May 1 2016, 10:33 AM
QUOTE(danieljaya @ Apr 30 2016, 01:28 PM)
You can always do a properly planning in structuring your remuneration into such a structure to the allowance.
In term of saving of taxes is depends in the end of the final tax rate that applies varies from 1%-25% for YA 2015 and 1%-28% for YA 2016.
In term of saving of taxes is depends in the end of the final tax rate that applies varies from 1%-25% for YA 2015 and 1%-28% for YA 2016.
QUOTE(wil-i-am @ Apr 30 2016, 04:25 PM)
Yes
QUOTE(nexona88 @ Apr 30 2016, 05:40 PM)
yes 
QUOTE(MGM @ May 1 2016, 06:05 AM)
Yes, n there r other allowances like meal allowance.
danieljaya wil-i-am nexona88 MGMDoes this meant that as long as it stated in payslip (e.g PLUS allowance : RM600, Petrol allowance : RM600) then i can claim ?
Provided that
1) Even i not utilized the whole RM600, take in this case, i pump only RM500 petrol that month
2) In your EA statement, this allowance actually does not record under "tax exemption" amount, instead they write under "taxable amount"
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