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

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bagok
post Feb 16 2016, 07:40 PM

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Other issue is..

Say i pay year 2014 zakat on feb 2015. I will claim it under 2014 tax refund. I just call LHDN and they said this is wrong since i should claim it under 2015 tax refund, not 2014 .

Ive been doing this since 2010..

Im not cheating since i got all the receipt..If got caught how ?


reeve-826
post Feb 18 2016, 08:34 AM

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Anyone know where to check any kind of education fees relief under personal study of up to 7,000?
rapple
post Feb 18 2016, 01:53 PM

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QUOTE(bagok @ Feb 10 2016, 05:47 PM)
If last 2 years i got cheat a bit on refund ( max out insurance + books /sport ). If got caught how much need to pay the fine ?
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QUOTE(bagok @ Feb 16 2016, 07:40 PM)
Other issue is..

Say i pay year 2014 zakat on feb 2015. I will claim it under 2014 tax refund. I just call LHDN and they said this is wrong since i should claim it under 2015 tax refund, not 2014 .

Ive been doing this since 2010..

Im not cheating since i got all the receipt..If got caught how ?
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refer this: fine


reeve-826
post Feb 21 2016, 08:27 AM

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Does the individual study for tax relief including both exam fees and course fees?
Which professional body allow for relief? Eg: ACCA, CIMA, CFA etc
uglyduckling422
post Feb 22 2016, 12:59 PM

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For donation like we saw at newspaper is the donation entitle for tax relief? Do we need receipt for proof ? or just keep record for the bank in slip for tax deduction?

Thank you
cherroy
post Feb 22 2016, 01:04 PM

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QUOTE(uglyduckling422 @ Feb 22 2016, 12:59 PM)
For donation like we saw at newspaper is the donation entitle for tax relief? Do we need receipt for proof ? or just keep record for the bank in slip for tax deduction?

Thank you
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Only those donation that has been certified by lhdn.
rapple
post Feb 22 2016, 01:24 PM

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QUOTE(uglyduckling422 @ Feb 22 2016, 12:59 PM)
For donation like we saw at newspaper is the donation entitle for tax relief? Do we need receipt for proof ? or just keep record for the bank in slip for tax deduction?

Thank you
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If you receipt has the wordings as below
Attached Image
uglyduckling422
post Feb 22 2016, 02:03 PM

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QUOTE(cherroy @ Feb 22 2016, 01:04 PM)
Only those donation that has been certified by lhdn.
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Thanks

QUOTE(rapple @ Feb 22 2016, 01:24 PM)
If you receipt has the wordings as below
Attached Image
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Thanks. I call the Yayasan Nanyang Press they say can give receipt for tax deduction.

Happy Chap Goh Mei Everyone. thumbup.gif
gugukrez
post Feb 22 2016, 02:13 PM

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Hi, How do i register my income tax? can via online?
ShadowR1
post Feb 22 2016, 02:35 PM

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QUOTE(rapple @ Feb 22 2016, 01:24 PM)
If you receipt has the wordings as below
Attached Image
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I make the same contribution and I file it in my tax return ... for many years now.
g88
post Feb 22 2016, 08:30 PM

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How to handle CP500 ?? Totally no idea n freak out. Need to pay so lumsum for last year tax ? How they calculate n know need to pay this amount since haven't declare
rapple
post Feb 22 2016, 10:00 PM

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QUOTE(g88 @ Feb 22 2016, 08:30 PM)
How to handle CP500 ?? Totally no idea n freak out. Need to pay so lumsum for last year tax ? How they calculate n know need to pay this amount since haven't declare
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It's an estimate for this year 2016 tax. Most probably based on last year tax you paid.

If you don't agree you can revise the estimate tax using CP502 before 30th Jun.
JonSpark
post Feb 23 2016, 05:35 PM

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I have a situation:

If I am employed by an overseas company (not registered in Malaysia) and working from home in malaysia, and the salary is TT into local M'sia bank biweekly basis

a) How do I fill up borang BE in this case, or should I change to Borang B?

b) Am I obligated to pay EPF?
uncle08
post Feb 24 2016, 01:12 PM

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QUOTE(JonSpark @ Feb 23 2016, 05:35 PM)
I have a situation:

If I am employed by an overseas company (not registered in Malaysia) and working from home in malaysia, and the salary is TT into local M'sia bank biweekly basis

a) How do I fill up borang BE in this case, or should I change to Borang B?

b) Am I obligated to pay EPF?
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You gotta check with your overseas company or via payslip whether did they deduct income tax from your bi-weekly salary or not. If yes, then surely you fill up Borang BE. Borang B is for those self-employed like insurance agent/property agent/business & etc who doing business themselves.
cute_boboi
post Feb 25 2016, 03:40 PM

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QUOTE(JonSpark @ Feb 23 2016, 05:35 PM)
I have a situation:

If I am employed by an overseas company (not registered in Malaysia) and working from home in malaysia, and the salary is TT into local M'sia bank biweekly basis

a) How do I fill up borang BE in this case, or should I change to Borang B?

b) Am I obligated to pay EPF?
*
I maybe wrong, but this is what I did previously:

a) Consider as self-employed, but no matter what, just fill up the total gross income into Penggajian column. Forgot I use BE/B, but no issue from LHDN.

b) Yes & No. Also depends on your contract / hiring with your overseas company. My arrangement is to submit my own EPF (both employee and employer) and claim the amount in next month from company using the EPF receipt.
e.g. If I'm being paid TT RM10k basic salary a month. I deduct 11% (employee) myself. Then I fork own own money first to pay 13% (employer). My first month income is 10k - 1.1 - 1.3 = 7.6k balance.
every subsequent month is 10k - 1.1 - 1.3 (current month) + 1.3 (claim for previous month) = 8.9k nett which is correct.
Total income is 10k + 1.3k = 11.3k wink.gif Of course, if you contract/package is nego to be EPF Employer inclusive, then is up to you.
If I don't claim Employer EPF, I will lose out 1.3k every month.

First month is difficult since need to fork out additional money, but after several months, the money keeps rolling.

If you pay EPF, you can get deductions from tax submission.

Kaka23
post Feb 25 2016, 07:00 PM

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QUOTE(uglyduckling422 @ Feb 22 2016, 02:03 PM)
Thanks
Thanks. I call the Yayasan Nanyang Press they say can give receipt for tax deduction.

Happy Chap Goh Mei Everyone. thumbup.gif
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Good Samaritan..

Kaka23
post Feb 25 2016, 07:01 PM

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QUOTE(cute_boboi @ Feb 25 2016, 03:40 PM)
I maybe wrong, but this is what I did previously:

a) Consider as self-employed, but no matter what, just fill up the total gross income into Penggajian column. Forgot I use BE/B, but no issue from LHDN.

b) Yes & No. Also depends on your contract / hiring with your overseas company. My arrangement is to submit my own EPF (both employee and employer) and claim the amount in next month from company using the EPF receipt.
e.g. If I'm being paid TT RM10k basic salary a month. I deduct 11% (employee) myself. Then I fork own own money first to pay 13% (employer). My first month income is 10k - 1.1 - 1.3 = 7.6k balance.
every subsequent month is 10k - 1.1 - 1.3 (current month) + 1.3 (claim for previous month) = 8.9k nett which is correct.
Total income is 10k + 1.3k = 11.3k  wink.gif  Of course, if you contract/package is nego to be EPF Employer inclusive, then is up to you.
If I don't claim Employer EPF, I will lose out 1.3k every month.

First month is difficult since need to fork out additional money, but after several months, the money keeps rolling.

If you pay EPF, you can get deductions from tax submission.
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Now still doing this? How many years already?

silverong
post Feb 25 2016, 11:06 PM

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what is the different between JR and JA form? i do received both form and definitely JA form asking me to pay additional tax (cukai tambahan). However, JR form mentioned cukai dilepaskan but not cukai tambahan.

Between, my file was opened in KL branch, do I need to go KL branch and provide the document for cross check? Or i can go any branches to do the recalculation?
cute_boboi
post Feb 26 2016, 10:53 AM

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QUOTE(Kaka23 @ Feb 25 2016, 07:01 PM)
Now still doing this?  How many years already?
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Now no more, did for 2 years in previous co. First time you need to go KWSP to register as self-contribution, not sure now can do it online or not.
Once end, also goto KWSP to inform them stop the self-contribution. I think not necessary, but better settle it, otherwise KWSP may look for you one day for non-submission since did not inform them.

Once a while, you may receive letter from BNM due to frequent incoming TT tongue.gif

Income tax, just submit as usual. Bear in mind, if you submit EPF, income tax must tally. Cannot run away. If you don't submit EPF, then is subject to you.

If your company already deduct your tax in their own overseas co, then check for double tax exemption, and you don't need to pay locally. Also, try nego with co to pay you in their own local currency if you open a bank account there. Then you need the hassle to transfer the money yourself and win/lose on currency conversion.

Sunny zombie
post Feb 26 2016, 06:22 PM

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QUOTE(gugukrez @ Feb 22 2016, 02:13 PM)
Hi, How do i register my income tax? can via online?
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yes, just go to their website. need fax or email your ic.

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