Hi,

If you have not received your refunds from previous years, then you should write directly to Dato' Hasmah (her email is hasmah@hasil.org.my).

At the moment, the refund is paid to via cheque, although next next year the IRB is planning to implement an e-Rufund system which will pay the refund directly into your nominated account.

Regards
Trevor Keegan
www.taxsaya.com
Malaysia's First FREE Multi-Lingual Tax Software

hi,

Just a couple of point here:
1. AFAIK, you are only promised quick refunds if you are using the e-Filing. The LHDN will try to process the manual filings quickly, but the earlier that you get them the better the chances. It also depends on whether there are any problems in the way that the form has been completed. The FREE version of TAXSAYA will help in this regard, which you can download from www.taxsaya.com
2. AFAIK, the refunds are currently not being paid directly into your bank account, this is something that they plan to apply for next year with the e-Refund. Currently the refunds are still paid out using cheques.

Regards
Trevor Keegan
www.taxsaya.com
Malaysia's First FREE Multi-Lingual Tax Computation Software

Hi,

Yes....if you were only receiving employment income between 1st Jan 2007 -> 31st Dec 2007, then you will file a Borang BE.

You will file a Borang B for your 2008 filing.

Regards
Trevor Keegan
www.taxsaya.com
Malaysia's First FREE Multi-Lingual Tax Computation Software

Hi,

Depends what the premium was for If you download your FREE copy of TAXSAYA, then we have listed out for you what types of insurance you can claim on

Regards
Trevor Keegan
www.taxsaya.com
Malaysia's First FREE Multi-Lingual Tax Computation Software

[quote=pangolin88,Apr 28 2008, 11:57 AM]
[quote=Trevor Keegan,Apr 28 2008, 10:17 AM]
Hi,

Depends what the premium was for If you download your FREE copy of TAXSAYA, then we have listed out for you what types of insurance you can claim on

Regards
Trevor Keegan

already d/l taxsaya but no answer.

Whole life insurance.. annual principal is RM626. APL plus interest paid in 2007 is RM1380.
Total paid in 2007 is RM RM2006.

So can I claim for RM626 only or RM2006.
TQ

[/quote]
Hi,

Sorry about that,....we are servicing calls from both Tax Payers and Tax Agents, this is also the reason that we have set up the forum....so that we can get to address all the questions

Based on the information that you have given here (assuming that the Whole of life is either for yourself or your spouse then) you will be able to claim the RM626.

I am sorry...I do not know what APL is

Regards
Trevor Keegan
www.taxsaya.com
Malaysia's first FREE Multi-Lingual Tax Computation Software

[quote=pangolin88,Apr 28 2008, 04:39 PM]
[quote=Trevor Keegan,Apr 28 2008, 03:48 PM]
Hi,

Sorry about that,....we are servicing calls from both Tax Payers and Tax Agents, this is also the reason that we have set up the forum....so that we can get to address all the questions

Based on the information that you have given here (assuming that the Whole of life is either for yourself or your spouse then) you will be able to claim the RM626.

I am sorry...I do not know what APL is

Thanks for the quick response
APL is Automatic premium loan.. I did not pay the principal last year so this year paid for two years plus accrued interest.

[/quote]
I have to make it up to you some how

Regards
Trevor Keegan
www.taxsaya.com
Malaysia's First FREE Multi-Lingual Tax Computation Software

Hi,

Yes...we have just released TAXSAYA 2008. This is the First tax software in Malaysia that provides the following:
- Support for Bahasa, English and Chinese languages
- Tax Wizard that guides you through the whole process
- Automatically checks your return for completeness
- AUTOMATICALLY GENERATES THE FINAL BORANG BE + HK3

All this is completely FREE of charge.

PLUS: We also have a tax forum, that is monitored by Tax Professionals....they will take your questions....for FREE!

If you need more, we have a premium version for RM19.90, that provides:
- E-filing integration
- Tax Saver - that looks for more than 30 different ways for you to save tax (the actual number varies between assesments)
- Tax Organiser
- Password protection

Regards
Trevor Keegan
www.taxsaya.com
Malaysia's First FREE Multi-Lingual Tax Software

This post has been edited by Trevor Keegan: Apr 4 2009, 05:30 PM

Hi,

This question was answered in http://taxsaya.com/smf/index.php?topic=206.0

If you are using the FREE TAXSAYA, then you just need to enter in the information that is in your EA form, and the system will do the rest for you you.

Regards
Trevor Keegan
www.taxsaya.com
Malaysia's First FREE Mutli-lingual Tax Software

Hi,

What ronnie says is correct....in that it is simply excluded from the Tax Computation...IF, you have the amouont appearing in Section G of the EA form.


It is true that this is one of the things that MAY trigger an audit, but it is not the only thing. The LHDN has many things that they look for.

Regards
Trevor Keegan
www.taxsaya.com
Malaysia's First FREE Multi-Lingual Tax Software

Hi,

Possibly....but do not panic! The LHDN did allow companies to use the 2008 EA forms for this year. You might want to check with your HR people to make sure that they are aware that there is a new EA form format.

As i understand it, in your case it does not matter as company was reimbursing you rather than paying you an allowance. So therefore, you are not entitled for the allowance.

Hope that this helps

Regards
Trevor Keegan
www.taxsaya.com
Malaysia's First FREE Multi-Lingual Tax Software

Hi,

I also ask the same question as Ronnie, since I cannot see your form I cannot only assume that RM11111 is an amount that is shown on your EA form.

Basically, as long as you can prove that amount that you are claiming as travel allowance then you should be able to deduct that from the RM11,111. To prove it, you would need to provide evidence such as:
- Payment slips
- Letter from your employer showing the breakdown

I am assuming here that you are staff....if you are a business owner, you cannot claim this.

I would also suggest that you speak to your HR people just to make sure that they are aware that there is a new EA form (even though for this year you can still use the 2007 EA Form)

If you have other related questions, why not come over to our FREE Tax forum (www.taxsaya.com/smf) and ask our Tax Professionals

Kind Regards
Regards
Trevor Keegan
www.taxsaya.com
Malaysia's First FREE Tax Software

Hi,

If your employer is using the old form then they must declare it....and this was the only place to put it. It is just that this allowance was exempted in the 2009 Budget, and it would appear that your employer is not using the latest and greatest EA form....If they were, then it would have already been excluded from your income, this is because section G is only there for declarative reasons (and does not affect your income)

Regards
Trevor Keegan
www.taxsaya.com
Malaysia's First FREE Multi-Lingual Tax Software

Hi,

Section G is there only to declare the fact that the amount is exempt....and does not affect your income. It basically saves you from having to provide additional documentation to prove that it is exempted.


Gtchye, You are right and I had stated earlier that the use of the new EA form was optional. However, what I was trying to say (but didn't do it very well), was:
1. The Company must disclose the full amount of the allowance (including travel allowance) in the eluan-eluan in the EA (irrespective of whether you are using the new EA form or the old EA form)
2. If the old EA form is used, then the LHDN provides the HK-2 for the taxpayer to workout the taxable employment income.

Example:
Person A receives RM10,000 in Travel Allowance during the year. Section 2 in the EA for would show RM10,000 (and if the new EA was used) would be shown there. If the new EA form is used, then the exempted portion will be shown in section G.

However, please note that the EA form does not show the income with the exempted amount removed! This means that if you are taking the income directly from the EA form.....you may be declaring your income as being higher than it should be.

TAXSAYA, automatically takes the section G (if you have it in the EA form, otherwise you need to be able to prove that the amount is exempted) into account, so that you do not need to worry about recalculating things in the HK2.

Hope that helps.

Regards
Trevor Keegan
www.taxsaya.com
Malaysia's First FREE Multi-Lingual Tax Software
Trevor Keegan

RONNIE IS CORRECT! I stand corrected on my earlier post, which was regretably due to some miscommunication with our advisors.

Regards
Trevor Keegan
www.taxsaya.com
Malaysia's First FREE Multi-Lingual Tax Software

No. Parents medical can only be claimed if it is from a certified Medical Practitioner.

Regards
Trevor Keegan
www.taxsaya.com
Malaysia's First FREE Multi-Lingual Tax Software

Hi,

If you are a swimmer, then you cannot claim on your swimming costume.....following your reasoning, I guess that you are right....Even if I am naked, I can still swim.....but can I do it legally

Regards
Trevor Keegan
www.taxsaya.com
Malaysia's First FREE Multi-Lingual Tax Software