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 Personal relief Income tax, legally, reduce income tax

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kh_lim
post Mar 27 2017, 03:47 PM

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QUOTE(lucifah @ Mar 25 2017, 10:38 AM)
For YA 2016, there is also a new tax relief for your PARENTS

you can claim RM 1,500 PER PARENT (RM3k for both) that you help to take care (provided that the PARENT dont earn more than rm24k annually)
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May I know under what condition I can claim RM1,500 per parent? Is it must come from medical expenses we spend on our parent?
kh_lim
post Mar 27 2017, 03:57 PM

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QUOTE(repusez @ Mar 27 2017, 03:50 PM)

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Thanks for sharing the info rclxms.gif

By the way, I'm confused with this clause,

The parents are tax residents in Malaysia in the current year of assessment.

Parents at age 60 and above still have to pay tax? hmm.gif

kh_lim
post Mar 29 2017, 07:15 AM

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QUOTE(tstan8_8 @ Mar 27 2017, 04:29 PM)
What question=.=''
Many director age 60 above.
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What I meant was 60 is common retirement age...

For my case, my parent already retired and no income, hence not paying tax.
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