My HR ask me of my LHDN Branch..and mention about Kg Atap branch..how can i know my branch via the LHDN website? Last time i registered on the website.

read those letters that they posted to you, it is stated on the heading

every month PCB deduction is almost RM2000. is it legal to negotiate with employer to split the salary into half, RM6000 as basic salary which appears in pay slip and EA form. The other RM6000 as exempt income, misc. allowances, car, petrol, house, hp, meal, etc. which will be reimbursed every month by filling up the claims form.

i see this as a win-win situation. employer pay less EPF by RM720, meaning i have less EPF savings (i don't mind as i have other types of investments). PCB difference would be RM1503, meaning paying less tax for each month. Minus RM720 initially as the EPF, i still have RM783 additional take home salary.

if there's another method, do share with me. thanks.

This post has been edited by shawnnny: Jul 4 2009, 05:01 PM

It all depends on whether your HR wants to do that for you... it will be messy calculation.
When you have increment/bonus which depends on base salary, it will be RM6000 instead of RM12k.

This post has been edited by ronnie: Jul 5 2009, 10:14 PM

The tax is consider not much to pay. Is only how many percent of your annual salary? I'm sure one month you spend is more than the tax you pay.

Not all allowances are tax exempted.

If you received HP benefits or company is paying you the bill, you need to declare back as benefit in kind (BIK) which will add into your gross taxable income as well.

The introduction of BIK years back is to close the loop hole as you mentioned.

I don't think meal, house allowances is tax exempted as well.
Correct me if I am wrong.

This post has been edited by cherroy: Jul 5 2009, 11:39 PM

meals as entertainment can be exempted, in full or half I am not sure ....

there are rules .... and there are something else called 'work around'

Computer relief question. Any one know if netbook bundle with broadband package such as celcom/digi/maxis can be claim?

<< 4.8 Purchase of personal computer for individual. Deduction allowed once in every 3 years. (Limited to RM3,000); >>

thinking to buy a new PC: a CPU and 32" LCD TV as my monitor, do u think tat this LCD can be considered under PC ?

This post has been edited by wcliang: Jul 22 2009, 10:12 AM

hard to separate the portion of the pc & subscription, somemore payment may be 24 months, how are you going to claim the tax?

as long as the LCD TV can be connected to your CPU, i think it would be acceptable

You can't claim the LCD TV IF it is stated as LCD TV on the invoice/receipt.

can tell why?

since an 8k/10k laptop can claim the computer relief, why can't a LCD TV used as a monitor?

the introduction of computer rebate/relief was to encourage the public to purchase PC, afterall i don't think IRB will reject your claim on the LCD TV as monitor as long as it is proven to be supported on the PC.

BTW, i have just found something may be useful for the people here



link

Before Y/A 2006, computer deduction was done in rebate format until Y/A 2007, computer relief was introduced. In other words, Y/A 2007 was a new start for the 3 years count for purchase of new computer, for those who have done it wrong, it may not be too late to revise your tax return.

then what should we call it? I.T products?

You can always try to include the LCD TV as the package for RM3k tax relief. Let me know the result ya...

For me, I rather not take the risk... I rather ask the vendor to put description as LCD monitor. Printers are definitely not allowed. Don't buy computer package and put printer in there.

LCD TV can be used on its own.
LCD Monitor cannot be used on its own.

if like that, can we claim it as buy netbook + free subscription? i think streamyx/celcom/maxis do have this kind of package.

as for 24month payment not sure if they got an invoice of the netbook. anyone bought before?

is there any separate invoice from dell/hp/etc from those maxis/celcom/streamyx package?

Based on my experience from the HP notebook + Streamyx promo in 207/08...I got a HP invoice for the total amount which you can use to claim the tax relief.

Just found out from Digi on the bundled netbook package. There is no separate invoice from HP. so no tax relief claim for digi bundle.

ronnie may be right for not claiming the LCD TV & printer(play safe) but i still think that since the government is encouraging the public on 1 PC/house, i still think that as long as it is PC stuff then it would be able to claim. even computer printer can be claimed 40% on CA, why can't it be classified as computer gadgets?

On top of that, most of the time the IRB officer will concentrate on the declaration of income rather the claim of expenses/relief. BTW, how do you know printer is definitely not allowed? it would be normal if someone purchase a new PC with a printer as well.

i have bought the Streamyx PC Bundle package this year, the HP invoice clearly stated the package includes 24 months of 1mb streamyx package + notebook at a cost for RM3,813.60. i don't think we can ignore the streamyx package on the calculation. i think you may try to deduct the broadband portion. Eg, RM88 x 24 = RM2,112. Net claim = RM1,702.


refer to the previous link, if purchase PC under hire-purchase agreement, full cost can be claimed during the year of purchase. therefore RM1,702 can be claimed in Y/A 2009. This should be more reasonable.

can share how does the invoice looks like?

This is it


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