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 Income Tax Issues v3, Anything related to Personal Income Tax

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veron208
post Feb 24 2015, 09:53 AM

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QUOTE(danieljaya @ Feb 24 2015, 08:23 AM)
According to Income Tax Act 1967 Subsection 49(1D) A relief not exceeding RM3,000 is available on insurance premiums paid in respect of education or medical benefits for an individual, husband, wife, or child.
In other words, if you paid medical insurance for your parents you can not claim as relief neither medical expenses as the payment for premium is not constitute as medical expenses in the first place.
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In another words means I can claim for medical insurance that I paid for my children and wife ? But the insurance must state me as the rider ?
veron208
post Mar 1 2015, 05:26 PM

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QUOTE(David83 @ Mar 1 2015, 03:36 PM)
I can't submit since I don't have my EA form.

I just login to play around. laugh.gif
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I have not received my EA too ... login to play play.
Different layout smile.gif
veron208
post Mar 14 2015, 10:09 PM

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Yet to receive mine sad.gif
veron208
post Mar 15 2015, 03:56 PM

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QUOTE(nexona88 @ Mar 15 2015, 01:32 PM)
next week  icon_rolleyes.gif
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Hopefully can get it before April. Need to buy some stuff prior to GST
veron208
post Mar 17 2015, 09:28 PM

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QUOTE(xbbshampoo @ Mar 17 2015, 07:42 PM)
btw what is PENDAPATAN BERKANUN, JUMLAH PENDAPATAN DAN PENDAPATAN TAHUN KEBELAKANGAN YANG BELUM DILAPORK
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If you missed out in declaring year 2013 income or any income that you only received the statement/computation after the 2014 tax period for 2013 income
veron208
post Mar 18 2015, 01:02 AM

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QUOTE(xbbshampoo @ Mar 17 2015, 10:38 PM)
so if I didn't miss out any tax for 2013, I no need to fill anything inside that whole tab right?  laugh.gif
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You can leave it blank
veron208
post Mar 18 2015, 07:44 AM

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QUOTE(tAmp0i @ Mar 18 2015, 07:32 AM)
Thanks for the input however as i am on the 'long term contract' basis, the company is not doing the MTD/PCB for me and is not going to provide me EA form either. So i'll be doing this on my own. When you mentioned gross pay does that mean basic + OT but not subtracting EPF? IE: 1000 basic + 300 OT = 1300?

Appreciated..
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Yes .... you need to sum the total
veron208
post Mar 18 2015, 11:52 AM

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QUOTE(zeese @ Mar 18 2015, 11:37 AM)
The purpose of filing tax exemption is to reduce the income tax amount.
If you don't need to pay income tax (your income tax is RM0), what's the point of of filing tax exemption?  There's no tax to be exempted/reduced in the first place.

(Do you want to make your income tax becomes negative so government pay you money instead?  biggrin.gif )
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The purpose of filing is not only to reduce the tax amount or to claim back.
It will be good for you to declare your income in order to you to secure your loans from bank.

For employed under BE form, the process of declaration take less than 10 mins.
Why fret over such a simple task ?
veron208
post Mar 18 2015, 02:14 PM

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QUOTE(stormaker @ Mar 18 2015, 12:50 PM)
I thought we no longer need to submit e-filing if we agree with the amount of PCB we have paid ?
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You can agree with the amount but the government still need you to declare that you don't have any additional income that not subjected to PCB
veron208
post Mar 22 2015, 11:35 PM

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QUOTE(kobe8byrant @ Mar 22 2015, 10:17 PM)
I forgot to claim EPF deduction. Realised it now. How to rectify?
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Call up LHDN and bring over your documents to them
veron208
post Mar 25 2015, 11:32 AM

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QUOTE(deShinyDevil @ Mar 25 2015, 11:01 AM)
hi, i just started from working for like 3 months now. do i have to file any income tax?
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No, the current tax assessment is for income earned in Year 2014
veron208
post Mar 29 2015, 01:57 PM

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QUOTE(jimbet1337 @ Mar 29 2015, 01:41 PM)
Guys, just noticed a funny thing when I'm about to file my 2014 tax.

I checked "semakan pengesahan" of the previous years.. 2012 & 2013 to see the past submitted tax & I found out that I forgot to top-up the balance for 2013 even I have submitted it.  laugh.gif

user posted image

Turned out that, after 30th April until now, no one from LHDN has contacted me to remind me that I haven't top up.

So, this time I just have to pay is it? No penalty or anything for the late payment?

Thanks
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Better you give them a call before they call you.
Or you can wait to be stopped at the airport under blacklist and not allow out from country.

veron208
post Mar 29 2015, 10:35 PM

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QUOTE(jimbet1337 @ Mar 29 2015, 02:01 PM)
Flew few times after 30th of April last year up till now & no issues at all. Not sure if they didn't notice due to their own inefficiency or not. I don't know lol.

I think I'll just pay. 2013 & 2014 at once.
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Better be safe than sorry. 😄
veron208
post Apr 9 2015, 02:31 PM

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Submitted on 12th March and received the excess return yesterday.

Close to a month smile.gif
veron208
post Jun 11 2015, 09:11 AM

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QUOTE(aromachong @ Jun 10 2015, 08:58 PM)
there are ways u dont need to pay a single cent if ur nett salary more than rm50k per month. i have tried on my clients and he get free. loopholes all the way for laws.
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You can share it via PM .... hehehe

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