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[quote=kuntaker,Mar 18 2008, 04:16 PM]
Income Tax! ( Under Gains or profits from an employment )
INCOME :
1. any income receive outside scope of Malaysia is Non Taxable
2. Resident in Malaysia..( condition normally if u are staying in Malaysia for 182 days or more considered Resident )
Types of Employment Income
1.Wages , Salary , remuneration , leave pay , fee ,commission , bonus , gratuity , perquisite , allowance
2. benefit in kind
3.living accomodation ( housing benefit )
4.refund from unapproved fund ( not approved by IRB )
5.compensation for loss of employment
Personal Relief ( most ppl concern ):
1. yourself - RM8000.00
2. if u have wife , and doing combine assesment then claim - RM3000.00 (if disabled claim more RM3500.00)
3. if urself r disabled person , get another RM6000.00
4. Medical expenses for ur parents , keep the receipts claim up to - RM5000.00 (MAX)
5. Medical expenses for ur self , spouse , child SERIOUS DISEASE -RM5000.00 (MAX)
6. Medical examination up to - RM500.00
7. Basic Supporting equipment for disabled self, spouse , child or parent - RM 5000 (MAX)
8.Fees for expended skills or qualification - RM 5000 (MAX)
9. Expenses on Books for personal use - RM1000.00 (MAX) buy more books!
10. each children below 18 - RM1000.00 each ( if child are disabled claim RM5000.00 ) cannot claim both ...either one
10.1 if child after 18 - RM4000.00 each if they are studying) no study , no relief for u...
10.2 if over 18 , and disabled claim RM 9000.00
11. Life Insurance + EPF - RM 6000.00 (MAX)
12. Medical or education insurance premium for self , spouse or child - RM 3000.00 (MAX)
13. Purchase of a personal computer -RM 3000.00 (MAX) 3 yrs claim 1 time..
hi, is the personal relief is for 2008 or 2007?
and what about publication like malaysiakini, economist, intl magazines and intl newspaper which only can be read online.? does this include in the relief too?
life insurance- how do you prove it to them ?
This post has been edited by KVReninem: Mar 22 2008, 11:05 AM