I'm buying a laptop and a desktop at one go, obviosly it's gonna cost more than 3k..

can I submit the maximum amount?

thanks

If not mistaken, the computer tax relied only eligible for one full set of computer.

J' Daniel,

Under the current tax declaration system, it is the responsibility of the tax payer to make sure all the info and data declared is accurate. Normally the IRB won't come to check your supporting. But, if they noticed you have under declared the income, maybe from other sources. e.g u bought a very expensive property which ur declared income can't afford it. then they will come to knock ur door. by the time, they will give u simple calculation to show u ur income doesn't matched with ur property. and then they will give u some times to prepare the tax computation and declare accordingly. so, if the tax payable computed is much higher than previously u declared, u will kena penalty and if is serious, u kena masuk lokap lar.

so, my advise is dun play play with them. anyway, u could try to reduce ur tax payable by doing some tax planning. pls let me know if u need our help. we have an accounting and tax firm located at Damansara Utama. thanks.

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Added on January 17, 2009, 3:47 pmJ' Daniel,

by the way, urs is enterprise or Sdn Bhd?

Let me assuming it was a Sdn Bhd and my point is:

this is considered as backlog cases already. the IRB will find u in one day. could be not now, but maybe within next few years. by that time, they would allow u to have sometime to prepare ur company accounts book keeping. and then send to auditor for audit and then tax agent to prepare the tax computation for tax filing. u may negotiate with the IRB officer a schedule to submit all the late cases.

but in ur tax filing later on which find out need to pay tax, the IRB will fine u. if is serious, then kena masuk lokap juga......


if it was an enterprise, more or less the same as above. just that dun need send for audit.


pls let me know if u need us to help u on the tax filing. thanks.


This post has been edited by kswong77: Jan 17 2009, 03:47 PM

if PCB refund, very fast from my experience.. like within 2 months time..if that's what u meant..

hi all, i would like to ask the tax gurus here about my situation,


i have 3 separate job incomes and for some years i have only declared 2 of them due to the last one always giving the ea form late ie after april. the 3rd income is reflected in the epf. recently i bought 2 properties and the combined downpayment equals to around 40 to 50 % of my declared income over maybe 5 years combined. is the lhdn gonna fine me gao gao or seeing my downpayment is still kinda reasonable just gonna leave me? i intend to declare all 3 this year by the way...

thanks

I got an assignment to do.
The topic is on personal relief,whether it is enough or not..
I am going to conduct a survey on that topic
but then I got no idea to ask in my questionnaire...
anyone could help me...

Seem like very serious case

But I see like majority of my colleague doesn't even bother about income tax thingy, in MNC somemore

I went to LHDN yesterday ... BE 2006 and 2007 have to submit manual.
I ask for the pin, they say April only got ... each pin valid for a year onli

normally if manual submit, just give the BE will do ? Do i need to wait for their feedback or whatever thing ?

Will be filling income tax for next year.

before 30th April ..

If i have 3 houses which yield rent do i need to put in income tax thing??

Yes, whatever that is not classified as tax-exempted income, all income are deemed taxable which you need to declare.

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Added on January 31, 2009, 9:59 amNow all are under self-asssessment.

You don't wait their feedback to submit, it is your responsible to do so.

This post has been edited by cherroy: Jan 31 2009, 09:59 AM

just updated my income tax calculator, have a look at it (refer my signature) to prepare for the upcoming e-filing. hehehe

after submission, thats all...if LHDN finds any irregularities, they will call for audit. by the way, you cannot claim back the excess PCB if they find any issues with your tax submission.

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Added on January 31, 2009, 11:45 amwell for starters you can check out how did the government came up with the RM8000 personal relief? given the cost of living such as house rent, fuel costs, internet, phones, etc etc they should revise that by now..

there are also other reliefs which can be checked out like RM3000 only for education fund, RM300 only for sports equipment.. hope you can come up with a good questionnaire that might be able to forward to the government the results...heheh..good luck.

This post has been edited by attahun: Jan 31 2009, 11:49 AM

Thanks all !

What I mean is, after I submit ... do I need to wait their feedback ?

Do I get to confirm on my rebate instantly ?

thanks attahun..

one more Q,
the min salary that should pay tax?

2009 got new pcb table already

If you intend to ask whether the current personal relief (8K) is enough or not, I don't think you need to do a survey. I can assure you, the answer will be 99.9% not enough, haha.

Think you have to probe into rationale of government introduce the relief (e.g. computer to encourage people go blogging etc, if that's the purpose, I not sure about their rationale ), then check the time they implement and study the trend of inflation, tax rate, environment etc. Then only you can start argue of sufficient of such relief. From there without survey you already can write a book loh

Agree with cherroy on the survey thing, no one will have enough relief, if you have enough, mind transfer some to me... haha...

I believed the LHDN collections will be lesser this year, many companies will be declaring lower taxable income for YA 2008. Some will deliberately declare lower, in-line with the economy.

Their officers will have a lot of work on their hands.

i take frens receipt and claim ... =)

Would like to know that for personal dental treatment (non-cosmetic) is one of the income tax relief? (some people told me it is)