Personal relief Income tax, legally, reduce income tax
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 Mar 23 2009, 09:12 PM
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#1
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Senior Member
3,887 posts Joined: Jun 2008  
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Last year they paid me back RM124 but it seem like I had to pay them RM400+ back this year. Life sucks...
I should have hold back my computer claims... it would cost me the extra return in 2007 but I would just enough avoid paying anything. Damn!!! Added on March 23, 2009, 9:13 pmBTW, Who said signing a hire&purchase can reduce income tax? Can show me? This post has been edited by andrekua: Mar 23 2009, 09:13 PM |
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May 10 2010, 12:22 AM
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#2
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Senior Member
3,887 posts Joined: Jun 2008
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Guys,
I've been told that if Im collecting rental for my one and only property, I do not need to include it. Is it right? The problem is that it was a shop lot and they will submit it for income tax. But can I really just leave it out? |
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