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

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SUSDavid83
post Mar 3 2016, 10:25 PM

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QUOTE(MUM @ Mar 3 2016, 10:20 PM)
if
EA form stated
Gaji 96000
bonus 8000

bik (section B of EA form)
kereta 8800
telĀ   600

will the RM 2000 special tax relief entitled to claim?
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No.

Without BIK, it's already over RM 96k (RM 104k)

Anything under Section B is taxable.

This post has been edited by David83: Mar 3 2016, 10:26 PM
SUSDavid83
post Mar 3 2016, 10:33 PM

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QUOTE(MUM @ Mar 3 2016, 10:30 PM)
thanks for the input and clarification....
was thinking of claiming....luckily checked with you ELSE...kena teruk lah

just checked the LHDN website
"Special relief of RM2,000 will be given to tax payers earning on income of up to RM8,000 per month (aggregate income of up to RM96,000 annually). This relief is applicable for Year Assessment 2015 only. "
http://www.hasil.gov.my/bt_goindex.php?bt_...nit=1&bt_sequ=1
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The monthly figure is an estimation. At the end of the day in the e-BE, the annual figure is the determinant and they will automatically define if you'll get the RM 2k or not under Rumusan Cukai section like the individual rebate or RM 400 for taxable income less than RM 35k.

Don't tell me you want to exclude your bonus out even though your EA statement clearly shows that you have received bonus.

Aggregate income also include your rental and royalty income if you have any; not just limited to your employment income.

This post has been edited by David83: Mar 3 2016, 10:43 PM
SUSDavid83
post Mar 3 2016, 10:36 PM

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QUOTE(stormaker @ Mar 3 2016, 10:35 PM)
I should getting the refund base on amount stated in "Tax paid excess" or "Latest tax paid in excess" ?

N why last year they refunded much lesser than the amount stated in "Tax paid in excess" ?
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This one you better go to the LHDN office for deeper clarification.
SUSDavid83
post Mar 3 2016, 11:12 PM

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QUOTE(CT2009 @ Mar 3 2016, 11:05 PM)
Wanna ask, purchase of iPad, wifi version cannot claim as computer relief right
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Since 2013 all tablets cannot claim.
SUSDavid83
post Mar 4 2016, 08:00 AM

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QUOTE(soultaker @ Mar 3 2016, 11:41 PM)
I bought new PC last year, can claim RM3k relief. That's around RM6xx saving for me. Can buy new hard disk.
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If you didn't claim 3 years ago. Of course you can claim.

QUOTE(mangsa_prejudis @ Mar 4 2016, 07:22 AM)
Thank you for your reply soultaker. The company paid for it, but as far as I understand, regardless if it is covered or not, it is still claimable. Is it true?
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If your company forked out the money, still claimable?
SUSDavid83
post Mar 4 2016, 10:27 AM

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QUOTE(mangsa_prejudis @ Mar 4 2016, 08:58 AM)
That is what I have read(forgotten where I read this). They said that regardless what the insurance pays, it is considered as your money and it is claimable. Can anyone help to verify on this?
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The only concern that I wanted to raise is whether it is your employer insurance company or your personal insurance company?

If it's your personal insurance company, you may claim since you did pay your premium to the insurance company but if it's your company insurance company, then I don't think you can claim because your company will be claiming it under the company expenses as they're the one who paid the premium.

Correct me if I'm wrong. Just my two cents.

This post has been edited by David83: Mar 4 2016, 10:33 AM
SUSDavid83
post Mar 5 2016, 04:41 PM

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QUOTE(fairyboy @ Mar 5 2016, 03:11 PM)
Hello, newbie here, I'm an internship student who work under a company for 4 month, so should I go register the income tax as well? If I do, what if after the 4 month? Do I need to re-register again with new company?
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Internship no need. Please concentrate on your studies!
SUSDavid83
post Mar 7 2016, 08:48 AM

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QUOTE(iwubpreve @ Mar 7 2016, 08:46 AM)
hi my fellow forummer,

wanna ask what is the limit of "approved donation, gift, contribution"?
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Up to 7% of your aggregate annual income.
SUSDavid83
post Mar 7 2016, 09:11 AM

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QUOTE(iwubpreve @ Mar 7 2016, 09:06 AM)
weird. I got more than 7%. so I plug in the actual contribution figure. but seems like it no limit. still deduct more than 7% on the "taxable amount"
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7% of your aggregate income != 7% of your taxable income
SUSDavid83
post Mar 7 2016, 09:26 AM

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QUOTE(iwubpreve @ Mar 7 2016, 09:19 AM)
ya I know.

I mean example like this, my aggregate income is 50k
my contribution is 5000

Aggregate Income: 50,000
Approved contribution: 5000
Total Income: 45,000
then go to next page

tax relief: 10,000

Total chargeable income: 35,000

For the approved contribution, I thought I just key in actual amount they will auto cap?
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Guess like the system is not that smart enough and no validation rule is set for that entry.

It could be a trap set! biggrin.gif

This post has been edited by David83: Mar 7 2016, 09:26 AM
SUSDavid83
post Mar 7 2016, 09:40 AM

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QUOTE(iwubpreve @ Mar 7 2016, 09:28 AM)
mean need ownself adjust to 7%? submitted already mang sweat.gif I quickly check back 2014. same, is 7.8%. no autocap. consider violate the rule?
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I believe so because in e-BE, there's no caution pop up not with the "!" but you'll know this in the Nota Penerangan (PDF file).

I also tried to experiment myself just now.
SUSDavid83
post Mar 7 2016, 01:34 PM

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QUOTE(deShinyDevil @ Mar 7 2016, 01:29 PM)
Hi I have a question about the tax deduction rate.
For example, given a gross earning of a month (plus annual bonus, before elf deduction) is 10k. The monthly scheduler tax deduction is about 700. How is the tax deduction being calculated?
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There's a PCB table to serve as guideline.

It usually takes into consideration of EPF deduction only. It may also require info like whether you're single or marreid and also how many children you have.

But do take note that, if that particular month, you receive bonus (not allowance) that not as your usual monthly drawing salary, there's another method to recalculate the PCB deduction on that particular with taking into account the bonus.
SUSDavid83
post Mar 8 2016, 10:20 PM

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QUOTE(deShinyDevil @ Mar 8 2016, 10:07 PM)
ok got it. but rm700 out of 10000 is bout 7%. is the PCB rate that high?
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As I said, the calculation is fixed. Google it and you may find the template to compute it.
SUSDavid83
post Mar 8 2016, 10:33 PM

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QUOTE(benson92 @ Mar 8 2016, 10:30 PM)
Hi guys, if wanna do e-filling thru online, after key in all the tax relief amount how do lhdn know the amount is true? Do we need to submit the receipt or statement of insurance? If yes, how do we submit them online as proof?
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No need to submit the receipts and statements for 7 years.

You need to present them if and only if you're called to be audited. You may not been called this year but could be years later.
SUSDavid83
post Mar 10 2016, 08:13 AM

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QUOTE(Human Nature @ Mar 10 2016, 12:05 AM)
Is there any way to get deduction for professional membership subscription fee?
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Annual membership fee for professional status that is required to maintain your employment such ACCA or IEEE can be deducted directly from your gross income. Meaning the number you key in is after deduction.
SUSDavid83
post Mar 10 2016, 09:32 AM

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QUOTE(dummies @ Mar 10 2016, 09:14 AM)
i understand this year , we can claim the "parents support" fees like RM 3K relief for those who support their parents, anyone know how that works and which section we can claim that relief?

Do i need to share that 3K with my sisters if they are not working?
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No details on this yet.

The LHDN website is not updated yet:

http://www.hasil.org.my/bt_goindex.php?bt_...nit=1&bt_sequ=1

This post has been edited by David83: Mar 10 2016, 09:33 AM
SUSDavid83
post Mar 10 2016, 10:03 AM

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QUOTE(Human Nature @ Mar 10 2016, 09:44 AM)
Is this written anywhere at the Nota BE? Can't seems to find it. So the key here is 'to maintain employment'. What kind of evidence need to submit to LHDN if asked for proof? For academic field, the professional status is not required to maintain employment but adds up to the expertise, is this considered? Thank you
In the engineering field
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Yes. The keyword is to maintain employment.

You need that membership for your role/job/position. For instance, you need to be a certain member rank/level in IEEE or IEM in order to be a PE and only if you're a PE or senior PE, you can approve the drawings.

I believe the receipt of the membership fee payment should be sufficient.

If you're being audited, the officer will inquire why the amount in the gross income doesn't tally with your EA form/statement.
SUSDavid83
post Mar 10 2016, 11:17 AM

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QUOTE(Human Nature @ Mar 10 2016, 10:55 AM)
Okay thank you. Would the difference in gross income and EA form lead to higher possibility of being flagged for audit?
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I don't know. Luck perhaps.
SUSDavid83
post Mar 10 2016, 03:24 PM

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QUOTE(hoe117 @ Mar 10 2016, 03:13 PM)
Hi, I have a question to ask regarding how to fill in BE form:-

In EA form, there is this section G, which is "Total Tax Exempt Allowances/Perquisites/Gifts/Benefits"

Shall we key in the amount shown in above EA form section G, to the BE form under section "Statutory Income > LESS Approved Donations / Gifts / Contributions"?

OR

Shall we minus the above EA form section G amount, from the TOTAL income, and fill it into BE form "Statutory Income > Statutory Income from employment"?

OR

We can just ignore that section G in EA form?
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Just ignore that section G in EA form
SUSDavid83
post Mar 12 2016, 03:53 PM

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For Nota Penerangan BE for YA2015, I have actually updated on the Post #1

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