Some say it's not automatic extension BUT allowed to request for extension.
Best to clarify with IRB... why procastinate to submit ?

What book you buy 1000 each year?

book relief MAX is Rm1000, not RM500...

This is the part which i don understand . Does is mean that if my total taxable income is rm 20000 and minus my sports equipment purchase Rm 300 it will be Rm 19700? So my savings will be 27% of the RM 300 right?

No extension... the 15 May 2012 deadline is for special on-request cases only.

Why not?

At 3) i dont get what does this mean? Im employed and how to give to family employees?

4.) does church donations counted? And temple donations? Some people are donating a lot for this every month, is like RM150-200 in some cases.

And as for hire purchase, does vehicle entitled a reduction? i don't see any columns/field in the tax deduction form there. Sorry im kinda tax-idiot

4) Only those donation that has applied for LHDN tax relief can. Other ordinary donation cannot.

No hire purchase on vehicle has no tax relief.

Just claim..They wont check so thoroughly..
In the event they check, just say u thought can claim n etc etc..
Not so strict..

---

Added on May 4, 2012, 11:08 am

Just claim..

how is it coming along for 2014?

Did u ever think in the end you are spending more unnecessary than paying the tax? As far as I know it is only deduct your taxable income which is about few percent up to 20+%.

I mean for example if you dont need the stuff but buy to reduce tax u might be spending more than giving the tax to gommen. FOr example u spend rm1000 to reduce the tax then reduce until pay rm0 for tax. But if u not spend then just pay tax, u might only need pay rm300. In the end u net gain rm700. COrrect?
Is the pay famly members hgih salary in business thing only applicable to sdn bhd? Is it able to do for sole proprietor?
How can free expenses paid? U still need pay for the holiday but only reduce the taxable income.

Hi all,

I started a sole proprietor company last year end and I need someone advise on the below queries:

1. What company expenses can be claim under the sole proprietor company? Petrol and etc??

2. I have added money into the current account to purchase stocks. For now, can I claim the exact amount of money I added since it was used to purchase stocks?

3. For sole proprietor company, when is the financial year? any deadline? and what should I shows in the report? How much will incur tax? In this case, do I need to file under personal income tax or company tax? I am so confused.

4. Can I use the current account (Sole proprietor) money for personal use? PTPTN, bills, and personal purchase?

I really appreciate if any one of you could advise me on this matters.

Thanks!

Good morning, I would like to ask say if I bought IPad on year 2012 and claimed for the relief, so if I buy another iPad now can I claim for my tax relief for year 2015? Can't really understand how the three years per unit works.

Adalah dimaklumkan bahawa Kementerian Kewangan melalui surat
bertarikh 20 Mac 2013 telah memutuskan kelayakan potongan cukai
pendapatan individu bagi pembelian komputer peribadi seperti yang
diperuntukkan di bawah perenggan 46(1)(j), Akta Cukai Pendapatan
1967 adalah komputer meja dan komputer riba, Notebook dan Ultrabook
yang digunakan bukan untuk tujuan perniagaan.

Dengan itu, kelayakan potongan cukai pendapatan ini tidak meliputi
pembelian peralatan yang berkeupayaan mengendalikan fungsi
komputer seperti tablet dan telefon bimbit.

Walau bagaimanapun sebagai konsesi, tuntutan untuk potongan selain
daripada komputer meja, komputer riba, Notebook dan Ultrabook yang
telah dibuat sehingga Tahun Taksiran 2012 tidak akan ditarik balik.
Layanan cukai untuk tuntutan potongan seperti di atas adalah
berkuatkuasa mulai Tahun Taksiran 2013

Hi,
I want to claim the

"Pembelian alat sokongan asas untuk kegunaan sendiri, suami /
isteri, anak atau ibu bapa yang kurang upaya dibenarkan sebagai
potongan terhad kepada RM5,000. Alat sokongan asas termasuk
mesin haemodialysis, kerusi roda, kaki palsu dan alat
pendengaran tetapi tidak termasuk cermin dan kanta mata.
Perenggan 46(1)(d)"

The receipt of the hearing aid is under my father's name. Can I still claim? Or it has to be under my name?

i own a sole prop , if i pay myself EPF by "skim simpanan persaraan 1 malaysia"
, is it means that i can get tax relief up to RM 6000??
thx.

bang plis update first post with tax relief for 2016 2017..

If the SSPN statement for income tax purpose is not even a proof then how do we even proof to LHDN for this relief? Kindly explain.

Only the net savings is given tax relief.

Honestly I don't even think it's a problem.

Personal tax relief is limited and maybe only a few would be able to claim every single tax relief to the max.

Unless the said person it's doing a business then maybe there's more way to do it but not through tax relief.

Cheers.

Computer is not tablet. Computer can claim up to 3k every 3 years. Kindle I think should be claimable just like books - 1k every year maximum.

Where got loophole on the description? See attached sample for year 2015.

All this while sspn tax relief is only applicable to the net saving amount. If they really want to audit then they just need the annual statement will do, that consist of in and out transactions, that also the straightforward way to determine the "net saving amount".

[attachmentid=8486025]
[attachmentid=8486007]
2016

[attachmentid=8486024]
[attachmentid=8486008]
2017

Judge for yourself.

Edit: As per PTPTN officer, the terms will be change from time to time so in future we might not be able to withdraw. Keep this in mind.

It has always been Net Savings. There's no loophole to start with.