i would like ask about my salary per month is RM2360
but recently my boss paid me RM980@ 3 months extra bonus. should i apply income tax?  if apply, how much the interest and how much should i pay?

he mean he get rm980x3
not bad... I think company will help to prepare EA form and they will include bonus inside

The YA2015 table only benefits the RICH by making them pay less taxes...

Hi all

Have some questions about PCB tax on salary. I just join new company this month with salary RM3800. and new company ask me fill in a Income Tax form for previous job earning and deduction for this year that they want it to auto run some figure for PCB deduction.

I got my this first month salary. By right, RM3800 minus Epf and socso will get the net salary taxable which by PCB. My first month salary is not taxable though which i dunno why as my salary slip did not show it. and im single with no children.

anyone from HR or have idea why is not taxable follow PCB deduct ? Or is it i'm new that's why im not deducted PCB ths month ? And when HR asked for previous job earning and kwsp, and PCB total deduction from Jan 2014 to the day I resigned from previous job to submit to IRB isfor what purpose ? is related to my PCB adjustment ? got such thing?

When I ask HR about this, they say it will deduct next month as it is by accumulation and auto generate... dunno what this mean. btw I also oredi submitted my Income tax file no. to my HR.

Hi every one... Need to clarify something. If we sell property after own it more than 5 years ... it is not taxed. At the same time, should we declare that in our income tax as part of our income that year? Thanks.

I was reading on ways to reduce Malaysia Income Tax for Individual, and came across ...

Giving a donation to a recognized charity can turn into tax savings because you can qualify for up to 7% of your taxable income in tax rebates! ...

Any one did this before?  How does this work to my advantage?    E.g. Chargable income RM100K, tax rate is 26%, tax need to pay is RM13.85K.    If pay 7% of 100K i.e. RM7K, will drop tax rate to 24%; and tax need to pay is RM12.17K, but add back donated RM7K, rugi ... RM5.32K.

What did I miss???? 

Looking for personal tax info and help.

What are the usual charges for a consultant's help?

I receive income from two countries not MY, stay less than 180 days in MY and absent in year end or start (NR).
1. Consultancy fees from SG company for work in ID
2. Monthly salary from ID company for work in ID

Mother ask me fast fast declare income before GST so can buy property wor. I don't really care about buying or not, but just want to declare my income.

Since income not derived from Malaysia, I'm basically not taxable right? Please shed some light thank you.

Me and my wife declare the income tax together or separately, which one is better ?

If my wife quits her job on last year April, can I declare her as not working? And does she still need to file her income tax?

Thanks.
2 questions,

1. What is the benefits if declare all earning n pay more tax? aside from getting a loan from bank.

2. How about fixed and variable allowance? such as rent allowance and travel allowance (hotel+food+tolls). is it classified as earning? In the end allowances are used to pay off expenses to carry out the job.

What is the married status that we should put ? We still dun hv child during 2014

i read somewhere saying that if we are satisfied with current monthly PCB payment, we can choose not to do tax filing. is that true?

For year 2014, after adding in the bonus, i found out that i need to pay few thousand extra tax

yeah yeah i know. my question is about the previous company punya salary, kena include or not...

told you i'm going to the office edy.. lel~~

Alright now I understand. Thank you!

Just need the EA just in case the officer in LHDN office require them. Dont want to go there twice. Was about to go after lunch but i guess after i got the EA.

Already printed all of the receipts, and the Efiling for correction, as well as the letter of admission. so only the EA is left.

anyone else can provide some advise here?
leave it to next year filing obviously won't solve the issue since i will face the same issue next year, i.e.,  tax filing fprm do not have any section for us to fill in to claim back the outstanding money from tax dept.

50%? are u sure?

hi all, would like to ask, for the computer relief ( once every 3 yrs), if i claimed it on 2012 (yr assessment 2011), when will be the next claim? 2014 (yr assessment 2013) or 2015 ( yr assessment 2014)?

Thanks

I pay via sfx cimb clicks. Didnt saw any credit card option.
That cost me one unit of Iphone6 128GB!

Hi guys, I understand there is an installment payment method to LHDN which to deduct our salary accordingly. But I wonder instead of deducting from our salary, can we arrange to make the installment payment ourselves in monthly basis?

Sorry bro, i think u misunderstand. I mean the payment cost me one unit of Iphone6. Haha