman. as for broadband I only started using in Dec 2010. that I actually submit for full tax relief

Anyone can provide step by step guide to submit income tax?

Thanks for the help.

Need some advise on this
"Perbelanjaan Perubatan Ibu Bapa : 5,000 (Terhad)"

Does this include buying medicine for mom in law? I need to buy some meds (buying 1 year supply at one go) costing about RM2~2.5k from hospital. If I get the resit opened under my name can I claim as my parents medication cost?

If there is a link to read up on this I woudl appreciate it thanks!

Hi all.
I already many times read about income tax.
http://www.hasil.org.my/goindex.php?lgv=2&chg=1
Actually I'm not understand.
This year already RM150 pcb from my salary.

The problem is, I always not enough money.
Because everything we buy give the profit to government.
Let said car, yearly need to pay insurance and road tax.
Loans include the interest 2-4% depends on the loans itself.
Buying house also same.

This years some expenses increase;-
1. Petrol
2. Electricity
3. Communication
4. Broadband (6%)

I fell very bad and burden.

Hmm, Does this mean I can't take 2009,2010, and 2011 receipts for PC component purchase and claim 1 time? I can only purchase everything (max 3k claim) within a year and claim them?

Need advise.

Let say in 2010 I bought a PC and claim for tax relief of rm3000. Can I sell it off a few months later say in 2010 or 2011?

@ronnie
Thanks, now I had to wait next year to do 3k purchase, LOL.

Upgrading parts(e.g. processor, graphic card, motherboard) can be claimed right? As long as it goes into a "Complete Computer"

If I buy a notebook (rm2400) with extras (cost rm600) like:
- 4GB RAM upgrade
- MS-Office Home
- wireless keyboard/mouse
- Wireless router (to replace UNIFI router)
- wireless headphone with mic

Can I claim a relief of rm2400 or rm3000?
Or only some of the extras can claim the relief.

@ronnie
Thanks, now I had to wait next year to do 3k purchase, LOL.

Upgrading parts(e.g. processor, graphic card, motherboard) can be claimed right? As long as it goes into a "Complete Computer"

Bought a running shoes from Nike today while they have clearance around RM300,

Can I assume RPGT rules apply on residence properties??? and sometimes I could find there are ppl who could buy and sell the house property within short frame like 1 or 2 months without paying for RPGT...how they do that?

Hi. Got a couple of questions to ask here regarding my taxes for last yr. i was working at company A for 8 months of questions2011, then joined company B for the rest of the year. while in my previous company they regularly deducted my tax monthly. After joining the new place, i did not have any deductions in 2011. Now i'd like to know the following

a) from whom do.i get my ea form for last year, company A or B. Or both ?

I have submitted in the past, parent's pharmacy bills (from pharmacy inside hospital, as well as prescription medication from non-hospital pharmacies).

Hi all, I just started work last year and my job tenure hasn't reached 1 year yet. Do I still need to report for income tax as well? My annual income is not more than the stipulated taxable annual income.

Anyone mind telling me the procedures here? Thanks!

Thanks Traveler. Not only I heard about medical bills, but also nutritious food like bird's nest can be submitted for claims as well - basically anything related to parents. Anyone can correct me, do let me know.

Hi There

for PC tax relief of 3k, say in 2011 i bought a cpu for rm1500 and instead of having a pc monitor, i've plugged in my pc to my tv set which i use as my monitor.

is my tv set deductivle as well if i bought it for rm1000?