URL: http://www.hasil.gov.my/goindex.php?kump=5...3&unit=1&sequ=1

You meant that you're planning to claim for last year (2010) computer purchase relief in YA2011? Possible?

This post has been edited by David83: Mar 17 2011, 10:09 PM

Cannot.




This post has been edited by David83: Mar 20 2011, 10:14 AM

I don't think so.



URL: http://www.utusan.com.my/utusan/info.asp?y...mi&pg=ek_04.htm

This post has been edited by David83: Mar 20 2011, 10:58 PM

My point is not about those suggestions but the explanation on the current relief/rebate.

His question is on medical insurance. Refer to my earlier post.

Original receipts are more important. Must keep it.

Is it a life/medical/education insurance plan?

Nope because it's not medicine prescribed by medical practitioner.

They're not tax expert. Always refer back to LHDN website or other reliable sources.





This post has been edited by David83: Apr 20 2011, 11:48 PM

Refer to: http://www.hasil.gov.my/pdf/pdfam/PUA_344_2010_2.pdf

No.

Personal income tax. The receipt should be addressed to the name whom the relief is claimed from.

This post has been edited by David83: May 25 2011, 07:31 PM

Mother-in-law is entitled? I thought only parents.

Sorry my memory is not strong to remember the details. It may get expanded.

I received an email from HR regarding this:

May I know what does this mean? I see a lot of stars!

May I know what is BIK? I'm still unclear over this as this term is my first time encounter such entry.

This post has been edited by David83: Jan 13 2012, 11:01 PM

Tuition fee no.

But you can claim for child relief under ANAK - 18 TAHUN DAN KE ATAS YANG MASIH BELAJAR



Books yes.



This post has been edited by David83: Apr 9 2012, 09:48 PM

It does not have to be taxing

Many taxpayers are still in doubt over deductible claims. Here are more advice from the Inland Revenue Board to ease taxpayers' worries.

ONE difficulty when filing one's taxes is the differing interpretations of the Income Tax Act provisions. Then there are the amendments or new reliefs introduced every year.

Last week, capital gains tax became a point of contention. According to the IRB, the net profit gained from the share market is taxable if the transaction is done repeatedly.

However, as one reader wrote in, most people are of the view that capital gains from stock investing in Malaysia are not taxable, a perception that is propagated on the Internet.

This is the IRB's further clarification on the perplexing issue. Profits derived from dabbling in the share market is an adventure in the nature of trade and is taxable as a business income if some characteristics of the badges of trade as follows exist: profit-making motive such as engaging the service of a portfolio manager; assets were purchased with the intention of selling for profit; and the period of ownership

For example, a short period of ownership can denote trading of shares when trading of shares is the main source of income for the stock broker/remisier. Another is the frequency of transactions where transactions are found to be one of the series, that is repeated or similar, arising from a pattern of activity.

From the facts given, IRB is of the opinion that the income derived from dabbling of shares in the shares market is not in the nature of trade and not taxable as a business income under section 4(a), Income Tax Act 1967. However, it might be taxed under other gain or profit under section 4(f) of the Income Tax Act 1967 if such activity is carried out frequently.

For further confirmation, please contact the nearest IRB office with your supporting documents. Currently, there is no threshold amount for exemption.

URL: http://thestar.com.my/news/story.asp?file=...9510&sec=nation

It's not directly deducted from your overall tax.

It's under tax relief which will reduce your chargeable/taxable income.

Wheel chair. Hearing aid maybe.

Both also no.

For full medical check up: