same with sports equiptment? if receipt under husband name, can wife claim?
wife has been called for query by incum tax deprt
somemore the book receipts some lost as we claimed almost rm600. will income tax fine us since cannot produce receipts?
Personal relief Income tax, legally, reduce income tax
|
|
Nov 8 2010, 10:42 PM
|
![]() ![]()
Junior Member
290 posts Joined: Oct 2010 |
for pc rebate, can wife claim if the pc receipt is in husband name?
same with sports equiptment? if receipt under husband name, can wife claim? wife has been called for query by incum tax deprt somemore the book receipts some lost as we claimed almost rm600. will income tax fine us since cannot produce receipts? |
|
|
|
|
|
Nov 8 2010, 11:07 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
21,309 posts Joined: Jan 2003 From: Kuala Lumpur |
QUOTE(Robin Liew @ Nov 8 2010, 10:42 PM) for pc rebate, can wife claim if the pc receipt is in husband name? Only claim for receipt under the tax payer's name only.same with sports equiptment? if receipt under husband name, can wife claim? wife has been called for query by incum tax deprt somemore the book receipts some lost as we claimed almost rm600. will income tax fine us since cannot produce receipts? Of course will fine you lah... else everyone would be claiming RM1000 each year w/o any receipts, right ? You can show photocopy if you had them. |
|
|
Nov 9 2010, 10:03 AM
|
![]() ![]()
Junior Member
290 posts Joined: Oct 2010 |
|
|
|
Nov 22 2010, 03:28 AM
|
![]() ![]() ![]()
Junior Member
469 posts Joined: Jan 2008 From: Cyberjaya |
Guys.. 1 stupid question, but i still want to know.
If let say, after minus out everything, I only need to pay goverment rm1K maximum for tax then If let say i bought a new laptop at rm3K and add into my claims. The amount that i need to pay to goverment is: 1) zero and government pay me back zero 2) zero and goverment need to pay me back rm2K coz max can claim for computer is rm3K. Logically I think the answer is suppose no 1. We can only claim back what we paid. For eg: i paid income tax rm18K peryear. Maximum i can claim back is RM18K. Just to be on the safe side, can somebody confirm this? Another thing is, better we pay monthly(PCB) or pay lum sum? I mean, everymonth we still can put aside the money in ASB or something to get some dividens or interests and will be accumulated and use that to pay the income tax. Will that is a better/wise option? This post has been edited by izdyharz: Nov 22 2010, 03:40 AM |
|
|
Nov 23 2010, 11:03 AM
|
![]()
Newbie
4 posts Joined: Nov 2010 From: Malaysia |
This post has been edited by dkx.alpha: Nov 24 2010, 10:32 PM |
|
|
Nov 23 2010, 11:15 AM
|
![]() ![]()
Junior Member
104 posts Joined: Aug 2010 |
QUOTE(izdyharz @ Nov 22 2010, 03:28 AM) Guys.. 1 stupid question, but i still want to know. The RM3k is a relief, not a rebate therefore No.1 is correct..If let say, after minus out everything, I only need to pay goverment rm1K maximum for tax then If let say i bought a new laptop at rm3K and add into my claims. The amount that i need to pay to goverment is: 1) zero and government pay me back zero 2) zero and goverment need to pay me back rm2K coz max can claim for computer is rm3K. Logically I think the answer is suppose no 1. We can only claim back what we paid. For eg: i paid income tax rm18K peryear. Maximum i can claim back is RM18K. Just to be on the safe side, can somebody confirm this? Another thing is, better we pay monthly(PCB) or pay lum sum? I mean, everymonth we still can put aside the money in ASB or something to get some dividens or interests and will be accumulated and use that to pay the income tax. Will that is a better/wise option? For employment income PCB must be deducted out.. Fyi, IRB will do PCB Audit and if found out your Company for not paying PCB for you, the Company will get fined.. Added on November 23, 2010, 11:21 amIf your actual tax is less than what you paid, you are entitled for a refund.. This post has been edited by Loonie2: Nov 23 2010, 11:21 AM |
|
|
|
|
|
Nov 23 2010, 11:47 AM
|
![]() ![]() ![]() ![]()
Senior Member
526 posts Joined: Nov 2009 |
QUOTE(izdyharz @ Nov 22 2010, 03:28 AM) Guys.. 1 stupid question, but i still want to know. for your information the 3K laptop is relief not rebate there u cannot use to deduct your tax payable u only allowed to deduct your total income.If let say, after minus out everything, I only need to pay goverment rm1K maximum for tax then If let say i bought a new laptop at rm3K and add into my claims. The amount that i need to pay to goverment is: 1) zero and government pay me back zero 2) zero and goverment need to pay me back rm2K coz max can claim for computer is rm3K. Logically I think the answer is suppose no 1. We can only claim back what we paid. For eg: i paid income tax rm18K peryear. Maximum i can claim back is RM18K. Just to be on the safe side, can somebody confirm this? Another thing is, better we pay monthly(PCB) or pay lum sum? I mean, everymonth we still can put aside the money in ASB or something to get some dividens or interests and will be accumulated and use that to pay the income tax. Will that is a better/wise option? second you are require to pay pcb if your salary reach the range set by irb.u employer will definately deduct your salary and remit to irb because if they fail to do so they have to pay the penalty. |
|
|
Nov 24 2010, 09:02 AM
|
![]() ![]()
Junior Member
139 posts Joined: Apr 2006 |
QUOTE(ngkf @ Oct 22 2010, 02:26 PM) better than nothing. gather and keep more evidence of payment. you dont need to submit those original or CTC receipts. only when being selected for tax audit or when u need tax clearance to leave country for long. For the housing interest relief, I email Hasil customer service to get more info.www.nbc.com.my Added on October 22, 2010, 11:54 pm quite true. but joint name in a loan also difficult to differentiate who pay the loan & interest. as long both of you claim not more than 10k should be fine According to them, we need to prove that we pay more than half. We need to provide bank official document if any. If no proof document, it is consider half-half. |
|
|
Nov 29 2010, 04:01 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
21,309 posts Joined: Jan 2003 From: Kuala Lumpur |
Can we use a receipt written to CASH to claim the RM3000 computer tax relief ?
|
|
|
Nov 29 2010, 04:04 PM
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,793 posts Joined: Oct 2008 From: UC Berkeley |
-edited and deleted-
This post has been edited by rubrubrub: Nov 29 2010, 04:05 PM |
|
|
Nov 30 2010, 08:45 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
52,874 posts Joined: Jan 2003 |
For PC rebate, does Ipad, tablet PC or netbook are enttiled?
Or it must be a full fledge PC or laptop? |
|
|
Nov 30 2010, 09:18 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
2,932 posts Joined: Sep 2007 |
|
|
|
Dec 1 2010, 05:36 PM
|
![]() ![]() ![]() ![]()
Senior Member
585 posts Joined: Jan 2005 From: JB |
so is Ipad entitled ? anyone ?
|
|
|
|
|
|
Dec 2 2010, 01:17 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
21,309 posts Joined: Jan 2003 From: Kuala Lumpur |
|
|
|
Dec 2 2010, 03:20 PM
|
![]()
Junior Member
9 posts Joined: Mar 2009 |
QUOTE(ronnie @ Dec 2 2010, 01:17 AM) Heya guys, i was just randomly browsing through this thread, I saw the ipad question raised a few times, i even saw the question in Personal Money magazine.. and the IRB person didn't give a clear answer, so I asked my lecturer who owns a tax firm, and he said of course the ipad is eligible for the RM3k relief |
|
|
Dec 2 2010, 03:36 PM
|
![]() ![]() ![]() ![]()
Senior Member
585 posts Joined: Jan 2005 From: JB |
QUOTE(ronnie @ Dec 2 2010, 01:17 AM) eh according wiki, "The iPad is a tablet computer designed and developed by Apple." http://en.wikipedia.org/wiki/IPad so wat you guys think Added on December 2, 2010, 3:49 pm QUOTE(covetous @ Dec 2 2010, 03:20 PM) Heya guys, i was just randomly browsing through this thread, I saw the ipad question raised a few times, i even saw the question in Personal Money magazine.. and the IRB person didn't give a clear answer, so I asked my lecturer who owns a tax firm, and he said of course the ipad is eligible for the RM3k relief hoho , i like this ,that is the answer we want , time to buy an ipad huh lolThis post has been edited by wcliang: Dec 2 2010, 03:49 PM |
|
|
Dec 10 2010, 01:32 PM
|
|
Staff
2,797 posts Joined: Nov 2007 From: On the beach |
hi guys, sorry to tumpang this thread but i dunno where to post this. i'm a bit lost regarding monthly tax deduction (MTD/PCB).
i'm in a situation where i have to prepare the MTDs for my company directors which only receive directors fee once a year. last year we didn't pay MTD so LHDN has already fined us and we would want to pay MTD this year but i'm lost at what forms to fill up and submit to them. so far, i understand that i have to submit CP39 but then there's TP1/TP2/TP3, do i need to submit those as well? Also, i now calculate the MTD based on the online calculator that LHDN has provided. i went thru their formula for calculating director fee but don't understand at all. |
|
|
Dec 10 2010, 02:12 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
21,309 posts Joined: Jan 2003 From: Kuala Lumpur |
Template reply from LHDN
QUOTE In the case of iPad, one simple question should be answered: A: Does it only have computer features? OR B: Does it also have handphone features in addition to computer features? If the answer is A, this means the purchaser is entitled to the RM3,000 relief (categorised as a personal computer). But, if the answer is B, the purchaser is not entitled to the RM3,000 relief since it cannot be categorised as a personal computer. |
|
|
Dec 10 2010, 05:00 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
52,874 posts Joined: Jan 2003 |
iPad certainly does not have handphone feature such as GSM 900/1800/1900 connectivity unless 3G support is considered as handphone feature.
This post has been edited by David83: Dec 10 2010, 05:01 PM |
|
|
Dec 11 2010, 01:53 AM
|
|
Elite
8,601 posts Joined: Jan 2003 From: KL |
QUOTE(ronnie @ Nov 29 2010, 04:01 PM) if you bought it for yourself with your own money why not. Anyway you only have to worry if you are audited since you do not have to submit receipt for computer purchase.Me going for medical check up by year end to get the relief for this year's income tax (its like getting a discount) as next year my income going to be minimal. |
| Change to: | 0.0283sec
0.29
6 queries
GZIP Disabled
Time is now: 8th December 2025 - 06:59 AM |