Thanks for the info there.

Questions again.

1) Regarding the BE 2007, my employer did deduct on one month of my salary. That speaking, my salary does not reach RM2,500 but at a particular month, i am given an allowance claim which incidentally, made it over RM2,500. Does that mean i still need to declare my BE2007? If i have not declare yet, what shall i do at this point? Will i be fined?

2) Thanks for the tip on the e-filling. Will definitely look into that. Anyway, does LHDN office opens on weekends and until what time? Is there any office nearby KL area?

3) And i would like to know, how much will i be charged for income tax for a specific amount of salary obtained? Is there any chart stating how much will be charged for a certain amount of salary?

Thanks..

1) BE2007 submission is closed already. I'd suggest you to just declare the BE2008 for the last year submission and then there shall be 'back years income undeclared' column. Just fill that in and let me know what happens.

2) LHDN offices are available at their website: HERE

3) Check at the LHDN website and you can get the tax schedule. Or you can download a calculator from my site, the tax schedule is also included. Cheers.

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Added on February 6, 2009, 9:28 amif you did e-filing the year before, you will also not be sent the physical forms anymore.

This post has been edited by attahun: Feb 6 2009, 09:28 AM

Hmm I did not receive BE 2008 .. you mean LHDN will send to me ?? So far I never receive any BE in my 3 year working lol ...

Just notice in e-filing have a deduction for SSPN up to 3,000.
So if have wife and 1 child, can deduct up to 3 + 1 + 3 = 7,000 every year
provided you deposit 3,000 every year into SSPN.

correct.

but do note that if you already claim for that, your wife cannot claim for the 1 kid and SSPN. it would be best to see whose salary is bigger, if your salary is comparable, you can let your wife to take up the claim on children as to minimize her tax, since you already got the claim on wife. SSPN also applies the same way but since SSPN account has a bearer name, not sure whether either father or mother can claim or must be the one with the name.

Thanks for the information there

One more question, i have received my BE already but asking just in case, if i did not receive it, what shall i do? Wait for it to come or i can get it somewhere else?

??? Each taxpayer can claim to max RM3000 for SSPN, So taxpayer can claim RM 3000 and wife also claim RM 3000 if assesment is made seperately.

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Added on February 7, 2009, 12:03 amYou can still file for BE2007 but must be done manually. Either go to the nearest LHDN office and get a BE 2007 or else download pdf format from LHDN website and print with laser printer on A4 size paper(specs are strict). If you are taxable there may be a penalty. If you don't file then you will not be able to claim for your 2007 PCB deduction. DO NOT declare your 2007 income in the arrears section of your 2008 form.

This post has been edited by penangmee: Feb 7 2009, 12:03 AM

i think you should count by total earning of the year and not by monthly salary ...

if not mistaken, if over 27k annual earning then need submit the BE form ...

eventhough ur income is still not subject to tax, u may elect to do the tax filing as well. From all these yearly filing, the IRB will know how much u have earned throught out ur employment and won't challenge u when u wanna to buy a house.

e.g ur monthly income is RM2,500. so the annual income is RM30,000. let say u worked for 10 years at the same level of income. then u already earned RM300,000. and now u wanna to buy a house with cash of RM100,000. then the IRB won't challenge u.

but, let say u never do the tax filing. and now u wanna to buy a house with cash of RM100,000. sure IRB will immediately send the Form BE to u.


for those not received the Form BE from IRB, maybe is because u never register and open the tax file with them. so, i suggest u to let ur HR department to open for u or u personally go to IRB office to do it.

Hi Guys,

Need some advice... From the spreadsheet of attahun, I found that last year i start enter higher tax blacket... the tax is really painful. My income just purely salary from my employment. Basically i oredi maximized my relief legally, books, sport, kwsp, medical insurance, donation, computer (oredi claimed previous year . I think there is no chance for me to reduce my tax for 2008 oredi..

However, i think this year i would kena again. Is there any idea how could i reduce my tax legally?

From my own study:
1. Get a wife and get kids.... Tax relief but more expenses
2. Spend more on medical... company covered oredi.
3. Pay medical for parents... a bit lucky cos parents still healthy

If i pay SSPN for my siblings, could i entitled for tax? (my father still working....)
Or could i make some business then use the kerugian in business to reduce my income??? (i have no idea on this)

This post has been edited by toto4d: Feb 7 2009, 03:41 PM

Is it ok if i categorized relief on childen age below 18,above 18,
relief on notebook,
relief on pursue study
and purchasing books as under educational relief?

Hmm anyone can clarify this ?

since they intro the online submission they wont send to all people already the form ...

if you've maximized the other reliefs (with receipts/proofs, i hope), guess there's not much room for reducing the tax i guess.

You still can donate to charity though...thats a way to reduce the tax bracket by lowering the taxable income.

another method would be to ask your company to give allowance rather than high salary, allowance such as phone allowance, internet allowance and others are not taxable if not mistaken... but this you have to arrange with company.

not all charity got tax deduction

Kekekeke.........Income tax submission againnnnnnnnn

Rugi money just to reduce income tax? You have to be sole proprietor or in perkongsian to do that. Register and keep record will be a bit troublesome, and I don't see point of rugi 100% just to get 20+% back, and it will be illegal to massage the account.

1. marry to the royal family
2. become ADUN , or menteri

then you no need to pay tax

Nope, it is all taxable. Everything come into your pocket is taxable unless stated otherwise, by right, if one collected RM1,000 at the roadside, it is still considered taxable under the law as it is your income.

Even if your company buy you a phone or give the company to drive around or your personal usage instead give you higher salary, it is still taxable under benefit in kind.

Once one has the full tax relief, then pay the tax lor. Actually one should be glad one is paying more tax, as it just means you are making more money.

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Added on February 8, 2009, 2:59 pmAll including Adun, menteri or PM also need to pay tax.

Please don't treat the finance section as ranting place or kopitiam talk. Occassion making fun in between seems no harm done, but constantly doing it will be seen as spamming.

This post has been edited by cherroy: Feb 8 2009, 03:01 PM

Hehe.... ya, seems like very difficult to reduce the tax... nvm lo, become good citizen.

cherroy : For 2009, there are few more items add-on for the tax relief. This was announced in the 2009 Budget. e.g. relief up to Rm 2400 for transport allowance. Mean if your company pay you transport allowance, u can at get tax-exemption for the RM 2400, the remaining will be taxable as normal.

I am glad that my company did respond to that and give us transport allowance start this year, but it's difficult to ask for other allowances to swap my current pay as HR system in my company quite rigid. Not much changes can be made.

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Added on February 8, 2009, 3:55 pmYupe, need to make sure the donation is entitled for tax-exemption. I like Mercy cos they really do the job and they will issue a receipt for us to get the tax relief.

This post has been edited by toto4d: Feb 8 2009, 03:55 PM