Hi Guys, newbie here.

Im just wierded out. My first time on income tax.
I just did a look around and found this : https://ringgitplus.com/en/blog/Personal-Fi...Guide-2015.html

1.Based on there. My salary is 4500 per month. Does it mean i dont have to pay tax?
2.Or thats annually?
3.If so, then roughly does it mean my taxable income would be (4500*12)-(standard tax relief 9000+6000)= 54000-15000=39000 [roughly here means ignoring other tax relief] = i will be in the 11% tax bracket?
4.If so, lets say i want to add in another tax relief which lets say a computer at max 3000 and books max 1000. So 39000 - 4000 = 35000 which made me fall under the 6% tax bracket. Does it mean that LHDN will pay me back the 4-5% difference that i had paid?
5.If so how much is that roughly?

Thaaaanks.

Less than RM35k chargeable income get RM400 rebate.

Calculation as below:-

First 20k = RM150
Next 15k = RM750
Total = RM900
Less rebate = RM400
Payable = RM500

Thank you but can explain the less rebate is from where?

Elaun Modal / Capital Allowance

Capital allowance is only given to business activity. The person who has the right to claim capital allowance is the person who has expended on the purchase or acquisition of the said asset. Examples of assets that are used in business are motor vehicles, machines, office equipments, furniture, etc.

Anybody know the tax relief for computer purchase every 3 years will be until what year ar?

Let's say I bought a PC on 2012, so 2016 I can buy another PC right?

Anybody know the tax relief for computer purchase every 3 years will be until what year ar?

Let's say I bought a PC on 2012, so 2016 I can buy another PC right?

Can i get more explanation? Thanks!

Relief is give once in 3 years n there is no expiry unless specify by LHDN

When you do your e-filing if this relief is available, the box for this will be blank whereas if the 3 years period is not over, the box will be locked and grey.

Yes, once every 3 years.

Hi sifus, I was wondering how should I file my income taxes for shares I have in other companies? Do I just file the difference in start of year vs end of year price difference?

For the tax relief under Education Fees (Individual) RM 5,000, I will take the international exam that cost me RM4k in exam fee. Can i claimed for that? Or what sort of claimed that i can make under that?

Thanks!

Hi all. Hopefully somebody could clear this up. I a part time insurance agent and every year I receive my CP58 form.

So how do I fill up e-filing? Where to put the income stated in CP58 apart from my full-time job salary?

Declare your salary income shown on your EA form under pendapatan berkanun pengajian (if you have more than one EA form, then combine the total)

For all sorts of commission as shown in your CP58, declare it under pendapatan berkanun faedah, diskaun..... etc

SSPN for 2015 assessment year is 3000 or 6000 limit?

SSPN for 2015 assessment year is 3000 or 6000 limit?