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Income Tax Issues v4, Scope: e-BE and eB only
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audy
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Jan 22 2016, 08:16 PM
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I did a check on the PCB 2016 table for the tax deduction on my salary range and noticed that the amount is actually higher than my income tax amt for 2015. The difference is about RM100. How is this possible? I thought the tax amt is supposed to reduce with the Budget 2016.
FYI, every year I get tax refund from IRB so it is definitely not because my company under deduct the monthly tax.
Anyone know a possible explanation?
This post has been edited by audy: Jan 22 2016, 08:16 PM
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audy
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Jan 25 2016, 12:56 AM
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QUOTE(rapple @ Jan 23 2016, 02:51 PM) Do you have extra income during that month like bonus/allowances? The PCB difference should not be that huge unless you have a huge increase in your pay. If got bonus definitely there's an increase in tax deduction what I'm curious is the rate in the 2016 PCB table is higher than my normal salary monthly tax deduction. I thought would be lower as stated in Budget 2015 & 2016. Im very sure my company didnt under deduct 😄 since I do get tax refund. Anyway no big deal. Was just asking.
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