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 Income Tax Issues v3, Anything related to Personal Income Tax

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Pken
post Jan 1 2015, 12:47 PM

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On medical expenses for parents, i got the quote from ACCA site. How about having the sharing with my spouse to reduce the household tax? Is that ok to do? Or only legal for the next kin to claim the RM5000 column? We paid ~RM30k for the medical expenses while I am the only child in family.
"Example 1
Mr Campbell, a father of 12 children, undergoes a major operation costing
RM60,000 and the medical bill is paid by his eldest son. Here the son can
only claim a maximum of RM5,000.
However, if the 12 children paid the medical bill and receipts are issued
accordingly, they can all claim RM5,000 each and obtain relief for the full
medical cost."
Pken
post Jan 1 2015, 03:48 PM

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QUOTE(David83 @ Jan 1 2015, 01:28 PM)
If I'm not mistaken, it must have direct relationship.

Similarly, you can't claim medical expenses of your in-laws even though you did contribute for it.

Just my two cents.
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I believe that's the case too. It just suddenly come to my thought if I can split the bill for 2.
Malaysia is a heavily taxed country. Car tax, sale tax, oil tax, luxurious jewelry tax, and 26% income tax. Next year individual income tax is coming down by 1-3%, but wil be paying GST tax. Ohh gosh, where does all the taxpayer money goes, hope to see some improvement in schooling quality, public transport and infrastructures. My place does not even have a proper public buses nor any LRT cry.gif

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