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 Income Tax Issues v3, Anything related to Personal Income Tax

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SUSDavid83
post Mar 22 2014, 09:02 PM

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QUOTE(besiegetank @ Mar 22 2014, 08:03 PM)
Have a question for tax issue. It says we can claim 3k tax relief for computer every 3 years. If I bought my computer in 2012, can I claim that relief for 2013 income tax if I didn't claim it during 2012?
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Cannot. You can't back date claiming.
SUSDavid83
post Mar 23 2014, 01:00 PM

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QUOTE(icewater @ Mar 22 2014, 09:38 PM)
hi, for the insurance and kwsp, are we using item E or G in EA form? thanks
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Item E.

Item G is meant for tax-exempt BIK
SUSDavid83
post Mar 23 2014, 03:51 PM

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QUOTE(icewater @ Mar 23 2014, 01:23 PM)
Hi, so is that means the item G is already excluded from item B ? so it should not be included anywhere in BE form

and the gross salary (item B) havent included the KWSP , so we fill in the item E in BE form?

am I understand correctly?
thanks again!
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Yes. You're correct.
SUSDavid83
post Mar 23 2014, 03:52 PM

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QUOTE(jobok @ Mar 23 2014, 03:36 PM)
for socso.....is there any tax relief?
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Unfortunately no and the contributed amount is not that significant.
SUSDavid83
post Mar 26 2014, 05:22 PM

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QUOTE(huaymeeng @ Mar 26 2014, 04:21 PM)
Hi, have a question for this year income tax.

Donation is classified as tax relief or tax rebate??
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You deduct donation under Pendapatan Berkanun and Jumlah Pendapatan
SUSDavid83
post Mar 26 2014, 07:19 PM

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QUOTE(huaymeeng @ Mar 26 2014, 06:39 PM)
Under Jumlah Derma dan Hadiah Yang Diluluskan right??
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Yes. Up to 7% of your aggregate income

QUOTE(anep @ Mar 26 2014, 06:57 PM)
can i claim for previous year 2012? i just get the no this month biggrin.gif
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It depends on your date of the receipt. No back date for sure.
SUSDavid83
post Mar 27 2014, 09:54 PM

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QUOTE(zeist @ Mar 27 2014, 07:28 PM)
Ok, understood now. Thanks. user posted image

I have another question that is, my policy started on Dec 2013 and I pay every 6 months. The slip for income tax shows 6 months payment.

Meaning to say, I pay for 6 months (Dec 2013 - May 2014), should I declare for only Dec 2013 or as per stated in slip 6 months?

Please advise.
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Dec 2013 only.
SUSDavid83
post Mar 28 2014, 09:06 PM

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Everything you claim for relief must have supporting documents and most of them are receipts as the proof of purchase that needs to be kept for min retention period of 7 years.
SUSDavid83
post Mar 31 2014, 09:17 PM

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For those who filed for home loan interest payment, please beware that this relief has expired in 2012 and if you have claimed for 3 years consecutively, you're not allowed to claim again even though that field is not grayed off like the PC relief claim.

The only reason is was still that because it is meant for those who has S&P date is at the end of 2010 (31 December 2010) and your bank started to charge your loan interest on January 2011.

If you don't want to believe me, it's solely up to you because my friend is just being audited for this clause. He filed early and has claimed for this rebate since YA2010. Income tax officer is willingly to pardon him but he needs to bring all his proofs back to YA2010 for verify his claim.

Good luck!

This post has been edited by David83: Mar 31 2014, 09:18 PM
SUSDavid83
post Apr 7 2014, 08:18 AM

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QUOTE(kabal82 @ Apr 6 2014, 11:02 PM)
Got a question here... what if my income tax is filled wrongly thru efilling? Underdeclared?

How do i amend it? Or can i just declare it in 2014 assessment?

Thanks.
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It's better to resolve early since the due date has not expired. You may need to pay a visit to the nearest LHDN office.
SUSDavid83
post Apr 8 2014, 09:32 PM

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QUOTE(dopeziggy @ Apr 8 2014, 09:26 PM)
Hi guys, i have a question.

For Section G on EA form (Total tax exempt allowances/perquisites/gift) , where should I file it on e-hasil BE form yea?

Is it under 'Tolakan cukai seksyen 110 (lain-lain) or pelepasan cukai seksyen 132 and 133?

My HR has informed that we need to include that figure in.
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No need to put.
SUSDavid83
post Apr 10 2014, 01:45 PM

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QUOTE(shad0wmag3 @ Apr 10 2014, 10:33 AM)
hi guys,
got a question. in my current company i get car allowance. i understand that there's a RM6k exemption. how should i reflect this in the BE Form? Manually fill up HK-2 form?

thanks
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Make sure that your company put the amount in Section G of the EA form - tax exempt BIK

This post has been edited by David83: Apr 10 2014, 02:02 PM
SUSDavid83
post Apr 11 2014, 07:12 PM

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QUOTE(cyang @ Apr 11 2014, 01:29 PM)
I'm required to pay about rmXXX for the income tax due to insufficient of monthly PCB paid.

When I try to pay through FPX (https://byrhasil.hasil.gov.my/),  I have no idea how to choose for the 'Jenis Bayaran' and 'Tahun Taksiran'.

[attachmentid=3925799]

I supposed the tahun taksiran should be 2013 right?
How about the jenis bayaran? bayaran ansuran cukai individu or bayaran cukai pendapatan or bayaran penyelesaian cukai?
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Kod Bayaran is 084 ---> Bayaran Ansuran Cukai Individu
No Ansuran is 99

At the end of your e-BE:

QUOTE
Sila catatkan nama, alamat, nombor telefon, nombor cukai pendapatan, tahun taksiran dan kod bayaran "084" dan no. ansuran "99" di belakang instrumen bayaran.


For deciphering the Kod Bayaran:

http://www.hasil.gov.my/goindex.php?kump=5...nit=5000&sequ=7
SUSDavid83
post Apr 12 2014, 09:00 AM

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QUOTE(Kaka23 @ Apr 12 2014, 07:21 AM)
Anybody know claims like petrol, mobile phone, meal,  parking, etc can be income tax exempted?
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Ask your HR to put them in the Section G of your EA form for BE filing. EA form is prepared by your company HR.
SUSDavid83
post Apr 12 2014, 02:47 PM

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QUOTE(Kaka23 @ Apr 12 2014, 01:03 PM)
So means it is income tax deductible is it?
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No. It's tax exempt - meaning non taxable.

It's not a relief and not counted as taxable allowance or benefits.
SUSDavid83
post Apr 13 2014, 02:14 PM

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QUOTE(Timemuffin @ Apr 13 2014, 01:49 PM)
are annual subscription fees for professional bodies tax deductible?
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No
SUSDavid83
post Apr 13 2014, 06:04 PM

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It should be qualified as its not a newspaper and a periodical publication - every monthly IIRC.
SUSDavid83
post Apr 14 2014, 12:01 AM

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QUOTE(darkdevilrey @ Apr 13 2014, 10:21 PM)
halo guys

want to clarify little bit bout basic salary and allowance

Jumlah Pendapatan = Gaji Kasar ? [Eg. RM2000 basic salary x12 = RM24,000]

or

Gaji Kasar + Fi + Tip Kasar ?

apparently my handphone allowance is fall under category ( Tip Kasar )

so does it included? hmm.gif

how bout petrol allowance?
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You don't have EA form with you?

Taxable allowance will park together under Section B ---> Will become aggregate income

Tax exempt allowance will park under Section G ---> no need to put in EA form
SUSDavid83
post Apr 14 2014, 08:39 AM

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QUOTE(aylwyn paul @ Apr 14 2014, 08:31 AM)
are you practising under such professional body?
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Usually your company should have subsidized it to increase technical or professional competency of the company.
SUSDavid83
post Apr 14 2014, 08:47 AM

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Under which clause that can be claimed?

You guys are referring to professional membership fee right? ACCA? IEM? IEEE?

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