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

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JohnnyDicaprio
post Jan 30 2016, 09:45 PM

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Junior Member
21 posts

Joined: Sep 2011
QUOTE(vans1088 @ Jan 30 2016, 06:12 PM)
Hi,

Can anyone advise how this PCB is calculated?

December 2015

M12000-EPF 11% (RM1320) - PCB (RM1295) - SOCSO (RM14.75) = RM9370.25

January 2016

RM12000- EPF 11%(RM1320) - PCB(RM1571.70) - SOCSO (RM14.75) = RM9093.55

On the latest 2016 PCB table it shows this :

RM12000-RM1320 = RM10680

RM10676 - RM10680 = 1374.85

Can anyone advice on this?
*
Maximum tax relief for epf is 6000

Your calculation should be

12000-(6000/12) = 11500

 

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