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 Income Tax Issues v4, Scope: e-BE and eB only

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lionheart23
post Apr 7 2025, 12:09 PM

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I have not received any refund since submitted the form since 05 March, anyone facing the same issue? is it the only is to wait?
ubsacc2004
post Apr 7 2025, 02:29 PM

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QUOTE(lionheart23 @ Apr 7 2025, 12:09 PM)
I have not received any refund since submitted the form since 05 March, anyone facing the same issue? is it the only is to wait?
*
hmm i get it 7 days from submission date. And my friend as well.
ronnie
post Apr 7 2025, 06:09 PM

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QUOTE(lionheart23 @ Apr 7 2025, 12:09 PM)
I have not received any refund since submitted the form since 05 March, anyone facing the same issue? is it the only is to wait?
*
just need to wait.... or learn to use TP1 with your employer
xkaizoku
post Apr 7 2025, 07:50 PM

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QUOTE(MUM @ Apr 7 2025, 08:03 AM)
Not a qualified tax comment, but I think,
Under declare or did not declare income can be subjected to penalty.
Try add the amount received in Form BE under "other gains" as you mentioned.
Do remember to keep the income statement from Shopee for audit purposes.
okay I guess ill include it under other gains.
kuccified
post Apr 8 2025, 10:04 PM

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Is buying cholesterol or high blood medicine form pharmacy for parents deductible? The guideline says serious diseases in relation to heart attack or hypertension but theoretically it’s not the disease but it’s to reduce the risk of those serious diseases
MUM
post Apr 8 2025, 10:20 PM

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QUOTE(kuccified @ Apr 8 2025, 10:04 PM)
Is buying cholesterol or high blood medicine form pharmacy for parents deductible? The guideline says serious diseases in relation to heart attack or hypertension but theoretically it’s not the disease but it’s to reduce the risk of those serious diseases
*
Maybe can try check 6.2.4

https://www.google.com/url?sa=t&source=web&...aRK86eR3CSDoBHU

ronnie
post Apr 9 2025, 07:37 AM

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QUOTE(kuccified @ Apr 8 2025, 10:04 PM)
Is buying cholesterol or high blood medicine form pharmacy for parents deductible? The guideline says serious diseases in relation to heart attack or hypertension but theoretically it’s not the disease but it’s to reduce the risk of those serious diseases
*
Smart TIP: Pay RM1 at Klinik Kesihatan and get similar drugs [cholesterol or high blood medicine] for supply of 3 months each time.

This post has been edited by ronnie: Apr 9 2025, 07:37 AM
ccschua
post Apr 10 2025, 01:25 PM

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my refund has taken close to a month but not paid. it always says refund in progress via EFT maybank
guy3288
post Apr 12 2025, 07:30 PM

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Hi friends,

can ask about medical insurance tax relief please?

Is medical insurance tax relief claimed as per actual premium payment made in that year
or as per policy premium for that year?

example,

A bought medical insurance premium RM3000 per year

If he paid his 2023 and 2024 premiums rm3k x 2 years,
all paid 1 shot together in 2023
ie paid all RM6k paid in 2023


Can he claim medical insurance relief 3k for 2024
and 3k for 2025?

TQ

This post has been edited by guy3288: Apr 12 2025, 07:36 PM
ronnie
post Apr 12 2025, 09:52 PM

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QUOTE(guy3288 @ Apr 12 2025, 07:30 PM)
Hi friends,

can ask about medical insurance tax relief please?

Is  medical insurance tax relief claimed as per actual premium payment made in that year
or as per policy premium for that year?

example,

A bought medical insurance premium RM3000  per year

If he paid his 2023 and 2024 premiums rm3k x 2 years,
all paid 1 shot together in 2023
ie paid all RM6k paid in 2023
Can he claim medical insurance relief 3k for 2024
and 3k for 2025?

TQ
*
Ask your Insurance Co. will provide a yearly tax relief statement
guy3288
post Apr 13 2025, 12:46 AM

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QUOTE(ronnie @ Apr 12 2025, 09:52 PM)
Ask your Insurance Co. will provide a yearly tax relief statement
*
Logically like that , I think it means can claim tax relief each year rm3k.

That means pay rm6k (medical insurance premium for 2years combined) in 1 year,
Next year no premium will be paid.

So we claim medical insurance tax relief 3k this year

And next year claim tax another RM3k although no actual payment done as it had been paid in advance previous year.

Boleh?

But some said if look at receipt, then problem.
Receipt showed 1 year paid rm6k
Next year no payment 0!
No payment =no tax relief??

Any one got such experience pay 2years premium 1shot
Then break it to claim tax relief in 2 years taxes?
prophetjul
post Apr 14 2025, 09:49 AM

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Anyone declare

"TAX EXEMPT INCOME FROM SOURCES OUTSIDE MALAYSIA RECEIVED IN MALAYSIA"

?????

How do you declare for REITs dividends from Singapore.

Thanks in advance
KcX35
post Apr 14 2025, 02:41 PM

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If I have 2 insurance policies for tax relief, do I combine both policies, or can I use only 1 of the policy?

e.g. combine both life, and both medical
MUM
post Apr 14 2025, 03:09 PM

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QUOTE(KcX35 @ Apr 14 2025, 02:41 PM)
If I have 2 insurance policies for tax relief, do I combine both policies, or can I use only 1 of the policy?

e.g. combine both life, and both medical
*
Maybe can refer to this??

Examples
To illustrate how you should calculate your insurance tax reliefs, here’s a scenario: let’s say an individual has three insurance plans with AIA that includes a few types of coverage. Here are his annual insurance statements:

https://ringgitplus.com/en/blog/income-tax/...e-premiums.html

KcX35
post Apr 14 2025, 06:26 PM

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QUOTE(MUM @ Apr 14 2025, 03:09 PM)
Maybe can refer to this??

Examples
To illustrate how you should calculate your insurance tax reliefs, here’s a scenario: let’s say an individual has three insurance plans with AIA that includes a few types of coverage. Here are his annual insurance statements:

https://ringgitplus.com/en/blog/income-tax/...e-premiums.html
*
Thanks 🙏
jiaen0509
post Apr 18 2025, 11:18 PM

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Seeking second opinion

If I’m working overseas, I would declare my Malaysian income as zero (0). However, I still have insurance and lifestyle in Malaysia that could be used for tax relief.

Can I still declare these reliefs like this?
• Income: 0
• Tax reliefs: RM5,000

Will this cause any issues with LHDN? Or is it better to just declare everything as zero?
ClarenceT
post Apr 19 2025, 07:22 AM

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QUOTE(jiaen0509 @ Apr 18 2025, 11:18 PM)
Seeking second opinion

If I’m working overseas, I would declare my Malaysian income as zero (0). However, I still have insurance and lifestyle in Malaysia that could be used for tax relief.

Can I still declare these reliefs like this?
• Income: 0
• Tax reliefs: RM5,000

Will this cause any issues with LHDN? Or is it better to just declare everything as zero?
*
If you are no longer a tax resident, then tax relief is no longer relevant to you right?
jiaen0509
post Apr 19 2025, 08:58 AM

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QUOTE(ClarenceT @ Apr 19 2025, 07:22 AM)
If you are no longer a tax resident, then tax relief is no longer relevant to you right?
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I stay more than 180 days in Malaysia during 2024. Technically I am Malaysia tax resident?
MUM
post Apr 19 2025, 09:48 AM

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QUOTE(jiaen0509 @ Apr 19 2025, 08:58 AM)
I stay more than 180 days in Malaysia during 2024. Technically I am Malaysia tax resident?
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May I ask, are you working in Spore but staying in Malaysia?
dwRK
post Apr 20 2025, 03:39 PM

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QUOTE(jiaen0509 @ Apr 18 2025, 11:18 PM)
Seeking second opinion

If I’m working overseas, I would declare my Malaysian income as zero (0). However, I still have insurance and lifestyle in Malaysia that could be used for tax relief.

Can I still declare these reliefs like this?
• Income: 0
• Tax reliefs: RM5,000

Will this cause any issues with LHDN? Or is it better to just declare everything as zero?
*
if work oversea... filed cp21... no need to file local tax anymore... but looks like you didn't...

also is tax relief... you are not getting 5k back...


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