I have been reading some articles about the EPF 8% vs 11% deduction and would like to get clarification on one particular item:
All this while, I followed the Jumlah Pendapatan amount under my EA form and put to Pendapatan berkanun penggajian. This is inclusive of the 11% EPF deduction.

However, from the above statement, it suggests that I should deduct 11% from my Jumlah Pendapatan and declare it under Pendapatan berkanun penggajian instead.

A simple example is: For total income RM100K, 11% deduction is RM11K. On the BE Form, should the Pendapatan berkanun penggajian be RM100K or RM89K?

Thank you

Okay thanks. So I have been doing it correctly. Just a but confuse with the statements in the article.

A simple example is: For total income RM100K, 11% deduction is RM11K. On the BE Form, should the Pendapatan berkanun penggajian be RM100K or RM89K?

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 ?

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 ?

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

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

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?

I would like some advice.

If I only calculate my day job as stated in EA form, I would fall into the 16% bracket. But there is also some Nirvana Memorial sales commission about 80k under my name. If i add this into the tax it will bump me into the 21-24% tax bracket. The amount I need to pay jump from 3 digit to 5 digit. Is there any way for me to reduce this amount? Maybe not for 2015, but in the future.

Nirvana sales commission still counts as a taxable income tax right despite it being in a funeral service sector which as far as i know is gst exempted.

Thanks

i notice in this year's Nota Penerangan, seems that the premium on medical insurance is claimable for self, wife and kids.

I don't remember seeing this in previous years, has it been like this all the while?

Eh, I thought the cost incurred to generate the commission is only deductible in cases where the tax is filed under company and not for BE. Correct me if I am wrong.

agent. so we r not directly under the company. more like a outside sales contractors.

No, expenses cost repayment by nirvana. Purely commission based.

My gross on last years is 56k and pcb total pay rm1500

Need to pay more or wat?

tried to do the efiling today but somehow when i add up all the computer, books, etc etc for the perlepasan cukai, my refund does't add up. is that normal?

Hi guys, its again time to file for taxes. Just did mine and almost fainted on the amount additional that need to pay on top of monthly pcb. This is due to commissions paid by comp didnt go through pcb deductions. I've actually set up my finance to pay additional per month on pcb but i guess it's not enough.

Is there any way to request to pay off the balance in like 6 mths installment? If need to hand out one lump sum, i'm going to KO already as most of it is tied in investments.

From where do u see that maybank cc have 6/12 mth installment for lhdn? I only found info on full pymt via maybank2u.

Hi guys,

I just register income tax number thru online and just got my income tax no: SG 021234567890 (similar EXAMPLE)

I realized the number is 12 digit long. However it seems when i want to register for the pin, it only allows me to key in 11 digits. so should i removed the 0 in front become SG 21234567890?

Please advise.

Cannot do it thru online? 

Quick Question: Can we choose not to do e-filling for 2015?
Because for last year, we are choose not to do the e-filling and assume the PCB deduction by employer is correct.

Hello guys, recently i have been sewing tshirts and printing tshirts and sellng them. How can i register for an income tax number?
Whst docs do i need when i go to inland revenue board?
Thanks

May I know what's the quickest way to have an income tax number? (OTHER THAN FINDING AN EMPLOYMENT)

I hope some tax/accountant company can provide me the service.

THANK YOU

HI,

May I know if this year I brought a new PC (ie:2800), during tax submission on next year, it should be still following previous guideline where we having tax relief of 3k for computers, or it changed to the new policy of 2.5 on sports+computer ?

Thanks

hi guys, if i bring my kid to see pediatrician (for vaccination and routine check .. weight, height), can claim the rm500 (medical examination)?