Personal relief Income tax, legally, reduce income tax
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 Dec 23 2008, 08:42 AM
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#1
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1,406 posts Joined: Aug 2006 From: Everywhere  
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QUOTE(J'Daniel @ Dec 22 2008, 10:11 AM) Does that mean we only can claim up to RM8k max per year ? its not claiming up to 8k. Its a standard 8k for personal relief every year for each individual. U have other relief also ma... epf/insurance, books/magazines etc |
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Dec 28 2008, 08:05 PM
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#2
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Senior Member
1,406 posts Joined: Aug 2006 From: Everywhere
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QUOTE(J'Daniel @ Dec 28 2008, 11:53 AM) Thank you Gemini ! 8k is RELIEF not REBATEWow if everyone also submit claims but did not provide receipt, sure got some people purposely put 'higher amount' to get more Since we can claim up to RM8k p.a , why people so reluctant to pay tax ? I think this only affect those who pay tax > RM8k right ? |
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Dec 28 2008, 10:29 PM
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#3
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1,406 posts Joined: Aug 2006 From: Everywhere
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books, magazines etc are all ok
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Dec 29 2008, 10:24 AM
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#4
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Senior Member
1,406 posts Joined: Aug 2006 From: Everywhere
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u got it wrong dude.. 8000 relief is minus off from your taxable income eg 3k per month = 36,0000 income p.a
Relief: 36,000- 8000 = 28000 taxable income For those taxable income below 35,000 ( i think) there is a rebate of 350. This post has been edited by bafukie: Dec 29 2008, 10:24 AM |
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Dec 29 2008, 10:44 AM
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#5
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Senior Member
1,406 posts Joined: Aug 2006 From: Everywhere
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QUOTE(J'Daniel @ Dec 29 2008, 10:35 AM) Lol sorry I think Im confused a bit Yes, auto deduct 8k personal relief. There are other relief available as well. Insurance/EPF, Books/magazines, Laptop/Personal Computer, Medical fees for parents etc etc. U can try google for pricewaterhousecoopers. They have the latest edition 2008/2009 tax info. If I earn 30k, and it auto deduct relief Rm8k meaning taxable income is 22k I not sure why need to pay the tax when declare. I thought all the tax already deducted from my salary monthly  |
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Dec 31 2008, 04:38 PM
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#6
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Senior Member
1,406 posts Joined: Aug 2006 From: Everywhere
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can just register first ma....
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Jan 1 2009, 10:46 AM
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#7
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Senior Member
1,406 posts Joined: Aug 2006 From: Everywhere
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i think they need to state clearly what can/cant be deducted as a tax relief especially for no.2
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