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 Income Tax Issues v3, Anything related to Personal Income Tax

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SUSDavid83
post Dec 31 2014, 03:02 PM

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doh.gifO+Dec 31 2014, 02:34 PM-->
QUOTE(doh.gifO @ Dec 31 2014, 02:34 PM)
Thanks david. so late....  cry.gif
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Start date: March 1st
End date: April 30th
Extension (sometime): May 15th

This post has been edited by David83: Dec 31 2014, 07:59 PM
SUSDavid83
post Dec 31 2014, 07:59 PM

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QUOTE(supersound @ Dec 31 2014, 07:36 PM)
Start 1st March end on 30th April.
Sure is end on April fool?
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Typo due typed too fast. Corrected!
SUSDavid83
post Jan 1 2015, 06:46 AM

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doh.gifO+Dec 31 2014, 08:56 PM-->
QUOTE(doh.gifO @ Dec 31 2014, 08:56 PM)
can submit earlier o not? wanna loan leh, last year tak boleh pakai blink.gif
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Any particular reason why last year BE form cannot be used?

Even EA form/statement won't be ready till next month.
SUSDavid83
post Jan 1 2015, 01:28 PM

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QUOTE(Pken @ Jan 1 2015, 12:47 PM)
On medical expenses for parents, i got the quote from ACCA site.  How about having the sharing with my spouse to reduce the household tax?  Is that ok to do?  Or only legal for the next kin to claim the RM5000 column?  We paid ~RM30k for the medical expenses while I am the only child in family.
"Example 1
Mr Campbell, a father of 12 children, undergoes a major operation costing
RM60,000 and the medical bill is paid by his eldest son. Here the son can
only claim a maximum of RM5,000.
However, if the 12 children paid the medical bill and receipts are issued
accordingly, they can all claim RM5,000 each and obtain relief for the full
medical cost."
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If I'm not mistaken, it must have direct relationship.

Similarly, you can't claim medical expenses of your in-laws even though you did contribute for it.

Just my two cents.
SUSDavid83
post Jan 12 2015, 10:44 PM

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QUOTE(Pain4UrsinZ @ Jan 12 2015, 09:05 PM)
Hallo guys, i Started working on last year August.

my annual income should from which month to?

it is individual tax.

something i don't understand.

Self and Dependent - RM 9,000 ; confirm Rm9,000 deduction or have calculation ?
Life insurance and EPF - RM 6,000 ; deduction is as per receipt or any package or amount you still get RM3,000 relief ? what if i bought Life+Health single package
Insurance premium for education or medical benefit - RM 3,000 ; deduction is as per receipt or any package or amount you still get RM3,000 relief ?
Purchase of books, journals, magazines and publications - RM 1,000 ; Recently bought a 3 years subscription RM 1,800 ; how to fill this ? RM 900 + RM 900 as told by the salesman?
Complete medical examination - RM500 ; also as per receipt ?
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my annual income should from which month to?
Full calendar year: January 2014 to December 2014 for YA 2014

Self and Dependent - RM 9,000 ; confirm Rm9,000 deduction or have calculation ?
Fixed in the e-BE.

Life insurance and EPF - RM 6,000 ; deduction is as per receipt or any package or amount you still get RM3,000 relief ? what if i bought Life+Health single package
Refer to your annual statement from your insurance provider. It will state how many percentage goes to Life and how many percentage goes to Medical. You claim based on the proportion in the allotted annual premium.

Insurance premium for education or medical benefit - RM 3,000 ; deduction is as per receipt or any package or amount you still get RM3,000 relief ?
Similar to above in Life insurance and EPF. Refer to your annual statement from your insurance provider

Purchase of books, journals, magazines and publications - RM 1,000 ; Recently bought a 3 years subscription RM 1,800 ; how to fill this ? RM 900 + RM 900 as told by the salesman?
As long as you have the receipt of proof for justification. You can average it as per salesman. You need to keep this particular receipt for 7 years from the most recent you submitted for relief. For instance, date of receipt in 2014 but submitted for YA 2014, YA 2015 and YA 2016. You need to keep this receipt from 2017 + 7 years == 2024

Complete medical examination - RM500 ; also as per receipt ?
Yes. You need receipt to claim. Receipt must be under your name.
SUSDavid83
post Jan 13 2015, 07:41 AM

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QUOTE(Pain4UrsinZ @ Jan 13 2015, 12:11 AM)
so if from government sector, start working from august monthly Rm5,000
YA 2014 income is RM25,000 no need to pay any tax ? or it will carry forward to YA 2015?
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No carrying forward.

YA 2014: January 2014 to December 2014
YA 2015: January 2015 to December 2015

Do note that even though your annual income may not reach the taxable level but you still need to file it. Filing and paying income tax are two separate matters.
SUSDavid83
post Jan 14 2015, 07:30 PM

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QUOTE(Pain4UrsinZ @ Jan 14 2015, 06:44 PM)
I just realize if your EPF yearly contribution is equal or more than 6,000 ... no more further reduction even u buy a life insurance, is that true ?
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YES.
SUSDavid83
post Feb 9 2015, 07:48 AM

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QUOTE(twintwinkle @ Feb 9 2015, 04:53 AM)
Hi, I want to pay the balance of tax after deducting PCB via cimbclicks or m2u. Which is the payment code i should choose? 084 or 095? Im confused because some said 084 ... some said 095.

tq
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084
SUSDavid83
post Feb 9 2015, 09:11 AM

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QUOTE(babyfatso @ Feb 9 2015, 09:10 AM)
Hi all Sifu,

I wonder if we need to claim income tax if my basic + bonus is more than 2.5k?

Thanks in advance.
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Claim? Or Pay?


SUSDavid83
post Feb 9 2015, 12:56 PM

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PCB for 2015:

http://www.hasil.gov.my/pdf/pdfam/PCB_2015.pdf
SUSDavid83
post Feb 10 2015, 09:10 AM

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QUOTE(babyfatso @ Feb 10 2015, 09:08 AM)
I mean can we claim back our income tax if our bonus + basic is above 2.5k

As understand from a group of friend is that normally accountant of company will help you pay your income tax before bank in bonus to us. Some said that if 2.5k above can claim back?
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You can claim as long as you file it.

The eBE will take your overall annual income into consideration and you key in accordingly with the guidance of your EA statement prepared by your company HR.


SUSDavid83
post Feb 23 2015, 08:38 PM

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QUOTE(simplesmile @ Feb 23 2015, 08:38 PM)
I paid medical insurance for my parents. Can I claim the premium as income tax relief? Or maybe claim relief as parents medical expenses?
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I don't think so.

QUOTE
Tax relief of up to a maximum of RM5,000 is available in respect of medical expenses expended by an individual for his parents provided that the claim is evidenced by a medical practitioner’s receipt to certify that the treatment was provided for your parents.


URL: http://www.thestar.com.my/story/?file=%2F2...focus%2F5988503

This post has been edited by David83: Feb 23 2015, 08:40 PM
SUSDavid83
post Feb 25 2015, 07:02 PM

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QUOTE(bagok @ Feb 25 2015, 04:50 PM)
Guys Need Help..

I just spend around RM4000 for IT certification last year ( Recognize World Wide ).

Can i claim back the money under education..
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I don't think.

It's meant for Bachelor Degree, Master Degree and PhD.

QUOTE
Bayaran yuran tahunan terhad kepada RM5,000 dibenarkan sebagai potongan untuk kursus pembelajaran di institusi atau badan profesional di Malaysia yang diiktiraf oleh Kerajaan Malaysia atau diluluskan oleh Menteri Kewangan bagi maksud meningkatkan kemahiran atau kelayakan:

(i) sehingga ke peringkat tertiari (selain Sarjana dan Doktor Falsafah) – dalam bidang undang-undang, perakaunan,
kewangan Islam, teknikal, vokasional, industri, saintifik atau teknologi; atau
(ii) peringkat Sarjana dan Doktor Falsafah – sebarang bidang atau kursus pengajian

Perenggan 46(1)(f)

SUSDavid83
post Feb 26 2015, 07:48 AM

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QUOTE(Kaka23 @ Feb 26 2015, 07:46 AM)
Dateline for e filing is 31/3. Only 30 days only meh.
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April 30th and sometime will have extension of another 2 weeks.
SUSDavid83
post Mar 1 2015, 12:13 PM

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QUOTE(wacrop @ Mar 1 2015, 11:25 AM)
may i know Pendapatan berkanun penggajian is gross pay or net pay ?
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Gross income including your bonus. Follow your Section B of your EA form.

This post has been edited by David83: Mar 1 2015, 12:15 PM
SUSDavid83
post Mar 1 2015, 12:27 PM

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QUOTE(Okina @ Mar 1 2015, 12:22 PM)
Anyone having any issues trying to log in? Keyed in IC and password but when clicked the "Hantar" button, nothing happens.
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Any digital certificate error?
SUSDavid83
post Mar 1 2015, 12:49 PM

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QUOTE(gunblade99 @ Mar 1 2015, 12:44 PM)
Hi, just wanna ask in section E - amaun caruman yang wajib dibayar, means the amount I have to pay?
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That section is your monthly deduction which your company has deducted and paid to the respective government agency.

Usually at that section is your EPF monthly deduction (employee portion of the contribution).

This post has been edited by David83: Mar 1 2015, 12:49 PM
SUSDavid83
post Mar 1 2015, 12:52 PM

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QUOTE(Nauts @ Mar 1 2015, 07:14 AM)
Nice new interface
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Vey fresh looking interface but it doesn't combine with eLejar.
SUSDavid83
post Mar 1 2015, 12:59 PM

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QUOTE(nanan75 @ Mar 1 2015, 12:55 PM)
try disabling popup blocker.  the page to be filled is in different window.
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The pop up blocker will mess with you after you have logged in and click on the e-Filing menu.

He experienced the problem with the main login page.
SUSDavid83
post Mar 1 2015, 02:25 PM

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QUOTE(supersound @ Mar 1 2015, 01:30 PM)
Using Google Chorme, indeed I have problem, but after disable the popup blocker, everything are ok.
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I also use Google Chrome.

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