Basic neccessity required to earn rental income is allowed.

agent who help you find the tenant that fee RM800 eg. not allowed

how about Agent fee who helps managed the units ie
arrange for repair, collect rentals monthly eg RM450 a year, RM40 a month
put it as management fee sound better, this can?


This post has been edited by guy3288: Mar 27 2024, 02:47 PM

Expense which is allowed a deduction from income of letting of real property
charged to tax under paragraph 4(d) of the ITA is the direct expense that is
wholly and exclusively incurred in the production of income under subsection
33(1) of the ITA. Examples of direct expenses which are deductible from gross
income of letting of real property are as follows:
(a) Assessment and quit rent
Annual assessment paid to the local authority and quit rent paid to the
land office.
(b) Interest on loan
Interest paid on loan taken to finance the purchase of real property
which is rented out.
© Fire insurance premium
Fire insurance premium paid in relation to fire insurance policy taken on
the real property which is rented out.
(d) Expense on rent collection
Rent collection fee and legal expense incurred to enforce rent collection.
(e) Expense on rent renewal
Expense incurred to renew tenancy or to change tenant.
(f) Expense on repair
Expense on ordinary repair to maintain the real property in its existing


good can claim

You can write a letter to lhdn request pay installment interest free...i done for my balance tax rm20+k, 12 installment interest free

actually tax is a logical thing

you dapat untung you pay tax,
you tak dapat untung you dont pay tax

so if director pump in money, that amount does not go to sales income
gomen cannot get tax from that money

now you return that amount you want gomen deduct tax for it?
mana boleh?

duit masuk gomen gets nothing
duit keluar mahu deduct tax from gomen?

kalau boleh i can keep pumping in my money to company, Company tak kena tax on it
then every now and then i take back my money and want to reduce Company tax.
repeat that again and again, gomen rugi besar!

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

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?

tips for you guys

those who after e filing still got significant
balance tax to pay

you can get interest free instalments x 12 months
interest free money

This post has been edited by guy3288: Jun 24 2025, 01:05 AM


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