by right, if it states "shift allowance" inside payslip, u must declare that allowance as taxable as shift allowance is not exempted. You should ask your HR to change it to "shift/meal allowance" to have it exempted. Anyone can correct me if i'm wrong.

My HR changed our "outstation allowance" to "outstation reimbursements" just so that it doesn't count as income.

Please note that rebate is RM350 for 2008 and RM400 is only effective for 2009 income.

Very informative thread!

Barger 1st time paying 5 digits tax to LHDN. Really feel the pain. Basically I've maxed out whatever claims deem legal. No family medical claims because all company covers & parents are still very healthy.

patricktoh,

Now you know earning 10k/mth gross, but actually 7k+ net only (after PCB and EPF)

Lolz... yalo, 5 digits tax really painful... And looking how the gov use our contribution....

Is Optical benefit from company taxable as income ?

How does donation to charity work in Msia? If I donate 1K, does it mean I don't have to pay 1K worth of taxes? If not, how much is excluded per K of donation?

Donation to charity (only those with the status for tax exemption) is only deductable on taxable income.

e.g. ur tax bracket is 24%, you donate RM 1000 to Mercy Msia.
Ur total deduction on tax = 1000 * 24% = RM 240.

Anyway, good to donate if you can help.

Unhealthy scene in M'sia is that we have about 10 millions empoyees but only 1.1 million (11%) of them "qualified" to pay income tax!!!

My suggestion is reduce tax bracket by 5% then introduce 5% goods sales tax (GST). So that less people including foreign workers could evade tax.

I think maximum donation allow to deduct (not rebate) is RM6k/year only.

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Added on April 2, 2009, 12:26 pmGST is good. It is fair to everyone. You spend/buy, you pay. I thought it was supposed to implement in MY in 2008 ??


This post has been edited by cute_boboi: Apr 2 2009, 12:26 PM

GST is good if you look at this side.

But if GST is implemented, I can guarantee inflation will be skyrocketing, which in the end of the day, it is the poor one suffer the most.

At current structure, lower income group doesn't pay the tax and rich one pay more. But if GST is implemented and reduce the personal income tax, it becomes poor and rich one also need to pay tax (even though only you buy more then pay more, but poor one origin doesn't need to pay, has to pay now).

The GST implementation has been suspended indefinitely until gov decide later, primary reason, it will cause a shock inflation effect as mentioned.

It only appears when you select Status: "Kahwin"
In "Tuntutan Pelepasan" page, you will see the field.

This post has been edited by getsmart: Apr 2 2009, 01:38 PM

Poor ? I see those low cost house/flat... mostly has astro and drive non-local Proton/Perodua cars

Well i look at it due to the 'easiness' to get a loan (and 'greediness' of bankers), even 'magic' payslips can get you big valued loans for non-local proton cars..it doesn't proof anything..

the poor are still poor..

Do some research and see which are the best methods for saving your tax. Speak to your C.A as well, you'll get some ideas.

me! me! i need those man... i bought too many comics instead of technical journals. next time, gotta make a deal with the shopkeeper to change the desctiption in the receipt

anyhow, glad to see this thread still alive, esp in april, every year... hehehe

lolz! i already given it to my frens. Think this year target more books receipts and can sell it lo.

Some questions

- Can I claim those mileage claim [petrol and toll] for work related trainings? No petrol card for this purpose
- Let's say I join this company in February 2008, how do I calculate the salary for year 2008?
Main question will be, how to identify the chargeable income? Based on year 2008 pay slip [after deduct overall EPF % and8k personal relief?]
- Usage of EA form?
- RM350 rebate can be deducted if chargeable income is <RM35k starting from year 2008?
- If company provide me cellphone, phone bill and streamyx, can I deduct the amount from the chargeable income? If yes, for those bills are only 11 months right since I joined in Feb 2008?
- Company insurance policy can also be claimed right?
- I bought a DIY pc [with the full PC specs listed in the receipt am I eligible to claim, not sure those officers know this is a full set PC or not ]

Ps: A first timer submitting the first BE

Thanks

Hi,

Yes...we have just released TAXSAYA 2008. This is the First tax software in Malaysia that provides the following:
- Support for Bahasa, English and Chinese languages
- Tax Wizard that guides you through the whole process
- Automatically checks your return for completeness
- AUTOMATICALLY GENERATES THE FINAL BORANG BE + HK3

All this is completely FREE of charge.

PLUS: We also have a tax forum, that is monitored by Tax Professionals....they will take your questions....for FREE!

If you need more, we have a premium version for RM19.90, that provides:
- E-filing integration
- Tax Saver - that looks for more than 30 different ways for you to save tax (the actual number varies between assesments)
- Tax Organiser
- Password protection

Regards
Trevor Keegan
www.taxsaya.com
Malaysia's First FREE Multi-Lingual Tax Software

This post has been edited by Trevor Keegan: Apr 4 2009, 05:30 PM

Hi, Dear all,

I wonder if anyone can assist me on the following :-
I deposited RM 3,000 and opened SPPN account for my children in 2007 which I claimed for tax exemption in 2007 tax return already. Can I still claim for the tax exemption for year 2008 if I did not deposit anymore money in 2008.