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 Personal relief Income tax, legally, reduce income tax

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TSlucifah
post Mar 19 2018, 11:01 PM

St. Fu
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From: Soviet Sarawak


QUOTE(David83 @ Mar 19 2018, 06:11 PM)
Cannot.

It's risk in the case of audit.
Well, if audit, pay the fine.
Human tends to be risk taking and like challenges even though asked not to do so.

Yesterday, we had a forumer who asked about claiming PRS even without contributing.
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Not just the fine

You still have to pay the taxes due for that amount

And then your file will be strictly monitored for the next few yewrs

Worse is if they start to doubt your filing and suspect tax evasion on your part. Then that time, habis lo.

The forumer who tries to claim PRS even though he didnt contribute is outright stupid. But hey, everybadi has their own risk tolerance


TSlucifah
post Mar 19 2018, 11:02 PM

St. Fu
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QUOTE(eggtart02 @ Mar 19 2018, 06:46 PM)
Thanks David! Yes some people told me to include but I'm worried if it really happens.  :thumbsup:
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If in doubt, then do not claim.

Thats the golden rule any good accountant will advise you


TSlucifah
post Apr 11 2018, 09:14 PM

St. Fu
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From: Soviet Sarawak


QUOTE(guanteik @ Apr 11 2018, 02:31 PM)
LOL, perhaps they would revise the last day of paying the taxes to end of May instead.
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no

30 april is for manual submission

e filing users gets an extra 15 more days

that's been the way since few yrs ago, from the time where most people submit the tax returns manually, by post or by hand


TSlucifah
post Apr 23 2018, 09:47 PM

St. Fu
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From: Soviet Sarawak


QUOTE(iamnew @ Apr 23 2018, 09:38 PM)
Help guys! If i am an employee for a company and i do part-time business (registered as sole-proprieter) , should i do e-filing for part time business and if yes which borang? Borang e-be (tiada punca perniagaan) or borang be (ada punca perniagaan)?

I tried borang be but it says:  ""Anda telah menukar jenis borang dari e-BE kepada e-B. Semua maklumat pendapatan dan HK-6 (sekiranya ada) akan dihapuskan.
  Sila klik OK untuk teruskan atau klik BATAL untuk membuat pilihan e-borang yang lain.""

HELPPP ...
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Yes, by right should convert to Form B then ur employment income will be put under additional income
TSlucifah
post Dec 28 2019, 10:52 AM

St. Fu
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From: Soviet Sarawak


QUOTE(MUM @ Dec 28 2019, 01:37 AM)
The 3 yrs once on computer is "old" tax relief... Now is under lifestyle... Check the compare hero article again for when it was written?
My wild guess is...
Tax rebate is deducted net off tax amount,
Tax relief is deducted from gross income
Now on hp cannot Google... If you want to know precisely the different... Google tax rebate n tax relief
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tax relief = minus whatever on your CHARGEABLE amount

tax rebate = minust whatever amount on your tax

so tax rebate is more valuable than tax relief most of the time

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