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 Income Tax Issues v3, Anything related to Personal Income Tax

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yenyen08
post Sep 7 2014, 09:48 PM

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From: penang
QUOTE(iamkid @ Sep 4 2014, 03:01 PM)
Hi, I want to ask some questions.

if I want to submit taxation for previous years like 3-5 years ago, how can I do it?

Print out the form from lhdn to fill up and submit?
Will get penalty if submit now?
How much does it usually cost to hire a tax agent?

Thanks a lot!!!
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yaya, will get penalty. i thk around 200 for each year.
sometimes IRB will ask for supporting documents too besides the forms
yours are company tax? individual with employment income or individual wit business income?
to hire a tax agent, depends on your location & to file for which source and also which tax agent.
for Form B around RM 400 & above
Form BE around 300 & above
not yet includes service tax and out of pocket disbursements.

Why do you want to submit prior yers income tax?


QUOTE(EquinoX @ Sep 5 2014, 12:49 AM)
Hi All,

I have just submitted and filed my 2013 income tax. I know the due date is April 2014, but this is first time that I am doing it. I also noted that I didn't declared as well 2012 income tax, which is small amount paid. My employer has done PCB deduction every month, and it is my fault that I thought that is enough since it was deducted and I don't have any additional income. So basically, I called office and they asked me to submit e-filing which I have just done.
So my concern will be what's next? Wait them to call me? I should go to their office with my EA/BE form? And will they fine me?

Thanks.
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if your income like very high, then you might get their attention to issue letters to you lo.
hmmm.... well, good luck

This post has been edited by yenyen08: Sep 7 2014, 09:52 PM
yenyen08
post Sep 25 2014, 11:22 PM

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From: penang
QUOTE(matador_15 @ Sep 18 2014, 05:06 PM)
Hello to all experts.

I just get the EA form from my ex-company, in year 2009, i have worked in the company for 9 months.

However the figure of item B is not that accurate, as my monthly salary is about 2.8k.
[attachmentid=4138190]
will LHDN questioning about the why the PCB is deducted a lot from the 10,942.80 ?

I have checked with my ex-company HR, however the person doesn't say anything about it, just mentioned this is the total figure from Jan to Dec.
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PCB deduction is the company's responsibility. LHDN will question the company rclxms.gif
yenyen08
post Sep 26 2014, 10:04 PM

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From: penang
QUOTE(matador_15 @ Sep 26 2014, 10:03 AM)
just submitted mine 1 at menara olympia.

the officer checked and said no problem, then stamped the front page for me, and asked me to wait 3 months for the news.  biggrin.gif
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yea, or you can call the IRB yourself after some time and ask about the status. smile.gif
yenyen08
post Oct 16 2014, 09:00 PM

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From: penang
QUOTE(stoppy @ Oct 10 2014, 05:02 PM)
Anyone can help me on this? Thanks
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ya... the rental income can be deduct against any direct expenses for the period that you received income
yenyen08
post Oct 19 2014, 11:46 AM

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QUOTE(Archer17 @ Oct 17 2014, 05:35 PM)
sorry for confusion, is monthly.

i know i need to declare tax, but earlier this year i go to lhdn office to ask for my income less then rm2500 need to declare or not . he say no need.

for this year my income will be above rm2500 p.m. or rm30667 p.a., so i a bit curious for next year income tax do i need to pay or not.
i refer this link say the rate is 0%

http://www.hasil.gov.my/goindex.php?kump=5...it=5000&sequ=11
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Do your company deduct PCB from your salary?
FRom what I understand from IRB, even your salary doesn't exceed certain $$ to declare tax, you still need to file income tax.
IRB said that they intend to refund such money and their account can't close doh.gif

QUOTE(Archer17 @ Oct 17 2014, 07:03 PM)
normally the company will issue the EA form for us on the end of the year right?

from there they calculate for me this year income when next year come i just summit my income tax form?
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Normally company will issue your Form EA before March 2015 (for 2014 total salary) and you'll submit your 2014 income tax return before April 2015.
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