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

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ConquerorX
post Jan 10 2016, 03:36 PM

GeN™
*******
Senior Member
2,655 posts

Joined: Jan 2003
From: Kuala Lumpur


Hi All,

I plan to register a company name to start off with some online freelancing services. It will be a sole proprietary ownership and I'll issue invoices for the services.

May I know in terms of bookeeping, especially the income tax, what would be the best approach? I'm not worried about the GST because obviously, the income would not be as high as the requirements.

Any suggestion, ideas of approach are much appreciated notworthy.gif
ConquerorX
post Mar 21 2016, 12:54 PM

GeN™
*******
Senior Member
2,655 posts

Joined: Jan 2003
From: Kuala Lumpur


Hello,

I'm not sure if anyone faces this question before. I'm currently working in SG since YR2015 Jun, and my last day of working in MSIA was YR2015 May. Therefore, am I considered as Resident Tax for YR2015 assessment?

Upon reading http://www.hasil.gov.my/pdf/pdfam/individual.pdf - I am considered as Resident Tax based on 1©

"he is in Malaysia in that basis year for a period or periods
amounting in all to ninety days or more, having been with
respect to each of any three of the basis years for the four years
of assessment immediately preceding that particular year of
assessment either—
(i) resident in Malaysia within the meaning of this Act for the
basis year in question; or
(ii) in Malaysia for a period or periods amounting in all to ninety
days or more in the basis year in question;"

I did call up to LHDN customer care and wasn't told any of the above condition, but only a mere answer that I can still submit my EA (Jan-May 2015) and attach supporting document from SG Revenue Board (Jun-Dec 2015).

Anyone faced the same situation? If so, did you manage to get different answer from LHDN? notworthy.gif

 

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