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

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SUSDavid83
post Feb 3 2017, 06:37 PM

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QUOTE(D.Sync @ Feb 3 2017, 06:34 PM)
Hi guys, I had been working abroad in Taiwan for almost a year now and paid my income tax to the said country. The income is solely from the company in Taiwan and credited directly to the Taiwan bank. There's been no record of sending those funds to my Malaysian bank.

In the near future I will be posted in United States due to company merging. So part of my income will be from the US.

Having that said, am I still liable for any income tax imposable by Malaysia, be in now or future?

Thanks.
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Since you're not considered as tax resident in Malaysia, you're not obligated to pay tax that is only derived in Malaysia.
Read the definition of tax resident.
SUSDavid83
post Feb 4 2017, 02:33 PM

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QUOTE(MNet @ Feb 4 2017, 02:30 PM)
How to declare the rental income?
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Under Income section.
I think you just put the nett figure.
SUSDavid83
post Feb 13 2017, 01:25 PM

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QUOTE(Lyu @ Feb 13 2017, 01:09 PM)
Hello ,

I wanna ask if the capital gain from the securities is taxable?
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Not taxable.

This post has been edited by David83: Feb 13 2017, 01:26 PM
SUSDavid83
post Feb 15 2017, 08:15 AM

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QUOTE(ronnie @ Feb 15 2017, 12:04 AM)
For the SOCSO Tax Relief (max RM250 per year), do we multiply SOCSO Employee contribution x 12 ?
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Got such relief?
SUSDavid83
post Feb 15 2017, 08:43 AM

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It depends when your annual bonus is being paid out.
If it's paid out by end of December 2016, it'll be part of your annual gross income for YA2016. Otherwise, it'll be for next year assessment (YA2017).
SUSDavid83
post Feb 16 2017, 03:25 PM

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QUOTE(Masculine @ Feb 16 2017, 03:12 PM)
when will the 2017 tax return filing open??
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March 1st for BE
SUSDavid83
post Feb 17 2017, 07:18 PM

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QUOTE(DEz012 @ Feb 17 2017, 07:15 PM)
Hi,

LHDN still sending letter chasing for tax debt for my late father from more than 10 years ago ?

The letter were computer generate with no signature with content of Notification of Civil Proceeding.

Just ignore it or ?
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Your deceased father?
If so, you need to notify them that he's no longer around.
Ignoring the letter won't help.
SUSDavid83
post Feb 27 2017, 08:13 AM

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QUOTE(kokleong725 @ Feb 27 2017, 08:06 AM)
Hi Sifus,

I would like to ask a question about my income tax account.

My employer helped me on opening a income tax account. the account is SG1234542 (example). Then I go LHDN office to ask for online registration pin number, i received my income tax account number started with OG1234542 (example) and the pin number. I didn't do any side business. How come the SG can change to OG? What should i do?

Thanks.
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Ask LHDN office for clarification or answer.
SUSDavid83
post Mar 1 2017, 07:18 AM

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QUOTE(eluna @ Mar 1 2017, 01:02 AM)
hi guy... may i ask how to fill this 3 section?

A: Statutory income from employment 

B: Statutory income from rents 

C: Statutory income from interest, discounts, royalties, premiums, pensions, annuities, other periodical payments and other gains or profits
if i have salary, bonus, incentive, and housing allowance ... does it mean combine all $$$$ then put in A section?
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Salary and bonus sure go into A.

Tax exempt incentive and allowance no need to fill.
SUSDavid83
post Mar 1 2017, 01:24 PM

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QUOTE(jimbet1337 @ Mar 1 2017, 01:14 PM)
Guys, all type allowance is tax exempted? Or just specific ones? How about parking allowance?
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Under Benefits-in-kind (BIK) from Public Ruling 2/2013, parking allowance is fully exempted*

*Exemptions are not extended to directors of controlled companies, sole proprietors and partnerships

You can refer to 2017-malaysian-tax-booklet.pdf at the first post!
SUSDavid83
post Mar 1 2017, 01:46 PM

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QUOTE(jimbet1337 @ Mar 1 2017, 01:43 PM)
Thank you. Will read the booklet again.  biggrin.gif
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If it is tax exempted allowances, make sure to ask our HR to file that amount in Section G of the EA form.
SUSDavid83
post Mar 1 2017, 02:32 PM

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QUOTE(jimbet1337 @ Mar 1 2017, 02:22 PM)
That's the thing. The parking allowance is not listed under Section F (in my case the exempted allowance in my EA is Section F) but listed in Section A instead, together with gross salary etc.

I will check again with HR.
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You need to ask your HR to make the amendment.
Otherwise, it is taxable if put under Section A.
SUSDavid83
post Mar 1 2017, 04:01 PM

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QUOTE(jeremy05 @ Mar 1 2017, 04:00 PM)
just want to ask.

jan - mar 2016 - working in company A

april - dec 2016 - working in company B

do i need submit 2 times(e-BE)?
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Combine them into single BE.

SUSDavid83
post Mar 1 2017, 07:17 PM

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QUOTE(coldpuff @ Mar 1 2017, 07:15 PM)
Hi Sifu

How come my auto filled PCB amount in the e-BE form not tally as my PCB amount in the EA form? what to do? which number prevails?

TQ
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EA form higher?
SUSDavid83
post Mar 1 2017, 07:21 PM

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QUOTE(coldpuff @ Mar 1 2017, 07:19 PM)
Yep boss, EA form higher
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This could be delay in your company remitting the scheduler tax to LHDN.
LHDN didn't capture that payment.
You can also check back in e-Lejar.
SUSDavid83
post Mar 1 2017, 10:46 PM

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QUOTE(bennyt @ Mar 1 2017, 10:32 PM)
I can't find this for Year 2016: Pelepasan Khas dibenarkan sebanyak RM2,000 jika Pendapatan Agregat (Ruangan B4) tidak melebihi RM96,000.
cry.gif  cry.gif
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I'm not even surprised. It is just a one time deal!
SUSDavid83
post Mar 2 2017, 10:08 PM

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QUOTE(cielBleu @ Mar 2 2017, 09:26 PM)
is there any way to cancel sent e-filing form? forgot to declare something
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No.
You can do amendment only.
SUSDavid83
post Mar 3 2017, 08:12 AM

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QUOTE(cielBleu @ Mar 3 2017, 06:45 AM)
e-permohonan pindaan BE? no 2016 form yet... thanks, will contact them today to ask... smile.gif
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Still early for BE submission.
They may deal with amendment in later stage I guess.
SUSDavid83
post Mar 3 2017, 09:31 AM

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QUOTE(familyfirst @ Mar 3 2017, 09:20 AM)
There use to be a "save draft" function - is it no longer there?
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It is auto save now!
SUSDavid83
post Mar 3 2017, 01:35 PM

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QUOTE(adele123 @ Mar 3 2017, 11:50 AM)
So for the complete medical examination, does normal blood test count?

cause the receipt given by my clinic is written as medical examination.
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It needs to be full complete examination under one single package kind of billing.
Not individual simple blood test count.

Just my two cents.

QUOTE(rapple @ Mar 3 2017, 01:31 PM)
Deposit is not an income.

What kind of insurance?

Only interest is deductible, principal is not.

Add: You pay your tenant water & electricity bills? If is not paid by you, then it's not your expenses.
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Could be annual fire insurance.

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