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

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GrumpyNooby
post Feb 22 2021, 10:18 AM

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QUOTE(mick84 @ Feb 22 2021, 10:17 AM)
hi is covid test entitle for income tax relief?

Medical Transactions (if any)
Combined Tax Relief Entitlement: RM11,0001
Examples: Medical expenses for parents, and treatment for serious illness
and medical examination for self, spouse or child
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I don't think so.
GrumpyNooby
post Feb 22 2021, 10:34 AM

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QUOTE(MUM @ Feb 22 2021, 10:33 AM)
according to this site...

the government has also announced that Covid-19 tests will be eligible for tax relief from YA2021 as part of the sub-category allocated for full medical check-ups. Therefore, you can claim up to RM1,000 in tax relief for full medical check-ups and Covid-19 tests when filing your income tax next year.
https://ringgitplus.com/en/blog/income-tax/...tax-relief.html
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If it is standalone test without doing full medical check-up can claim?
GrumpyNooby
post Feb 22 2021, 10:44 AM

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QUOTE(TheEquatorian @ Feb 22 2021, 10:41 AM)
Has anyone found the working sheets for BE2020? Mind linking it. Thanks.
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I'm also waiting for it.
GrumpyNooby
post Feb 22 2021, 10:50 AM

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QUOTE(TheEquatorian @ Feb 22 2021, 10:49 AM)
Thanks. Please tag me if you find it. I mailed Hasil but just got a quasi check the homepage reply.
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I check the page almost everyday and didn't see the explanatory note and other documents are available.
GrumpyNooby
post Feb 25 2021, 05:43 PM

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QUOTE(BacktoBasics @ Feb 25 2021, 05:42 PM)
guys, is the e-filing for YA 2020 opened?

Couldnt find it from the e-filing section.
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Start on 1/3/2021.

GrumpyNooby
post Feb 25 2021, 05:48 PM

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QUOTE(BacktoBasics @ Feb 25 2021, 05:45 PM)
Thanks for the update bro. Cheers
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You gotten your EA statement for 2020?
GrumpyNooby
post Feb 26 2021, 06:40 AM

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QUOTE(BacktoBasics @ Feb 26 2021, 12:14 AM)
Yes I got it already
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Wow, your company is fast!
GrumpyNooby
post Feb 26 2021, 09:19 AM

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QUOTE(BacktoBasics @ Feb 26 2021, 09:15 AM)
Haha I thought by law they have to comply to complete it before end of Feb every year?
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2 more days before end of February. biggrin.gif
GrumpyNooby
post Feb 27 2021, 04:17 PM

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Nota Penerangan BE 2020 is available:

user posted image

Download link: http://www.hasil.gov.my/pdf/pdfam/Explanat...es_BE2020_2.pdf

http://www.hasil.gov.my/bt_goindex.php?bt_...1&Submit=Search

Changes for BE-2020

user posted image

This post has been edited by GrumpyNooby: Feb 27 2021, 04:26 PM
GrumpyNooby
post Feb 27 2021, 04:24 PM

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Additional lifestyle relief for the purchase of personal computer, smartphone or tablet [Does NOT include additional charge for warranty] for own use or for the use by own husband / wife or child, and NOT being used for the purpose
of own business

The allowable deduction for this additional relief is the amount expended or deemed to be expended limited to RM2,500 for purchases made during the period between 1 June 2020 to 31 December 2020 only.

Example:
Mr Lim bought a smartphone for RM2,000 on 1/3/2020. He also bought a laptop for his son's use for RM4,000 on 15/7/2020.

Tax Treatment: Purchase of a laptop on 15 July 2020 is allowed for claim under F8b limited to RM2,500. While another RM500 from the purchase of the laptop and the expense of buying a smartphone of RM2,000 (1 March
2020) can be claimed under F8a limited to RM2,500.
Paragraph 46 (1)(p) and Paragraph 46 (1)(t) of the ITA 1967

user posted image

Good news, apparently one can claim an expensive device bought later after 1/6/2020 for both F8a(ii) and F8b with a single tax invoice/receipt.


GrumpyNooby
post Feb 27 2021, 04:31 PM

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e-Buletin HASiL Edisi 2/2021

Ini adalah info rasmi daripada Lembaga Hasil Dalam Negeri Malaysia

e-Buletin Hasil merupakan satu medium maklumat berkaitan percukaian yang akan dikeluarkan secara bulanan.

user posted image

Klik pautan ini jika menghadapi masalah untuk melihat kandungan emel ini : http://www.hasil.gov.my/pdf/pdfam/e_Buleti...disi_2_2021.pdf

For English version, please click this link: http://www.hasil.gov.my/pdf/pdfam/e_Newsle...tion_2_2021.pdf
GrumpyNooby
post Feb 27 2021, 06:10 PM

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QUOTE(blibala @ Feb 27 2021, 06:08 PM)
Hope the same can be applied to 2021 too
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That one will need to wait for Nota Penerangan BE-2021
GrumpyNooby
post Feb 28 2021, 11:45 AM

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QUOTE(hcfoo @ Feb 28 2021, 11:36 AM)
Waiting for the LHDNM website to be ready for us to file tax return
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Should start tomorrow
GrumpyNooby
post Feb 28 2021, 01:05 PM

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QUOTE(contestchris @ Feb 28 2021, 01:00 PM)
Tomorrow as in 9am, or tomorrow as in 12.01am?
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You monitor the portal and let us know when it begins.
I'm not in the rush as I don't have my documents ready.
GrumpyNooby
post Feb 28 2021, 04:53 PM

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QUOTE(vez @ Feb 28 2021, 01:54 PM)
last two years 2018 and 2019 assessment open one day earlier...
28 Feb 2019, 29 Feb 2020 (i refer back my slip I submitted around 5PM+)

lets see if they open a day earlier for this year sweat.gif

for many past years, I always get my docs prepared earlier, and I use to get tax refund back within a week time smile.gif as a normal salaried worker, dont have much docs to prepare laugh.gif just normal claims
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Did you buy insurance?
Have you gotten the tax relief statement from your insurance provider?
GrumpyNooby
post Feb 28 2021, 05:39 PM

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QUOTE(vez @ Feb 28 2021, 04:56 PM)
for insurance, I login online to get the annual statement since recent years, not waiting the postal sweat.gif
Great Eastern annual statement did itemize which can get tax relief by %, so is easily can refer
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Got it.

I just downloaded the Premium Paid Statement - Year 2020 from the insurance provider portal.

This post has been edited by GrumpyNooby: Feb 28 2021, 05:39 PM
GrumpyNooby
post Feb 28 2021, 08:33 PM

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QUOTE(vez @ Feb 28 2021, 07:55 PM)
is open now for YR2020 filing... done submitted biggrin.gif
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Thanks for notifying.

FYI/FYA for contestchris
GrumpyNooby
post Mar 1 2021, 08:41 AM

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QUOTE(isr25 @ Mar 1 2021, 08:39 AM)
Does the submission start with 7000? I submitted mine around 12am and my submission is 701X
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Somebody has even started since yesterday dinner time:

QUOTE(vez @ Feb 28 2021, 07:55 PM)
is open now for YR2020 filing... done submitted biggrin.gif
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GrumpyNooby
post Mar 1 2021, 08:48 AM

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QUOTE(basSist @ Mar 1 2021, 08:46 AM)
Submitted around 3am. No, 9xxx. e-B form.
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e-BE or e-B?
GrumpyNooby
post Mar 1 2021, 08:59 AM

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QUOTE(dannyw @ Mar 1 2021, 08:56 AM)
In my EA, under 'B PENDAPATAN PENGGAJIAN, MANFAAT DAN TEMPAT KEDIAMAN' 1. ©Tip kasar, perkuisit, penerimaan sagu hati atau elaun-elaun lain (Perihal pembayaran:

There is the amount of RM500 which is Optical allowance.

Should I add in under 'Pendapatan berkanun penggajian' which same as my gross salary in e-BE or under which column I should put this?
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Total of Section B goes into Pendapatan berkanun penggajian

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