it is not auto, but if you are using efiling to submit your tax return. then just select 'ada punca perniagaan'. im still using my SG number until today, just that when i log in i select Form B instead of BE.

it depends on how you wanna do it.

Employment income = same as EA

your free lance = ???? pure money receive or minus off expenses?

in fact free lance is consider business and you can claim certain expenses... however the down side of it is you have to prepare company accounts and tax computation. if your free lance is too small, its better for you to cont what you are doing, LHDN wont complain if you pay them more,.

hehe, the expenses part is the tricky one. some ok some not ok and have to add back. anyway, business world is always cost vs benefit. if the amount is so small, better not to change anything. but FYI it is not so proper to lump free lance net profit into employment income.

would you mind to explain what do you mean by foreign income? and why is not taxable?

that is why normally i tried to avoid to use 'foreign income not taxable', because the key word is not foreign income or local income. the key word is where you perform your work to earn that income.... we have discussed on this issue multiple time in LYN forum, i guess some1 should create a topic specially on this and make it sticky. so remember the key word and do not look at who pay you, where you receive your pay or what currency.... just look at where you PERFORM YOUR WORK. well there are exceptional industries just as shipping, insurances etc etc but that sums it all. and remember to think of exporter in malaysia, do they pay tax?

tax evasion is illegal mate.

tax evasion is illegal mate.

if you eanr your income in malaysia you pay malaysian tax, thats the law. unless you are talking about income earn outside malaysia, but judging from your word 'send money for surival' that doesnt seem to be the case.

this one is a bit special case. from what i know it must be job related to your employment back in Malaysia, but not a special contract to send you overseas for 1 year.

from my understanding, example you are a technician with Company A and work for them in malaysia. most of the client for Comapny A is based outside malaysia, so you have to travel here and there to service machine etc etc. that will consider deem derived from malaysia. the word incidental to malaysian employment is important. and as well as business nature.

*** i might be wrong since i have never encounter such cases before. normally ppl who work overseas prefer not to declare malaysian tax.

This post has been edited by klthor: Dec 6 2016, 05:40 PM

2.5m / 12 = 200k+ per month.... i think 99.99% of malaysian doesnt have to pay tax ed.

please read carefully, it is exempt from submitting tax estimation. meaning cp204, nornally company has to submit their forecast earning and pay instalments accordingly.

im too tired to explain what is incidental to employment in malaysia.... just take it as what you guys see fits. what i can say in the end is, based on where you perform your work except for a few industries. as for the incidental to employment in malaysia, you guys define it yourself or ask your tax agent to help you.... cherroy isnt correct as tax residence status only affect your tax rate and relief, and the public rulling that he/she shows is all about tax resident status. and babylong, the employment is kinda a grey area really, and job agency is not consider as employer.. they just match you guys to their client same as how we use jobstreet or head hunters in malaysia... they do not directly employ us, they just match us and get a commission out of it..... gonna stay away from all these foreign income stuffs, go pay a tax agent.... do not look for accountants as they know too little unless they practices a lot on tax issues...

hahha.... and the debate continues, ppl just dont feel like reading all the previous posts and start on their own assumption on 'foreign income' over again.

it falls inside income tax act and it is taxable. However starting YA 2004, new exemption for such income, hence we all use 'exempted' not ' not taxable'. not taxable is when you strike jackpot, windfall is not taxable in malaysia. the wording and definitions are very important when you read a law book. when you read carefully on the ecommerce, it focus a lot on where you do your biz instead of the location of the server but if your server is in malaysia but you do your work outside of malaysia they still wanna tax you.

wow, who kind enough to give you free money like tat? if im not mistaken, it is taxable. the complicated part is to determine either it falls under 'other income' or 'business income'.

spotify might not consider as your lifestyle relief, else astro will be deductible as well. anyway, there is no clear guideline from LHDN yet so better wait for their announcement. and theres no confirmation is it on YA 2016 or YA2017.

double post again, have to change mouse soon.

This post has been edited by klthor: Jan 10 2017, 10:17 AM

2.5k yearly life style better than 3k for every 3 years, thats only 1k per year. rather to have 2.5 x 3 = Rm7.5k tax relief vs RM3k every 3 years.

you sure you are looking at the correct schedule?

1st 100k = RM11,900
next @24% = RM30,000 x 24% = RM7,200

sdn bhd is way more expensive than sole prop. secretrial fee, audit fee, tax agent fee.. easily 8k extra annually.

This post has been edited by klthor: Jan 12 2017, 09:45 AM

tender projects, easier to do business with larger corp, etc etc. cust easier to trace you, evaluate your company and a lot more. from tax and cost point of view, you will get nothing. just like advertising, it iss just a cost but the intrinsic value of having sdn bhd is there. other than tat, you can separate off businnes vs personal. the company can hold property, invest in shares and a lot more.