Or his Tax Officer is lazier

Whatever amount of Rental Income received, must be filed Income Tax. That's the law.

Tax Relief YA 2016
◦ Children supporting parents, even if not living together, will receive a tax relief of RM1,500 for both parents, if the parents are above 60.

Questions:
1. Is it RM1500 for father and RM1500 for mother or combine RM1500 for father & mother ?
2. If oneof the parent passes away somewhere in 2016, can I still claim tax relief for 2016 ?

Where did you get that screenshot from ?
Can each sibling can claim Parent Relief individually (i.e. RM1500x2 per sibling) ? Or must be shared basis (like Child tax relief) ?

NOPE !!! That's not full body

it's RM2500 tax relief (spends in Y2017 receipts, assess in Y2018) for Lifestyle Tax Relief

Better don't.... Best to have it under your name.
Later LHDN ask you to show proof "you" paid for it.

For the SOCSO Tax Relief (max RM250 per year), do we multiply SOCSO Employee contribution x 12 ?

By default the highest SOCSO deduction is RM19.75 per month. So total claimable on RM237 per year

Does buying Smartwatch i.e. Apple Watch entitled to Tax Relief under Lifestyle ?

IF you can produce the receipt to match what you are claiming, you will be fine.
Having your name on the receipt ENSURES only you can claim the tax relief.

It's not based on who pays the actual amount... you will argue until the cows come home also you will be wrong.
The best and more important to have the RIGHT name on the receipt.

Medical Insurance must have either your name or spouse name ... then that person can claim it.
The same goes for (2).

How true is this statement ?
My name has been listed as ASSURED NAME

What's the difference ? What if the Insurance is Life & Medical Insurance ?

This post has been edited by ronnie: Apr 14 2017, 03:41 PM

1. You can use multiple receipts as long all receipts are issued in the SAME year. Cannot mix Year 2017 receipts with Year 2018 receipts

2. No. Claim RM1000 Lifestyle Tax Relief in Year 2017. Year 2018 can claim another RM2500 Lifestyle Tax Relief. No more every 3 years thingy for Lifestyle Tax Relief.

Heard from friend's car salesperson..if you purchase a new car within the last 2 years, your tax file is earmarked for Tax Audit by IRB... how true ?

What is the definition of "done frequently" ?
Every day = taxable
Every month = taxable
Every year = non-taxable

Latest TP1 form available at LHDN website
http://www.hasil.gov.my/bt_goindex.php?bt_...nit=6&bt_sequ=1

Strange there's no column for EPF (limit to RM4k) under Section C8

Refer to the TP1 form above as reference.

This post has been edited by ronnie: Jan 24 2019, 03:21 PM

Under Lifestyle Tax Relief, Internet subscription is allowed.
Do we take the monthly subscription fee + SST ? or just Monthly Subscription ?

Try this TAX RELIEF instead.....

Based on Section 46(1)(q)(a) of Income Tax Act 1967, breastfeeding equipment refers to a breast pump kit and an ice pack, a breast milk collection and storage equipment, and a cooler set, or bag.

According to a document by Lembaga Hasil Dalam Negeri (LHDN), this tax relief, which can only be claimed once every two years, is applicable to working women with children aged two years and below.

It is understood that this deduction will not be allowed for a year of assessment immediately following that year of assessment. This means that if a claim for this tax relief is made for the year of assessment 2017, then the next claim can only be made for the year of assessment 2019.

This tax relief is fairly new, as it was first announced in 2016 by Prime Minister Datuk Seri Najib Razak during the tabling of Budget 2017.

Like most, if not all tax relief claims, individuals must keep and provide the receipt(s) as evidence of purchase or payment

Maximum claimable is RM237 only

No need to change... it's fine.

This post has been edited by ronnie: Apr 21 2019, 11:18 PM