i want to know more bout the criteria u stated...
how to deduct the EPF? buy share also can deduct?

If my sister pay for my parents medical bill, can i claim it as relief for my tax?

My sister won't file the relief for those bills.

can as long as the receipt doesn't have your sister name

Pay tax online

http://hasil.org.my/melayu/bm_index.asp

But some of the bills, she paid by credit card.

However inside the bills, they only mentioned credit card but not name, not sure whether they will go to the extent to check the name.

if don't have sister name just waive it ...

or if they check, you can argue that you the one pay the money but using sister's credit card ...

Hi All, in year 2008 i got an incentive from my company which is for recommend a Friend to work in my company. My HR included that amount in my Elaun, Tips Kasar section.

Is this amount is taxable?? i read the pdf, and it stated amount not exceed RM2k should not be taxable. What can i do? manual deduct out from the elaun amount?

Hi Trevor, I finally get to look at the new EA Form and there was a G section for the tax exempt.

Assuming i have allowance A, B and C, whereby only A and B is exempted.

Originally, my EA form Section B, is a total of

1. Salary
2. Allowance total of A,B,C

which total to be my taxable income.

So if im declaring my allowance A and B (since it is exempted now) to section G. Does the Section B allowance still show a total of A, B, C or just only C? from what you mentioned above, i gather that it should still show the total of A, B, C. Then if i take the total income at Section B, i'm still being tax at a higher income. Do i manually deduct my income before putting into e-BE form?

Also, my HR say something is not so easy and u need to justify i rili use that amount.. like your distance from home, monthly usage of ur mobile etc etc.. i was wondering, since it is a fixed allowance, why do I still need to justify. All along i only know that if you wanna claim variable allowance, you only need to have receipt to justify it.

thanks

This post has been edited by exshige: Apr 21 2009, 11:21 AM

for D7: Pemeriksaan perubatan penuh atas diri sendiri,
suami / isteri atau anak (terhad 500)
can i know what kind of document needed? i got blood test. Does it apply?

May i know earnings from my company's stock options can be exempted for year 2008?

This post has been edited by harrychoo: Apr 21 2009, 02:56 PM

You need to do the medical examination at approved hospitals which include ECG, X-Ray, blood test.
It cost approx >RM500 per examination

starting Year of Assesment 2008, u can claim up to Rm300 for sports equipments...
including shuttlecock, or tennis ball and other sports equipments.. but not attires.

Do you mind to share where can find info about this? where can we find the info about approved hospital?

if i do it with the General private clinic. Does it applicable?

any hospital would be ok, as long as full medical checkup not partial

how about vaccination??? for hep A, B, C??? are they tax deductable?

Nope...

What is A, B and C's description ?
Section B should never show A+B+C... it should show C only.
Section G should show A+B
Get HR to fix the EA form. LHDN will use your EA form as reference during audit. Fix the root problem not cover it.

Since it's fixed allowance, there's no need to justify.
Your HR is not helping employee's taxes when preparing the EA form... lazy HR I would say.

As long as the Company is declaring taxable dividend, you must declare your dividend income at gross. However, you are entitled to a Section 110 rebate. If your effective tax rate is higher than corporate tax rate, you have to top it up, if lower, you get a refund.

EPF deduction is on the amount that you've contributed to EPF every month. Refer to your EA form for details.

No.

This is call looking for trouble.

To the best of my knowledge, there is no exemption on incentive given. Can I know specifcally where you get the RM2k exemption from? Your incentive of is taxable in full in my books.

The exemption on allowance is a concession by the IRB supposingly to reduce the admin burden on tracking the allowance. This is to say, specifically, as an example, you're given travelling allowance of RM2k for you to travel from home to office. This entire amount will be exempted in full. If you're given RM5k, RM2.6k will be taxable (RM5k - RM2.4k) since exemption is only up to RM2.4k. Not required to keep any documentation. You're given RM10k on travelling for your official duties, RM4k will be taxable (RM10k - RM6k) since exemption is only up to RM6k. Not required to keep any documentation. It is assumed that the travelling allowance eventhough given to you for your official duties is actually not fully utilised (meaning you didn't use the allowance allocated to you for official duties), henced taxed as part of your remuneration package. However, if you actually incur that whole amount (or any amount above the exemption given i.e above RM6k), you're required to provide documentation as proof and in order for you claim an abatement (deduction against the travelling allowance).

As for the rest of the allowance which is fully exempted such as meal, hp, etc. If the company has all along provide such allowance and there is no significant increase in such allowance, the amount would be exempted in full. No documentation is required to be kept. General rule is that documentation are required to be kept only if you will like to claim a deduction/abatement.

As for the HR messing up your EA form which is very likely, you can choose to disregard the EA form and compute your tax. However, chances of you to get audited will be high and you have to be able to explain your computation. You should be ok if you have all your pay slip supporting your case.

I hope I'm actually answering your question.

Full medical examination, note that it has to be full and nothing else as mentioned by others. You will need the receipt.

To my knowledge, there is no exemption on stock options exercise. However, the method of computation has changed but that was quite sometime ago.

I don't think that the EA form can be amended any longer as Form E would have been filed. Any amendment on EA would very likely cause an error in Form E.

I think the justification on allowance is on the reasonableness. Imagine with the current incentive, the Company provide meal allowance of RM1k and a salary of RM2k whilst previously no such allowance was given. This is a very obvious case of abuse on the tax incentive to avoid tax.

This post has been edited by legiwei: Apr 22 2009, 01:15 AM

i found it... thanks
bcoz of i did not pay full attention on the EA last year i never deduct the EPF amount

Hi i have 2 questions to ask:

(i) my fren is an artist, so he falls under artist category. Under artist category, he is entitled to deduct his expenses for conducting performances for public viewing. May i know is there a maximum limit that he can seek to deduct under this heading?

(a) if the shirt bought in overseas can claim? must convert to RM currency?

(ii) I have done a calculation for my insurance, which is to be as the relief together with EPF. If my insurance premium is fixed, can i use back the figure that obtained the previous year to claim relief with the revised EPF figures?

thanks

This post has been edited by de.crystal: Apr 22 2009, 11:38 PM