what document need to keep as a full time home tuition teacher?

hi Expert, i do need some help here, because i newbie here not sure where to post so i post it here hoping u can help me on this matter.  Thanks in advance

i work out my boss (sole pro) tax computation for year 2017, because the business is losing so much, so when i work out his tax computation after add back his salary, those allowance not claimable, less capital allowance still is in minus figure, so how to fill up his form B if is minus on the adjusted profit?

for example his : -

p&l loss -60,239 add back his salary 36,000 because last year no business so take not much salary, then add back those can not claim allowance 6,728 and less capital allowance for the year 5,148 then total up his adjusted profit still in  minus -12,363

so how do i fill up his Borang B   

tqvm

Is anyone familiar with taxation on cryptocurrency cash-out? Has Malaysia implemented taxation on cryptocurrency yet?

Base on the excerpt, I take it that taxation on crypto hasn't been regulated yet? I am wondering if I were to cash out a huge amount (let's say 6-figures), how do I go about it with the bank and the taxman.
Found this: https://www.thestar.com.my/tech/tech-news/2...ian-income-tax/

Hi All,

2017 I bought an office property and rented it to a company. Pintu Cukai and Fire Insurance paid by me.

Example (for year 2017): Rental Income (year) = 120,000 ; Fire insurance = 2,000 ; Cukai Pintu = 5,000 ; Loan Instalment = 130,000

Can I file insurance, instalment, and cukai pintu as expenses (under PCB)?

Statutory income from rents = 120,000
PCB = 2000 + 5000 + 130,000 + my own employment income

Like that???

Thanks.

Page 14 of this link. So it sounds like they are tax deductible.

Document dates back to 2011 though. I'm guessing it still holds for 2017?

Hi all, need some advice so hope I'm posting in the right place. I have just started working and registered for an income tax number on the 7th of May. All the guides online say that after completing the e-daftar form, I have to submit a copy of mykad using the Muat Naik button. Maybe the guides are outdated or something because I did not see that button anywhere. I also remember reading on e-dafter site that I have 14 days to submit the supporting documents or my application will be cancelled and I have to register again.

I checked my application today and it said that it was approved and they gave me a 12 digit income tax number and the branch name. Nothing about uploading the mykad. Do I still need to submit my mykad via the feedback form or fax or is my application considered successful since they already gave me my income tax number and branch name?

Thanks for replying. I saw that muatnaikdokumen.pdf too but unfortunately I think it's outdated because after I submitted, I never got the Muat Naik Dokumen instructions or button. I also didn't get the "Status: Dalam proses - Maklumat Tidak Lengkap - Sila Muat Naik Dokumen" part.

Basically I just registered yesterday, checked my application today and I got my income tax number and branch name straight away. Just so confused whether I have to submit mykad or not and how to do it if I have to

Guys want to ask if I already file BE form before deadline through online and there was tax payable. The tax till now not yet pay to hasil, will get penalty and how to pay the amount without going the counter?

how much should i donate to tabung harapan? like if my chargeable income is 30k then i donate 30k to tabung harapan which is tax deductible then i will not get tax?

hi, pls advice.

my dad is a remiser and i helped him to do efilling, instead of choosing EB, i file-ed in EBE instead, cannot change from webpage so anything i can do? at the end of page EBE can be fine because of the deadline whereas
Eb up to 17 of june

hi all,

wan to ask:
i been helping my grandma submit her e-B, this year (2017), she said will be her last submission and already no longer have business income.

wan to ask on how i can tell IRB that my grandma is cease to have business income and wont be filling next year (2018)

after clicked it show: Tiada Maklumat Untuk Dipaparkan.

Hi Guys,
my son was hospitalization for surgery, can I claim for income tax reduction?    tqvm

Thanks.

Q26: I have ceased my business two years ago and I have no more income but I am still receiving the Form B. Do I need to fill up the Form or just return it back without filling it up?

A26: You are required to complete the Form and return it to IRBM before the due date. Kindly notify the IRBM branch that handles your file that you have no more income and not to issue any Form B in the future.

in the answer did not mentioned how to notify, is it by way of fills up form and hand in to the branch?

Posted in /kopitam, but I see this section is more appropriate:

Curious how to start. I do freelance online, not registered business. Live with parents, they bank in money to my account to pay for our monthly bills. How do I declare this? How to deduct it in my borang BE filing? Thanks for the advice!

May i know for individual who has 2 biz registration. biz A with GST registered, Biz B no GST, how to report on column when it ask whether can claim input tax?

Layak menuntut Cukai Input daripada Jabatan Kastam Diraja Malaysia
My wild guess would be put in as "YES"
So, when file in biz income, is it total of biz A & biz B net profit?
maybe Q:32, page 16 of the link, can shed some lights...

Hello guys, i done my E-B filing on 25/6, and overpaid tax about RM15k coz last year I stopped doing biz since June 2017, how soon I can expect gomen to pay back. Another thing, do they need to audit if claim back more than certain amount ? Thanks people.

What if I don’t claim the deductible but I take it as my spouse paid on behalf of me?