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

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SUSDavid83
post Mar 3 2016, 08:40 PM

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QUOTE(lude86 @ Mar 3 2016, 08:28 PM)
Thats what I thought also. But the company tax agent (very reputed agent) keep saying I must file - even if only for those 4 days, because I joined in 2015. Giving me headache. Dunno what to file.
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No EA statement how to file?

Somemore, your company has lumped your 4 days salary in January payslip and it somehow becomes part of the 2016 earning.


lude86
post Mar 3 2016, 09:00 PM

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QUOTE(David83 @ Mar 3 2016, 08:40 PM)
No EA statement how to file?

Somemore, your company has lumped your 4 days salary in January payslip and it somehow becomes part of the 2016 earning.
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I have no idea...i'm new to all this lol.
SUSDavid83
post Mar 3 2016, 09:09 PM

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QUOTE(lude86 @ Mar 3 2016, 09:00 PM)
I have no idea...i'm new to all this lol.
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He/she could mean you need to open a tax file perhaps.
lude86
post Mar 3 2016, 09:11 PM

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QUOTE(David83 @ Mar 3 2016, 08:40 PM)
No EA statement how to file?

Somemore, your company has lumped your 4 days salary in January payslip and it somehow becomes part of the 2016 earning.
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Maybe company will give earning for those 4 days? I dont know.
lude86
post Mar 3 2016, 09:12 PM

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QUOTE(David83 @ Mar 3 2016, 09:09 PM)
He/she could mean you need to open a tax file perhaps.
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No. That I already did in Jan. Now they are asking for 2015 earnings details for filing :-S

This post has been edited by lude86: Mar 3 2016, 09:13 PM
SUSDavid83
post Mar 3 2016, 09:31 PM

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QUOTE(lude86 @ Mar 3 2016, 09:11 PM)
Maybe company will give earning for those 4 days? I dont know.
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Employment income == your monthly drawing salary (fixed amount) + OT + fixed allowance (if any)

Your company did pay you those 4 days but they have lumped in together in your January 2016 pay. As I said earlier, it has become part of your 2016 annual income instead of 2015.

QUOTE(lude86 @ Mar 3 2016, 09:12 PM)
No. That I already did in Jan. Now they are asking for 2015 earnings details for filing :-S
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They is who?

This post has been edited by David83: Mar 3 2016, 09:32 PM
LNYC
post Mar 3 2016, 09:38 PM

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QUOTE(lude86 @ Mar 3 2016, 09:12 PM)
No. That I already did in Jan. Now they are asking for 2015 earnings details for filing :-S
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If there is no EA form, how are u going to declare ur 2015 income. you need to have summary and details for the salary submission. For the 4 days salary that lump into 2016, u may put it as tunggakan gaji 2015 later when u file for 2016 tax.

if you are worry for the confusion, LHDN normally opens counter to help people do E-filling, sometimes till night. You may check it out there.
Supergoola
post Mar 3 2016, 09:40 PM

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Helo fellow Lyn..

This year, I have 2 ea forms.. Both ea are from Jan to dec. 15.. But only difrent is 1 from Jan to Aug salary. The other one is sept to Dec salary.

Anyone experienced this before? I just total everything up and treat it like normal e filing or I have to do any extra measure regarding this?
SUSDavid83
post Mar 3 2016, 09:41 PM

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QUOTE(Supergoola @ Mar 3 2016, 09:40 PM)
Helo fellow Lyn..

This year, I have 2 ea forms.. Both ea are from Jan to dec. 15.. But only difrent is 1 from Jan to Aug salary. The other one is sept to Dec salary.

Anyone experienced this before? I just total everything up and treat it like normal e filing or I have to do any extra measure regarding this?
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Combine the figures from both EA form. Remember to change the No Majikan to the most recent company (Sept to Dec).
soultaker
post Mar 3 2016, 09:42 PM

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QUOTE(lude86 @ Mar 3 2016, 05:25 PM)
I have this issue now. I joined a company in Dec 2015 as my first official job. I opened my tax file in Jan 2016 and my first salary in Jan 2016. So, apparently I must file for 2015 by April. But I didn't really earn anything in 2015 (supported by parents/family, then did some work for some friends, they paid me some money but nothing official). Of course I have some money in bank from family, etc.
What to declare for 2015 earnings? RM0?
I'm scared LHDN will ask how I lived and have money in account.  unsure.gif
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if your income is less than RM3k per month, no need to pay tax. You don't have to be scared. I start pay tax after 3-4 years working. Money you get from parent/family is not your income bro. It's donation. Donation no need to pay tax ma.
Supergoola
post Mar 3 2016, 09:45 PM

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QUOTE(David83 @ Mar 3 2016, 09:41 PM)
Combine the figures from both EA form. Remember to change the No Majikan to the most recent company (Sept to Dec).
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Thanks bro.. Really appreciate this..
hcfoo
post Mar 3 2016, 09:49 PM

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Waiting for tax refund at this time every year
SUSDavid83
post Mar 3 2016, 09:50 PM

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QUOTE(soultaker @ Mar 3 2016, 09:42 PM)
if your income is less than RM3k per month, no need to pay tax. You don't have to be scared. I start pay tax after 3-4 years working. Money you get from parent/family is not your income bro. It's donation. Donation no need to pay tax ma.
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He just needs to know and understand types of taxable income:

Perniagaan atau profession
Penggajian
Dividen
Faedah
Diskaun
Sewa
Royalti
Premium
Pencen
Anuiti
Lain-lain

URL: http://www.hasil.gov.my/bt_goindex.php?bt_...=5000&bt_sequ=4

He can also read NOTA PENERANGAN BE 2015

This post has been edited by David83: Mar 3 2016, 09:57 PM
soultaker
post Mar 3 2016, 09:56 PM

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QUOTE(David83 @ Mar 3 2016, 09:50 PM)
He just needs to know what is taxable income type:

Perniagaan atau profession
Penggajian
Dividen
Faedah
Diskaun
Sewa
Royalti
Premium
Pencen
Anuiti
Lain-lain

URL: http://www.hasil.gov.my/bt_goindex.php?bt_...=5000&bt_sequ=4

He can also read NOTA PENERANGAN BE 2015
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Yes, good info. thumbsup.gif
SUSDavid83
post Mar 3 2016, 09:58 PM

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QUOTE(soultaker @ Mar 3 2016, 09:56 PM)
Yes, good info.  thumbsup.gif
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If you inherit money from your late parents/grandparents, that is subjected to inheritance tax which is out of scope from here. whistling.gif

Doesn't consider as donation aka derma! laugh.gif

This post has been edited by David83: Mar 3 2016, 09:58 PM
soultaker
post Mar 3 2016, 10:00 PM

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QUOTE(David83 @ Mar 3 2016, 09:58 PM)
If you inherit money from your late parents/grandparents, that is subjected to inheritance tax which is out of scope from here. whistling.gif

Doesn't consider as donation aka derma! laugh.gif
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Haha. BTW, how about last year tax? You guys got extra tax paid? I haven't submit mine yet, gonna do it maybe tonite.
SUSDavid83
post Mar 3 2016, 10:01 PM

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QUOTE(soultaker @ Mar 3 2016, 10:00 PM)
Haha. BTW, how about last year tax? You guys got extra tax paid? I haven't submit mine yet, gonna do it maybe tonite.
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Definitely you had paid extra because there's a RM 2k special relief for YA 2015 only!

*Annual aggregate income is up to RM 96k

This post has been edited by David83: Mar 3 2016, 10:06 PM
soultaker
post Mar 3 2016, 10:04 PM

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QUOTE(David83 @ Mar 3 2016, 10:01 PM)
Definitely you had paid extra because there's a RM 2k special relief for YA 2015 only!

*Annual taxable is up to RM 96k
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Isn't that for people with income less than RM8k per month?
SUSDavid83
post Mar 3 2016, 10:05 PM

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QUOTE(soultaker @ Mar 3 2016, 10:04 PM)
Isn't that for people with income less than RM8k per month?
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More accurate is annual Annual aggregate income <= RM 96k

Sorry for the confusion!

This post has been edited by David83: Mar 3 2016, 10:06 PM
soultaker
post Mar 3 2016, 10:10 PM

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QUOTE(David83 @ Mar 3 2016, 10:05 PM)
More accurate is annual Annual aggregate income <= RM 96k

Sorry for the confusion!
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May I know is it gross or net income? I might not getting that.

This post has been edited by soultaker: Mar 3 2016, 10:10 PM

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