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

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mamamia
post Apr 2 2017, 07:46 AM

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QUOTE(niafaz89 @ Apr 2 2017, 12:57 AM)
Grace period till 15/5/2017😄
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So B form is 15 July 2017?
mamamia
post Apr 14 2017, 10:29 PM

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QUOTE(raul88 @ Apr 14 2017, 10:02 PM)
hi guys

newbie here
question regarding life insurance

since EPF contribution is counted directly
how should i add on life insurance?
for eg...if i paid rm10/month for lifeinsurance
so i just add RM1000(epf for example) + Rm120 (life insurance) ??
as long as it within 6k

is that assumption right?
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Yes, life insurance + EPF, maximum claim rm6000. You should receive the insurance statement for income tax purposes.. follow the premium stated in the statement to report
mamamia
post Apr 15 2017, 12:36 PM

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QUOTE(Jinglexo @ Apr 15 2017, 09:26 AM)
The last day for income tax filing (individual) is end of apr17? Or mid may17
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QUOTE(David83 @ Apr 15 2017, 09:39 AM)
I didn't see or find any announcement on the due date extension from LHDN website.

[attachmentid=8731845]
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http://www.panduanmalaysia.com/2015/02/tar...5-lhdn.html?m=1



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Attached File  ProgramMemfailBNCP_2017_1.pdf ( 234.08k ) Number of downloads: 16
mamamia
post Apr 16 2017, 04:26 PM

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QUOTE(Ice BabY @ Apr 15 2017, 08:07 PM)
Want to ask for sole proprietor business due date is april or june ya?
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June 2017. Ur is B form with biz income

QUOTE(misnail @ Apr 15 2017, 10:47 PM)
I just received my refund from LHDN and the amount is lower than the amount stated in my tax filing form.

Anyone have experience this before? What should I do next?
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U need to call to LHDN to check.. sometime is either ur PCB amount not match with amount they received.

QUOTE(kazuya90 @ Apr 16 2017, 01:23 PM)
one silly question, after submitting my income tax. i am being taxed for RM1900. Can i let it deduct by themselves monthly instead of paying one shot.... because am lack of cash right now... Anyone please advise. Because last year they will issue letter to my company and ask them to deduct. but this year amount is higher. Last year only 600 something....
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You can always discuss with the tax officer for installment plan.

mamamia
post Apr 16 2017, 10:35 PM

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QUOTE(Ramjade @ Apr 16 2017, 07:58 PM)
If pay installment plan is there extra charges/interest?
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I've no idea, but if u have credit card, just pay with credit card with 0.8% admin fee and BT to MBB for 12 months 0%
mamamia
post Apr 28 2017, 07:24 AM

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QUOTE(ubeyou @ Apr 28 2017, 12:07 AM)
Hi guys, if my receipts are photocopied, can it pass the audit checking?
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Tax audit will only need copy of ur receipt n not original copy..
mamamia
post May 12 2017, 03:03 PM

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QUOTE(rocketm @ May 12 2017, 02:44 PM)
Hi, can I know whether the lifestyle tax relief is going to implement on next year income tax assessment 2017 (submit in year 2018)?

Where can I get more details information?

As I know the lifestyle tax relief constitutes purchase of computer, laptop, internet subscription, gym, reading materials and so on for max RM2500 per year.

My questions are
1. How many year of the receipt can I use to claim?
2. For computer I claim at year 1 for RM1000 (example), will this RM1000 take into account for next year (year 2) which means year 2 i only can claim RM 1500 only?

Thanks if someone can answer my inquiries.
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the receipt can only claim based on the year of amount incurred. refer to the date of the receipt, 2017 receipt can only claim for YA2017 tax relief.. no carried fwd.
mamamia
post Jun 29 2017, 06:41 PM

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mamamia
post Jul 8 2017, 03:03 PM

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Anyone try to pay tax today? BYRHASIL not working... showing connection fail..
mamamia
post Jul 9 2017, 06:17 PM

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QUOTE(mamamia @ Jul 8 2017, 03:03 PM)
Anyone try to pay tax today? BYRHASIL not working... showing connection fail..
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Until today still unable to make payment for income tax.. dunno what's wrong with LHDN
mamamia
post Aug 1 2017, 06:31 PM

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I've made tax payment online on 10 July for YA2016 via credit card, but until today, my elejer still didn't captured the payment.. what can I do? My credit card d posted my payment since 12 July..

At the same time, I also made another CP500 payment on 18 July for YA2017 and I saw it posted on my e-lejer 2017..

Anyone experience the same on late posting ?
mamamia
post Aug 22 2017, 08:47 AM

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QUOTE(fztt @ Aug 21 2017, 08:49 PM)
I received a 113(2) letter from LHDN today demanding additional tax.

Previously they have sent me letter asking for my P&L, sole proprietor, which I did.

The thing is, their additional tax amount doesn't match any expenses or permutation of expenses (they added 2.4k to my net profit so I assume I should be able to derive where they minus off 2.4k from my expenses), they never asked for receipts or full set of accounts or breakdown of expenses, only the P&L, so I have no idea where they derived the 2.4k from?

Should I pay or should I ask for a meeting & bring over all my documents to see them.

The figure added seem very arbitrary to me.
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U can ask them to provide the computation of additional tax.. maybe it involved some penalty charges.. how long they come back to u from the time u send ur p&l until u receive the additional tax payable notice?

mamamia
post Apr 6 2018, 02:17 PM

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QUOTE(enriquelee @ Apr 6 2018, 09:51 AM)
They told me the same too when i called and ask.
But i really doubt is it so simple?

So have you managed to change from Be to B via this simple process?
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QUOTE(rapple @ Apr 6 2018, 10:11 AM)
My friend purposely went to LHDN to request for the change, but get the same answer from them.

Still not changed. 2016 and 2017 still under SG but filed through Form B.
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Just choose B form when submit, they will change.. but sometime system n CP500 2 different, 1 SG, 1 OG, but most important is the tax number is correct.. SG or OF doesn’t matter.. have been doing so for 2-3 years no issue
mamamia
post Apr 9 2018, 09:01 AM

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QUOTE(BacktoBasics @ Apr 8 2018, 10:56 PM)
So you mean after becoming a member of a professional body, the annual fee cannot be claimed? Same goes for MIA?
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Read the note n decide urself for self assessment
http://lampiran1.hasil.gov.my/pdf/pdfam/No...an_BE2017_1.pdf


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mamamia
post Apr 28 2018, 12:44 AM

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QUOTE(Irresistible @ Apr 27 2018, 10:06 PM)
Grace,period is 15 May? So deadline is 15?
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Yes
mamamia
post May 11 2018, 01:39 PM

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QUOTE(DrNinja @ May 11 2018, 12:48 PM)
Do I include both employer and employee sosco contribution for income tax?
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Only employee portion
mamamia
post May 15 2018, 10:15 PM

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Bonus for 2017 performance receive in 2018, do I need to include this bonus income to my YA2017 tax submission?
mamamia
post May 16 2018, 12:11 AM

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QUOTE(WaNaWe900 @ May 15 2018, 11:18 PM)
Same to me too... I just declared as EA form stated amount, not more not less
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QUOTE(soultaker @ May 15 2018, 11:24 PM)
No. Just put whatever is there in the EA form.
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My understanding is same as u guys.. it should based on year of receipt.. in fact, I submitted the tax for my mum who retired.. n she receive letter from her co in Apr18 on bonus for 2017, but she has yet to receive the money as of now. The co asked her to do tax clearance with IRB only HR will release the bonus to her. So, today she went to IRB n show the bonus letter to IRB for tax clearance, the IRB officer add the bonus yet to receive to her YA2017 income. So I wonder y IRB treat that income yet to receive as 2017 income. Coz income should based on year of received for individual
mamamia
post May 25 2018, 08:13 AM

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QUOTE(syaaron @ May 24 2018, 10:50 PM)
Yup . Like this even buying sports equipment cant claim as well ?
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QUOTE(David83 @ May 25 2018, 07:21 AM)
I think no.

Printed newspaper, smartphone, tablet, internet subscription & gym membership
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It is claimable under lifestyle relief as lay out:

Purchase of sports equipment for any sports activity as defined under the Sports Development Act 1997 (excluding motorized two-wheel bicycles) and gym memberships for self, spouse or child; and
mamamia
post May 25 2018, 08:18 AM

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QUOTE(David83 @ May 25 2018, 08:16 AM)
That is quoted from Nota Penerangan BE 2017?
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http://www.hasil.gov.my/bt_goindex.php?bt_...sequ=1&bt_lgv=2

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