Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed
6 Pages < 1 2 3 4 5 > » Bottom

Outline · [ Standard ] · Linear+

 Income Tax Issues v3, Anything related to Personal Income Tax

views
     
SUSsupersound
post Nov 11 2014, 08:19 PM

10k Club
********
Senior Member
11,554 posts

Joined: Aug 2009
QUOTE(Belphegor @ Nov 11 2014, 03:11 PM)
Hello all sifus, just wondering what is the minimum monthly salary that I have to pay income tax? Wanna clear this before I get into any trouble. Thank you!
*
Don't bother much, just register only.
Even you no need to pay tax, is still good to have account. Easier when applying loan.
SUSsupersound
post Nov 11 2014, 08:25 PM

10k Club
********
Senior Member
11,554 posts

Joined: Aug 2009
QUOTE(Belphegor @ Nov 11 2014, 08:24 PM)
Oh really? Where should I register? But if I register isn't it easy for the gomens to check on me?
*
Trust me, register and let them check now is better.
What you have now? Nothing. But after 5 years when you are buying a house that does not tally with your income, they will check you also. And if they found something fishy, they will start to dig back few years back.
SUSsupersound
post Nov 11 2014, 08:41 PM

10k Club
********
Senior Member
11,554 posts

Joined: Aug 2009
QUOTE(Belphegor @ Nov 11 2014, 08:29 PM)
Oh okay.. True also la. Better let them check me now than letting them check me in later years. Where can I register? Do I have to go to any gomen entity? Or I can register online?
*
http://edaftar.hasil.gov.my/
cool.gif
SUSsupersound
post Nov 13 2014, 02:32 PM

10k Club
********
Senior Member
11,554 posts

Joined: Aug 2009
QUOTE(cklimm @ Nov 13 2014, 10:36 AM)
Hi guys,

I am 1st timer here, i just registered my tax file, and i am now facing the e-borang thingy, do i need to fill up those 2012/13 assessment? or just do the 2014 assessment next year?

I feel kinda lost blink.gif

PS: poor fag with 2.5/ month, kena deduct pcb
*
Always start with current year only. If they ask only fill. And they won't charge you penalty if you talk nicely to them.
SUSsupersound
post Dec 15 2014, 06:54 PM

10k Club
********
Senior Member
11,554 posts

Joined: Aug 2009
QUOTE(Kayne @ Dec 15 2014, 05:51 PM)
Hi all,

I am hoping to get some help/guide here - thanks in advance

Im enrolling into further studies next year starting Feb 2015; however if I chose to settle my payment in 2014, can I claim tax relief for 2014?

Then in June ( half yearly), I will have another payment - can I claim again for 2015?

Thank you
*
The tax relief are calculate based on assessment year. So you must do like this.
Say your course is rm30000, is better you separate the payments to get the max out of it.
SUSsupersound
post Dec 25 2014, 08:05 AM

10k Club
********
Senior Member
11,554 posts

Joined: Aug 2009
QUOTE(pinsland @ Dec 20 2014, 06:22 PM)
May I know if anyone has found out whether Microsoft surface pro 3 is considered as computer that is relievable?
*
It is a computer, running WIndows without able to put in sim card all are computers.

QUOTE(taqim07 @ Dec 21 2014, 10:37 AM)
Dear All,

Pcb has been deducted from my salary without fail since 5 years ago. But i never declare or do efiling. Now im starting to feel i pay tax too much(the higher salary the higher tax).My question is?

1. If i do efiling now, what is the consequences?
2. How much penalty will i get. I read in lhdn website. The percentage of penalty is out of one year or % of 8 years tax?
3.Is there any steps by steps guide please??

Please help.. thanks..
*
Not a problem. Most of the time PCB is over charge you by few %. So they won't say anything as you can't claim back.

QUOTE(Dino168 @ Dec 24 2014, 05:05 PM)
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????  rclxub.gif
*
If you are keen to donate, you won't bother on this. You know how to calculate, government also knows how to calculate.
SUSsupersound
post Dec 31 2014, 07:36 PM

10k Club
********
Senior Member
11,554 posts

Joined: Aug 2009
doh.gifO+Dec 30 2014, 04:00 PM-->
QUOTE(doh.gifO @ Dec 30 2014, 04:00 PM)
Hi, may i know when can we submit for 2014? need for loan...
Thanks!
*
Start 1st March end on 30th April.

QUOTE(David83 @ Dec 31 2014, 03:02 PM)
Start date: March 1st
End date: April 1st
Extension (sometime): May 15th
*
Sure is end on April fool?
SUSsupersound
post Dec 31 2014, 08:00 PM

10k Club
********
Senior Member
11,554 posts

Joined: Aug 2009
QUOTE(David83 @ Dec 31 2014, 07:59 PM)
Typo due typed too fast. Corrected!
*
rclxms.gif rclxms.gif
Actually can submit later, but have to slow slow talk to the officer whistling.gif
SUSsupersound
post Dec 31 2014, 09:32 PM

10k Club
********
Senior Member
11,554 posts

Joined: Aug 2009
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
*
Nope, you can only submit it after 1st of March.
So, is good you get all documents prepared and submit it ASAP, you just need to print the BE slip and done.
Actually you only need your EA form, can be used for applying loan.
SUSsupersound
post Jan 1 2015, 03:54 PM

10k Club
********
Senior Member
11,554 posts

Joined: Aug 2009
doh.gifO+Jan 1 2015, 03:45 PM-->
QUOTE(doh.gifO @ Jan 1 2015, 03:45 PM)
not BE form, its business one for B form. 2013 earning not sufficient to cover loan  sweat.gif
*
Is still the same, you need to input all and submit.
SUSsupersound
post Jan 22 2015, 12:06 PM

10k Club
********
Senior Member
11,554 posts

Joined: Aug 2009
QUOTE(Cubed1437 @ Jan 21 2015, 05:31 PM)
If a person is in a training contract for 1 year, does he need to pay tax?

Also, the 30k min requirement is gross salary or after minusing rebates/deductables? If one is below 30k, he should register with LHDN too or wait until increase in salary?

Last question, when do you need to pay tax? Before what date, is it for one year straight?

Sorry for the simple questions, new guy in the working world here!
*
Your income is rm10000 or rm100000, you still need to register an account. This is to prevent you from getting queried when you need to take a loan.
SUSsupersound
post Feb 24 2015, 11:19 AM

10k Club
********
Senior Member
11,554 posts

Joined: Aug 2009
QUOTE(David900924 @ Feb 18 2015, 05:43 PM)
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.
*
Don't pay tax is ok, that's why we got GST this year thumbup.gif

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?
*
Paying insurance you will get a hair dropped from Jib's gor, but paying for medical cost you can get rm5000. So do the maths.

QUOTE(aromachong @ Feb 24 2015, 08:21 AM)
can someone ask hr declare epf and we ourself declare tax with lhdn? which means in salary slip only got epf but tax = 0
*
If you are an employee, better clarify with HR why no PCB being deducted(unless your income are low).
SUSsupersound
post Mar 1 2015, 01:30 PM

10k Club
********
Senior Member
11,554 posts

Joined: Aug 2009
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.
*
Using Google Chorme, indeed I have problem, but after disable the popup blocker, everything are ok.
SUSsupersound
post Mar 1 2015, 06:37 PM

10k Club
********
Senior Member
11,554 posts

Joined: Aug 2009
QUOTE(Kaka23 @ Mar 1 2015, 03:26 PM)
You guys so fast want to click submit already meh???
*
And have to pay extra rm3000 on top of rm2**** PCB paid doh.gif
SUSsupersound
post Mar 1 2015, 08:02 PM

10k Club
********
Senior Member
11,554 posts

Joined: Aug 2009
QUOTE(Kaka23 @ Mar 1 2015, 07:52 PM)
kaya betui!
*
Once a life time experience, after this no need to pay tax liao as going to get laid off doh.gif
SUSsupersound
post Mar 1 2015, 08:42 PM

10k Club
********
Senior Member
11,554 posts

Joined: Aug 2009
QUOTE(Kaka23 @ Mar 1 2015, 08:36 PM)
You got six sense ar.. will know going to get laid off!
*
When you are working in a company that keep on borrow money to pay salary, it will be sooner or later.

QUOTE(nexona88 @ Mar 1 2015, 08:39 PM)
the US based one ah?  hmm.gif

once u told u work in US  nod.gif
*
Middle East.
SUSsupersound
post Mar 1 2015, 09:23 PM

10k Club
********
Senior Member
11,554 posts

Joined: Aug 2009
QUOTE(wenqing @ Mar 1 2015, 08:56 PM)
Hey guys. I try some income tax calculator.For annual income of 45k(before minus EPD and SOSCO and already include bonus), only need to pay RM300-400 tax. Is the calculation correct?
*
Not really, have to see what you can deduct also, like own rm9000, EPF and life insurance(rm6000) and others.
SUSsupersound
post Mar 1 2015, 09:33 PM

10k Club
********
Senior Member
11,554 posts

Joined: Aug 2009
QUOTE(bluesky_1985 @ Mar 1 2015, 09:31 PM)
Mean me and my wife also put married but declare separately right ?
*
Yes, put separately.
When have child already, the child's rm1000 to put under higher income 1.
SUSsupersound
post Mar 2 2015, 12:51 AM

10k Club
********
Senior Member
11,554 posts

Joined: Aug 2009
QUOTE(bluesky_1985 @ Mar 1 2015, 11:58 PM)
Bicycle can consider as sports equipment?
*
Don't know as I always claim rm150-200 a year, buying sport shoes.
SUSsupersound
post Mar 2 2015, 01:07 AM

10k Club
********
Senior Member
11,554 posts

Joined: Aug 2009
QUOTE(jimbet1337 @ Mar 2 2015, 12:55 AM)
user posted image
*
You are right. But I never claim max so no issue so far thumbup.gif

6 Pages < 1 2 3 4 5 > » Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0545sec    0.75    7 queries    GZIP Disabled
Time is now: 12th December 2025 - 11:56 AM