about the sports equipment deduction. Can i know what can equipment does it refer? If i buy sport shoes, badminton racket/shuttle. Does this consider?

just submited my tax return thru e-filing got overpaid

As stated in the Nota Penerangan BE, sports equipment includes any equipment for sports, and also short span equipment such as shuttle or golf balls BUT excluding sports wear such as shoes or sports shirts.

I think that simply means, anything you wear can't be claim. Anything you used can be claim.

2008/2009 Malaysian Tax Relief

Section 46
a) Personal relief : RM8000
b) (i) Medical expense for parents : RM5000 (max)
(ii) Medical expense for taxpayer(you), spouse and children in respect of serious diseases (including expense on a complete medical examination RM500) : RM5000 (max)*
c) Basic supporting equipment(i.e. wheelchairs, crutches for disabled taxpayers, spouse or child) : RM 5000
d) Disabled tax payer(Hopefully you don't make yourself one) : RM6000
e) Fees for education in law, accounting, technological, vocational or industrial fields scientific and ICT : RM5000(max)
f) Purchase of books, journals, magazines : RM1000 (max)
g) Purchase of sports equipment : 300 (max)
h) Relief for purchase of personal computer (once every 3 years) : RM3000 (max)

Section 47
a) Spouse relief : RM3000
b) Disabled individual - additional relief for self : RM6000
c) Alimony payment(only males can claim) : RM 3000
d) Disabled person - additional spouse relief : RM 3500

Section 48
This section covers reliefs related to your child/children

a) Normal relief (below 18 years of age): RM1000 per child
b) Per physically / mentally disabled child : RM5000
c) With effect from year of assessment 2006 and thereafter, per child (over 18 years of age) :
1) For child studying in overseas (degree level and above) : RM4000
2) For child studying in local institution (Diploma level and above) : RM4000
d) Disabled child satisfying criteria (c ) above : RM9000

Section 49
a) EPF & Life insurance premium : RM6000 (max)
b) Medical and education premium : RM 3000 (max)
c) Premium on annuity purchased under EPF annuity scheme : RM1000 (max)

Section 6A
Rebate for resident individuals. If resident individual's chargeable income is less than RM35000,
rebate granted is deducted from tax charged and any excess is not refundable.
Amount of rebate
- where husband and wife are jointly assessed:
Individual : RM400
Wife/husband : RM400
- where husband and wife are separately assessed:
Amount available to each, as an individual : RM400

This post has been edited by babychai: Mar 19 2009, 10:34 PM

nice..good job!

hi all,

i would like to know if my company given me petrol card for work and additional of RM 600/mth for car allowance, is this RM 600/mth taxable?
thank you

1) Petrol card/petrol/travel allowances between home and work place is exempted up to RM2400 p.a.
2) If for official duties is exempted up to RM6000 p.a
3) Parking fees/allowances : fully exempted

refer 3 case above & u'll know~

is there an age requirement to pay tax? just curious

baby chai,

i dun understand la..

coz that rm 600/mth actually is considered as part of our salary also...

so can i consider it as official use whereby i can claim till rm 6000/yr and claim the rest of rm1200/yr under travel allowance between home and office???

coz parking is reimbursable and petrol, i just use company's petrol card.

thanks.

This post has been edited by spiderwick: Mar 21 2009, 09:23 PM

can but u have to make arrangement between u & yr employer and yr employer agreed with it. tell yr boss that u want to treat rm500 per mth is for official duties and rm100 per mth is for allowances between home & work.

Normally big company got give travel allowances between home & office. small company seldom one.

Since yr parking is reimburseable, so u r not taxed on the amount received. but make sure u keep ALL the parking receipts.

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Added on March 22, 2009, 1:02 amhmmm....i think when u reached school leaving age and yr salary is taxable then u'll require to pay tax liao. but not 100% sure about this.

this 1 got any law to refer or not ah?

any1 can help ah

This post has been edited by babychai: Mar 22 2009, 01:02 AM

Last year they paid me back RM124 but it seem like I had to pay them RM400+ back this year. Life sucks...

I should have hold back my computer claims... it would cost me the extra return in 2007 but I would just enough avoid paying anything. Damn!!!

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Added on March 23, 2009, 9:13 pmBTW,

Who said signing a hire&purchase can reduce income tax? Can show me?

This post has been edited by andrekua: Mar 23 2009, 09:13 PM

does this means if my chargeable income is RM36000, i wont get the RM400?

This does not appear on the e-Borang, but there is a space for individual and dependent relatives that is filled in by default for RM8,000.00. Should I just increase this to RM11,000.00 to account for my wife if doing a joint assessment?

yes

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Added on March 25, 2009, 5:48 pmno you should not increase it. maintain it at RM8,000. then there is another clause which gives relieve of RM3000 for wife - 'D9'

This post has been edited by attahun: Mar 25 2009, 05:48 PM

thanks so much for the explanation & the wonderful calculator!

no prob. cheers.

First of all, I want to thank you all for sharing such useful information. It has been most educational and helpful.

However, I'm still pretty lost on the part that says:
Employers’ own services provided free or at a discount provided such benefits are not transferable (No Limit)

What does it mean? If I buy goods from my company for personal use... it's deductable? All I need is the invoice?

Thank you for your time.

Refer post #87 here .

Is shift allowance same as meal allowance?

I work on shift and there is allowance of RM20/day.

(a) Employers’ own services provided full or at discount : fully exempted (use all the services provided and u still not taxable)

(b) Employers’ goods provided free or at a discount : up to RM1000 is tax exempted (goods exceeded RM1k only taxable)

keep all the invoices/bills as supporting documents~