buy vehicle can deduct mei? The 3.5k for computer is not a rebate ler. Its a deduction only.

. WTF...u r saying u never pay tax b4?? It's difficult to say how much income only taxable bcoz of the deductible expenses and rebate. As a guideline, its above RM2.5k p.m or RM30k p.a. But at RM70k p.a u definitely need to pay tax. No wonder our tax coffer is not full.

Not necessarily. In fact ur income minus all the deductible, if more than RM2.5k is taxable already (1%) and up.

For allowance, some companies file it some don't. Dont know the reason. Like my case, my allowance r almost same like my basic salary, but my company didn't file it, so no need to pay tax lo.

Here a table to sumarise all:

Salary (p.m) - Chargeable Income - Tax Payable
2,000 - 15,360 - 0.00
2,200 - 17,696 - 55.88
2,400 - 20,032 - 127.24
2,600 - 22,368 - 290.76
2,800 - 24,704 - 454.28
3,000 - 27,040 - 617.80
3,200 - 29,376 - 781.32
3,400 - 31,712 - 944.84
3,600 - 34,048 - 1,108.36
3,800 - 36,384 - 1,704.92
4,000 - 38,720 - 2,008.60

Salary based on 12 months pay + 1 month Bonus
Deductible on Self Relief and EPF contribution only
Only those with Chargeable Income of at least RM15,834 may be taxable.

IMPORTANT: The table should be used as reference only. Do not submit your tax return based solely on this figure.

This post has been edited by Singh_Kalan: Nov 27 2006, 09:52 AM

Include EPF contribution deduction also.

TIPS of the DAY:-
If your chargeable income is around RM35k, buy more books or get a computer to make sure its below that amount in order to get a RM350 rebate.
Deduction:-
Books - Rm1000 max
Comp - RM3000 max (once in 3 year only)