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

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rapple
post Dec 3 2015, 04:39 PM

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QUOTE(iSmart @ Dec 3 2015, 03:48 PM)
If my pay slip got deduction pcd that's mean already pay income tax

No need to do anything ?
*
You need to declare your income in BE Form next year before 30 Apr.

Is either you have to pay more or refund.
ShadowR1
post Dec 3 2015, 05:20 PM

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QUOTE(iSmart @ Dec 3 2015, 03:48 PM)
If my pay slip got deduction pcd that's mean already pay income tax

No need to do anything ?
*
Still need to do your e-tax filing.
iSmart
post Dec 3 2015, 06:50 PM

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QUOTE(wil-i-am @ Dec 3 2015, 04:33 PM)
U still need to pay the balance, if any
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If my salary every month 4K

Same have deduct the tax

After that how to know I need pay or refund?


wil-i-am
post Dec 3 2015, 06:52 PM

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QUOTE(iSmart @ Dec 3 2015, 06:50 PM)
If my salary every month 4K

Same have deduct the tax

After that how to know I need pay or refund?
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Either u or the systems will perform final tax calculation to confirm final tax payable
SUSDavid83
post Dec 3 2015, 07:40 PM

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QUOTE(iSmart @ Dec 3 2015, 03:48 PM)
If my pay slip got deduction pcd that's mean already pay income tax

No need to do anything ?
*
Whether that is sufficient or not, you need to assess later during the filing.

If you have relieves to claim back, you could have refund instead.
smallcrab
post Dec 6 2015, 11:48 PM

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is the e-lejar still in operation?

I want to check personal income tax transaction, but once log-in E-lejar always show under maintenance.
SUSDavid83
post Dec 7 2015, 08:38 AM

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QUOTE(smallcrab @ Dec 6 2015, 11:48 PM)
is the e-lejar still in operation?

I want to check personal income tax transaction, but once log-in E-lejar always show under maintenance.
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The down time for this page is very high. Not a shocker though!
skloda
post Dec 8 2015, 11:54 AM

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Hi dear financial expert,

Currently i have full time , and part time doing online sales .

How do i declare my side income ? I do have ssm sole sole proprietorship but no company current account. Every month my side income (using their crediting system) will be credited to my personal saving account.

My point of doing this is i need to strengthen my documents to do loan (house/business etc)

Can any sifus guide me ?

Thank you in advance.
rapple
post Dec 9 2015, 10:03 AM

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QUOTE(skloda @ Dec 8 2015, 11:54 AM)
Hi dear financial expert,

Currently i have full time , and part time doing online sales .

How do i declare my side income ? I do have ssm sole sole proprietorship but no company current account. Every month my side income (using their crediting system) will be credited to my personal saving account.

My point of doing this is i need to strengthen my documents to do loan (house/business etc)

Can any sifus guide me ? 

Thank you in advance.
*
Register with LHDN to get your tax number. If you already have tax number under SG then write in to change to OG.

Do your profit/loss & balance sheet for your sole prop account and fill in Form B.

Declare all your income in Form B before 30 June next year.

Dino168
post Dec 11 2015, 07:33 AM

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I have a personal tax related question :

If I loan some $ (legally and with papers) to a sdn. bhd. company and company pays me interests. Is that received interest taxable?

Please advise ... SIFUs ... notworthy.gif

lzpln
post Dec 11 2015, 07:12 PM

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Hello,

I am a tax paying expat working in a IT company here as a programmer.
Few months ago I published an android app which recently started making some decent revenue from ads. The app is not affiliated with my company or anyone else and it is purely a hobby project of mine that I do during my leisure. My question is, do I have to declare the revenue from it in the upcoming taxation? I would like not to! I know that the rules are strict in this country and I don't want to get into any visa related trouble later if that may arise from it, so I would rather declare it upfront.

Advise me experts!

roy918
post Dec 13 2015, 08:23 AM

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QUOTE(David83 @ Dec 7 2015, 08:38 AM)
The down time for this page is very high. Not a shocker though!
*
It used very good and updated every month in 2014 but now this service is so...... speechless.
cappuccino vs latte
post Dec 16 2015, 01:04 AM

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After I submitted the TP1 form, can I still claim relief that omitted at final e-filling?
wil-i-am
post Dec 16 2015, 08:48 AM

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QUOTE(cappuccino vs latte @ Dec 16 2015, 01:04 AM)
After I submitted the TP1 form, can I still claim relief that omitted at final e-filling?
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Yes nod.gif
cappuccino vs latte
post Dec 16 2015, 08:40 PM

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QUOTE(wil-i-am @ Dec 16 2015, 08:48 AM)
Yes  nod.gif
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great. trying to top up PRS at the last minute but the TP1 form must submit by next Monday pulak...
wil-i-am
post Dec 16 2015, 10:24 PM

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QUOTE(cappuccino vs latte @ Dec 16 2015, 08:40 PM)
great. trying to top up PRS at the last minute but the TP1 form must submit by next Monday pulak...
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If u can't meet the TP1 form dateline, u need to file tax returns by next Apr 2016
spreeeee
post Dec 17 2015, 04:00 PM

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heard that we can open a tabung pendidikan account, and the $ deposited into the account is also subjected to income tax relief too - as long as the $ active till end of the year, i.e. 31/12/2015. so if i open a new account and deposited some $, and then on 1/1/2016 i close the account to take back all the $, is it still subjected to tax relief?
rapple
post Dec 17 2015, 04:27 PM

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QUOTE(spreeeee @ Dec 17 2015, 04:00 PM)
heard that we can open a tabung pendidikan account, and the $ deposited into the account is also subjected to income tax relief too - as long as the $ active till end of the year, i.e. 31/12/2015. so if i open a new account and deposited some $, and then on 1/1/2016 i close the account to take back all the $, is it still subjected to tax relief?
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you mean SSPN-i? Money deposit for yourself is not entitled to relief.

If you have children, then yes, you can open an account for them and you can get tax relief up to RM6k.

spreeeee
post Dec 17 2015, 05:19 PM

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QUOTE(rapple @ Dec 17 2015, 04:27 PM)
you mean SSPN-i? Money deposit for yourself is not entitled to relief.

If you have children, then yes, you can open an account for them and you can get tax relief up to RM6k.
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yes, for children. so can close the account after 31/12, right?
wil-i-am
post Dec 17 2015, 10:03 PM

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QUOTE(spreeeee @ Dec 17 2015, 05:19 PM)
yes, for children. so can close the account after 31/12, right?
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U need to invest by 31/12 to qualify for tax relief

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