Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed
124 Pages « < 32 33 34 35 36 > » Bottom

Outline · [ Standard ] · Linear+

 Income Tax Issues v3, Anything related to Personal Income Tax

views
     
aylwyn paul
post Apr 21 2014, 08:24 AM

Enthusiast
*****
Senior Member
708 posts

Joined: Oct 2013
QUOTE(supersound @ Apr 17 2014, 06:11 PM)
Chinese that work as government servant are very LCLY doh.gif
Don't ask me why, but if you relate it back to how Chinese treat Chinese for the past 5000 years, you should understand it whistling.gif
*
use to it other word biasalah
SUSsupersound
post Apr 21 2014, 08:52 AM

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

Joined: Aug 2009
QUOTE(aylwyn paul @ Apr 21 2014, 08:24 AM)
use to it other word biasalah
*
That's Chinese's mentality doh.gif
ronnie
post Apr 21 2014, 01:55 PM

Not enough stars
*********
All Stars
21,326 posts

Joined: Jan 2003
From: Kuala Lumpur



QUOTE(CPURanger @ Apr 20 2014, 05:36 PM)
This is questions regarding HK-3 (Stock dividends)

1) Do I need to fill this into HK-3 (see below) ? The Income tax column is printed as dash, so no tax ?
Company XYZ Dividend voucher

Single tier, Number of Shares 1000, Dividend rate 10 sen, Gross dividend RM100.00, Income Tax (None), Net Dividend - 100.00

Some dividend vouchers, put it as Income Tax : Tax exempt or Income tax rate at 25% : - (dash)

2) This one even more pening. What should I fill in ?

Company PQR REIT Dividend voucher
Unit holding 2000,  1.65 sen per unit - taxable, 0.35 sen per unit - tax
Taxable income RM33.00, Tax withheld RM3.30, Non taxable income/Deductable expenses RM7.00, Net Payable RM36.70

Total amount : RM 36.70
rclxub.gif icon_question.gif
*
Both don't need to put inside HK-3
1) Because it's Single Tiered Dividend... not 25% tax
2) Because it's REIT (10% tax) but don't need to declare.
CPURanger
post Apr 21 2014, 02:15 PM

Enthusiast
*****
Senior Member
889 posts

Joined: Jun 2008


QUOTE(ronnie @ Apr 21 2014, 01:55 PM)
Both don't need to put inside HK-3
1) Because it's Single Tiered Dividend... not 25% tax
2) Because it's REIT (10% tax) but don't need to declare.
*
Thank you. rclxms.gif
SUSDavid83
post Apr 21 2014, 02:47 PM

20k VIP Club
*********
All Stars
52,874 posts

Joined: Jan 2003
Same article from The Star:

QUOTE
> Currently, a tax payer can claim refund of the income tax deducted from dividends paid out by listed companies. What about withholding tax deducted from dividends received from Real Estate Investment Trust (REITs) institutions? Can a tax payer claim refund of the withholding tax deducted?

If a REIT has distributed 90% or more of its total income as dividend to the unit holders, the REIT is exempt from tax. The dividend declared by the REIT would show a withholding tax of 10% in the case of an individual unit holder. This withholding tax is considered a final tax. The dividend need not be declared in the Return Form 2013 and no refund can be claimed.


URL: http://www.thestar.com.my/News/Nation/2014...-are-claimable/
panaunoo
post Apr 21 2014, 03:37 PM

New Member
*
Junior Member
9 posts

Joined: Oct 2007
Sosco can deduct ?
where... ? TQ
SUSDavid83
post Apr 21 2014, 04:00 PM

20k VIP Club
*********
All Stars
52,874 posts

Joined: Jan 2003
QUOTE(panaunoo @ Apr 21 2014, 03:37 PM)
Sosco can deduct ?
where... ? TQ
*
Nope.
Jerryc
post Apr 21 2014, 11:04 PM

Getting Started
**
Junior Member
101 posts

Joined: Jul 2010
From: from heaven to earth



Would like to ask, last year I resigned and join current company, therefore I have 2 EA form. So for income tax, I have to submit twice or just once for the 2 company ? Coz from my first "Maklumat Individu" it only shows one employer number.
SUSDavid83
post Apr 21 2014, 11:05 PM

20k VIP Club
*********
All Stars
52,874 posts

Joined: Jan 2003
QUOTE(Jerryc @ Apr 21 2014, 11:04 PM)
Would like to ask, last year I resigned and join current company, therefore I have 2 EA form. So for income tax, I have to submit twice or just once for the 2 company ? Coz from my first "Maklumat Individu"  it only shows one employer number.
*
Combine them into one and put the latest employer in the Maklumat Individu section.
lokgotz
post Apr 21 2014, 11:29 PM

hehehe
*******
Senior Member
2,657 posts

Joined: Jan 2003
From: In front of my computer


QUOTE(David83 @ Apr 21 2014, 07:58 AM)
It's advisable for the one who is paying for more tax to file for full 100% children relief.

Alternately, both of you can file 50% each if I'm mistaken.
*
Will do. Thank you so much. smile.gif
aylwyn paul
post Apr 22 2014, 08:16 AM

Enthusiast
*****
Senior Member
708 posts

Joined: Oct 2013
QUOTE(ngaisteve1 @ Apr 18 2014, 10:39 AM)
U guys know about deferred annuity? My 2013 MLTA statement , says that I can get RM3000 as tax relief as deferred annuity. I have paid more than RM4k premium
*
defeered annuity thru' epf only allow to claim deduction
aylwyn paul
post Apr 22 2014, 08:19 AM

Enthusiast
*****
Senior Member
708 posts

Joined: Oct 2013
QUOTE(liette` @ Apr 20 2014, 02:59 PM)
hi guys,

i've been reading around that if you earn 2.5k and above per month, you are taxable.

my question is, is this 2.5k referring to nett or gross salary? My gross salary is 2.8k per month = RM33,600 annually.

my nett salary (after minus EPF socso) = RM2478 per month = RM29,736 annually.

Assuming no tax relief/rebate.

By just looking at the amount above, am I taxable? I look at my salary slip from my company and under the 'income tax deduction', it is RM0 every month.
*
tax payable rm 364.16(best estimate)
aylwyn paul
post Apr 22 2014, 08:22 AM

Enthusiast
*****
Senior Member
708 posts

Joined: Oct 2013
QUOTE(lokgotz @ Apr 21 2014, 12:02 AM)
First time filing with a child here. I have some questions I hope someone here can assist:

1. My wife (she's working) and I are filing separately
2. Our son was born in 2013.

Question:
1. Under children relief, which do I fill in? 100% or 50%?
2. Who should fill that in? Myself or my wife or both fill in for 50%?

BTW, it's the same child.
*
once you decide the mode of claim of chlid relief . you apply consistenly
LostAndFound
post Apr 22 2014, 08:24 AM

Look at all my stars!!
*******
Senior Member
6,266 posts

Joined: Jul 2005
From: UEP Subang Jaya



QUOTE(aylwyn paul @ Apr 22 2014, 08:22 AM)
once you decide the mode of claim of chlid relief . you apply consistenly
*
You mean consistently year-on-year or that within same year cannot both claim same child?
aylwyn paul
post Apr 22 2014, 08:26 AM

Enthusiast
*****
Senior Member
708 posts

Joined: Oct 2013
QUOTE(CPURanger @ Apr 20 2014, 05:36 PM)
This is questions regarding HK-3 (Stock dividends)

1) Do I need to fill this into HK-3 (see below) ? The Income tax column is printed as dash, so no tax ?
Company XYZ Dividend voucher

Single tier, Number of Shares 1000, Dividend rate 10 sen, Gross dividend RM100.00, Income Tax (None), Net Dividend - 100.00

Some dividend vouchers, put it as Income Tax : Tax exempt or Income tax rate at 25% : - (dash)

2) This one even more pening. What should I fill in ?

Company PQR REIT Dividend voucher
Unit holding 2000,  1.65 sen per unit - taxable, 0.35 sen per unit - tax
Taxable income RM33.00, Tax withheld RM3.30, Non taxable income/Deductable expenses RM7.00, Net Payable RM36.70

Total amount : RM 36.70
rclxub.gif icon_question.gif
*
hk 3 no need to fill-in if you received zero tax dividend

reit dividend subject to withholding tax(WHT) therefore no need to fill-in . you have to check whether you reit wht is final tax or not with the payer co.
aylwyn paul
post Apr 22 2014, 08:29 AM

Enthusiast
*****
Senior Member
708 posts

Joined: Oct 2013
QUOTE(liette` @ Apr 20 2014, 06:08 PM)
really dont get it

http://edaftar.hasil.gov.my/semaknocukai/index.php

i went to this link and it was stated "Tiada Rekod Nombor Cukai Pendapatan Bagi No. Kad Pengenalan Baru"

however, i have received an email in february last year when i registered online:

"Saya dengan hormatnya merujuk kepada perkara di atas.

2. Sukacita dimaklumkan nombor rujukan cukai telah didaftar seperti berikut:

  No Rujukan Cukai : SGxxxxxx

  Cawangan        : Petaling Jaya

  Sila gunakan nombor rujukan ini di dalam semua urusan surat-menyurat dengan pejabat ini."
it doesn't make sense does it? i have an income tax reference number but when i semak no. cukai, it says there is no record?
*
make sure you have the correct number. I suggest you to go there personally and get a confirmation from them if not the may fine you for other file number(you still can appeal, but need to show them proof and take time.very bad experince i face before)
aylwyn paul
post Apr 22 2014, 08:37 AM

Enthusiast
*****
Senior Member
708 posts

Joined: Oct 2013
QUOTE(zeronuker @ Apr 17 2014, 06:04 AM)
Hello!

I did my tax online and after claims and deductions, according to it, I have over paid my tax by rm2k++. However I only just received a little over rm1k+ in tax refund. What happen to the remainder? Do they give tax refund in installments? (as far as I remember, I've always gotten lump sum)

The only difference for my tax filling year 2013 is that I claimed Interest in Property (I meet its requirement) and declared my wife and son. Wife not working and son under 18 years of age.
*
you can ask from them for their calculation of tax
aylwyn paul
post Apr 22 2014, 08:38 AM

Enthusiast
*****
Senior Member
708 posts

Joined: Oct 2013
QUOTE(bcpbeancounter @ Apr 17 2014, 10:17 AM)
Hi guys....not sure anyone ask this before...just file my tax for 2013. Cant find relief for braodband. No more?
*
no more broadband claim wef 2013
wufei
post Apr 22 2014, 08:38 AM

Look at all my stars!!
*******
Senior Member
3,039 posts

Joined: Jan 2003
From: Laputa


QUOTE(aylwyn paul @ Apr 22 2014, 08:38 AM)
no more broadband claim wef 2013
*
yes no more. Government cheapskate
aylwyn paul
post Apr 22 2014, 08:39 AM

Enthusiast
*****
Senior Member
708 posts

Joined: Oct 2013
QUOTE(imranzero @ Apr 17 2014, 12:45 PM)
Hi guys, i'm newbie to this tax thingy . only e-be form that need to be fill and submit right?
*
not necessary you still can opt for manual filing

This post has been edited by aylwyn paul: Apr 22 2014, 08:39 AM

124 Pages « < 32 33 34 35 36 > » Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0280sec    0.84    6 queries    GZIP Disabled
Time is now: 17th December 2025 - 05:18 PM