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 Personal relief Income tax, legally, reduce income tax

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! Love Money
post Apr 20 2009, 08:10 PM

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QUOTE(jeremy0 @ Nov 22 2006, 03:46 PM)
hehehe...have lotsa children....each children will get u rm1000 deduction...

it depends on whether ur a fixed income earner or running a business...if ur doing business, then there are more ways of tax avoidance...if ur under employment, just make sure to:

-make sure ur EPF+life insurance is rm6k and do not exceed
-educational insurance/medical insurance around rm3k
-buy shares, in which u can use the sec 110 setoff to deduct ur tax payable...
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i want to know more bout the criteria u stated...
how to deduct the EPF? buy share also can deduct?
! Love Money
post Apr 22 2009, 02:46 AM

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QUOTE(legiwei @ Apr 22 2009, 01:08 AM)
EPF deduction is on the amount that you've contributed to EPF every month. Refer to your EA form for details.
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i found it... thanks nod.gif
bcoz of i did not pay full attention on the EA last year i never deduct the EPF amount cry.gif
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