Income Tax Issues v3, Anything related to Personal Income Tax
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 Apr 13 2014, 10:21 PM
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Senior Member
1,156 posts Joined: Dec 2007  
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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?  how bout petrol allowance? |
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Apr 14 2014, 12:01 AM
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All Stars
52,874 posts Joined: Jan 2003
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QUOTE(darkdevilrey @ Apr 13 2014, 10:21 PM) halo guys You don't have EA form with you? 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? how bout petrol allowance?  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 |
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Apr 14 2014, 12:18 AM
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Senior Member
1,156 posts Joined: Dec 2007
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QUOTE(David83 @ Apr 14 2014, 12:01 AM) You don't have EA form with you? Ic.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 means everything in section B , we need to sum up total = JUMLAN PENDAPATAN yang dikenakan cukai la  |
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Apr 14 2014, 08:27 AM
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Senior Member
708 posts Joined: Oct 2013
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QUOTE(supersound @ Apr 13 2014, 05:18 PM) Should be. Every year I put rm300-400 to "buy" books. don't take the risk cos nowaday "their" need money. Therefore they will ask you to give them supporting document for all the claim. PEnalty tax rate+45%What I notice is, as long as you don't put maximum amount, they don't bother to query. |
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Apr 14 2014, 08:28 AM
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Senior Member
708 posts Joined: Oct 2013
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QUOTE(rye_yerd @ Apr 13 2014, 05:13 PM) hi all, keep receipt if you want to claimdoes The Edge publication subscription falls under newspaper? or it can be deducted under "Purchase of books/ magazines/ journals/ etc.? thanks |
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Apr 14 2014, 08:31 AM
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Senior Member
708 posts Joined: Oct 2013
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QUOTE(Timemuffin @ Apr 13 2014, 01:49 PM) are annual subscription fees for professional bodies tax deductible? are you practising under such professional body? |
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Apr 14 2014, 08:38 AM
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Junior Member
98 posts Joined: Jul 2011
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QUOTE(aylwyn paul @ Apr 14 2014, 08:31 AM) are you practising under such professional body? Yep. |
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Apr 14 2014, 08:39 AM
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All Stars
52,874 posts Joined: Jan 2003
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QUOTE(aylwyn paul @ Apr 14 2014, 08:31 AM) are you practising under such professional body? Usually your company should have subsidized it to increase technical or professional competency of the company. |
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Apr 14 2014, 08:42 AM
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Junior Member
310 posts Joined: Oct 2007
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I'm malaysian staying in JB and working in singapore. Am I taxable under malaysia?
P.S I paid singapore tax though. Sorry if I missed out or someone have posted this question |
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Apr 14 2014, 08:42 AM
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Senior Member
708 posts Joined: Oct 2013
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QUOTE(Timemuffin @ Apr 14 2014, 08:38 AM) Yep. can claim |
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Apr 14 2014, 08:43 AM
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Senior Member
708 posts Joined: Oct 2013
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QUOTE(jerrymax @ Apr 14 2014, 08:42 AM) I'm malaysian staying in JB and working in singapore. Am I taxable under malaysia? may not but you have to declare unless u stay in singaporeP.S I paid singapore tax though. Sorry if I missed out or someone have posted this question This post has been edited by aylwyn paul: Apr 14 2014, 08:46 AM |
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Apr 14 2014, 08:45 AM
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Junior Member
98 posts Joined: Jul 2011
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QUOTE(aylwyn paul @ Apr 14 2014, 08:42 AM) can claim just minus off from taxable income? |
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Apr 14 2014, 08:46 AM
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Senior Member
708 posts Joined: Oct 2013
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QUOTE(Timemuffin @ Apr 14 2014, 08:45 AM) just minus off from taxable income? yes |
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Apr 14 2014, 08:47 AM
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All Stars
52,874 posts Joined: Jan 2003
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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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Apr 14 2014, 08:49 AM
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Senior Member
708 posts Joined: Oct 2013
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QUOTE(David83 @ Apr 14 2014, 08:47 AM) Under which clause that can be claimed? section 33 ita 1967.You guys are referring to professional membership fee right? ACCA? IEM? IEEE? under such professional body only you can perform your job ==> incidental |
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Apr 14 2014, 08:57 AM
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All Stars
52,874 posts Joined: Jan 2003
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QUOTE(aylwyn paul @ Apr 14 2014, 08:49 AM) section 33 ita 1967. You're correct:under such professional body only you can perform your job ==> incidental QUOTE Expenses wholly and exclusively incurred in the production of income (usually very few expenses qualify for deduction from employment income, such as subscriptions to professional bodies).63 63. Section 33(1) of the Act. URL: http://www.kpmg.com/global/en/issuesandins...income-tax.aspx |
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Apr 14 2014, 08:59 AM
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Senior Member
708 posts Joined: Oct 2013
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QUOTE(David83 @ Apr 14 2014, 08:57 AM) You're correct: of course lah i'm in taax line for more than 20years |
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Apr 14 2014, 09:00 AM
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All Stars
52,874 posts Joined: Jan 2003
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QUOTE(aylwyn paul @ Apr 14 2014, 08:59 AM) of course lah i'm in taax line for more than 20years My mistake, sifu!  But usually, you can claim this fee from the company especially MNC. |
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Apr 14 2014, 09:02 AM
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Senior Member
708 posts Joined: Oct 2013
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QUOTE(David83 @ Apr 14 2014, 09:00 AM) My mistake, sifu! Bro. never mind. human can make mistake . even god also can make mistake. But usually, you can claim this fee from the company especially MNC. |
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Apr 14 2014, 09:50 AM
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Senior Member
708 posts Joined: Oct 2013
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govt lack of fund everybody must be careful don't simply claim
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