Hi all, I got a question regarding income tax, sorry if this has been asked before.

Usually as an employee your salary is fixed, and by your payslip you know how much is being deducted for income tax every month. Say I go solo and start my own freelance business as a sole proprietor, but my monthly income is unstable. Example like: One month you earn 3k, and the next 1k. How do I calculate the income tax and do I have to pay monthly? Can it be paid yearly?

Thanks.

I see. So that means no need to pay tax for the first year? Every year LHDN will send CP500?

Hi all,

Got a random question regarding,

"6.10.2 As the business operations are carried on outside Malaysia, the income is deemed not to be derived from Malaysia and thus not
subject to tax in Malaysia."

http://phl.hasil.gov.my/pdf/pdfam/GUIDELIN...IC_COMMERCE.pdf

If so, do we still need to fill in ezhasil every year as usual? Thanks in advance.

Very very sorry for the super late reply, actually I haven't started doing my business yet so I'm asking out of curiosity. About my profession, I'm a 3d artist looking to go freelance on sites like Fiverr or Upwork. From what I see, many of the clients on those sites are from other countries. If I do receive payment from such clients, is still considered income derived from Malaysia?

Hey guys, I have a few questions regarding income tax:

1) For starting a business (sole proprietor), do I need to register new tax file, or can I just use my existing one?

2) If I commence my business Jan 2022, do i need to file income tax for the business in June?

Great, thanks

Edit: Oh ya, one more thing. I have recently quit my job last month and plan to buy a laptop sometime next month. Will I still be able to claim for income tax?

This post has been edited by Genexil: Nov 12 2021, 09:59 AM

Hi all,

I left my job around October, and started a freelance business this month. What form should I use for income tax filing next year?

Ah I see, thank you!

Thank you very much!

Hi thanks for chiming in. My business is registered under SSM.

Ok, so I went and emailed an enquiry from LHDN about this issue, they replied and advised me to fill in form B, for employment, commission, and freelance business income.