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

Books are deductible... make sure you keep the receipt

buying educational books can help, bring the recipt. I thought there was one article in the newspaper about it. Tried LHDN website?

Here's a list of personal relief which might help you :

Perfectly legal way to reduce your income.  Appoint your wife, children and relatives to be non-voting directors of your company.  They get pay and they do not have to work.  They only have to attend meeting/party every now and then.

Dreamer

computer is rebate RM500 every 5 years

r u seeking tax planning for individual or company?

For company, if the paidup capital is less than RM2.5million, the first Rm500k is taxable @ 20%, so for small company u r advisable to limit up the paidup capital.

U can appoint ur family members as directors as well by paying them directors fees,
hence the EPF rate can be increase from 11% to 19%.

Ur company can frank/issue dividend to directors by using retained earnings, distribution in specie as well. Hence ,the profit of ur company can be spread over to other directors who will be taxed at individual rate. By franking dividend, u have to make sure that there is enough S108 dividend credit in ur company account,else there'll be S106 penalty .

By paying dividend, the recipient can claim S110 set off (rebate at tax payable) @ 28% ,hence the possibility of getting tax refund is high if ur tax paybale rate or marginal rate is lower than 28%

there's more to go...

so basically if u tell te government i earn less than this amount but buy assets round this amount
the government will create a nice headlines on the news with u in it?

Personal salary RM2.5k per month subject to income tax?

Hope you guys can answer my question below.

Let say my partner and i operate a business and it's not sdn bhd , can i have Company trip for vacation ?
If yes , then why the auditor say no and they said that you only can give company vacation trip for workers only.

If like that , the partner and boss no need to go ?

Hope you guys can help answer my question above.

It's really very weird scenario though , workers can take vacation while the boss need to pay for himself. 
Even if it's a vacation trip and declare as business trip , who knows aye ?    *but still need to pay for wife and children ones. 

I haven't go through all the pages yet , from what i heard from my accountant , they say that children books can claim up to rm1000.
I'll browse through all soon , thanks for the prompt reply. 

the question that i asked myself occasionally.. am i ready to go into this "arena" full time? mind you, my income tax is 5-digit and i feel the pain (whenever the government screw around with public funds)

Hehe, the tax officer said for this kind of amount, they won't chase u till so details, as long as u got something to show, then ok lo. 

Hmm... last year i have books receipt worth 3k ++, dunno whether got value if i sell it for ppl who need it for tax rebate? 

the correct thing to do is taking the total salary + allowance etc without bothering the Section G

just follow the EA Form, in case anything go wrong, that's your employer's fault.  unless the difference is really substantial

Calculating tax is not just basic salary x 12.
Must include other income like 13/14 mth bonus, year end bonus, special bonus, incentives, KPI, allowance, etc.
Refer back your payslip and total it up. If not tally, please ask the finance dept to clarify.

I received an email from HR regarding this:
May I know what does this mean? I see a lot of stars! 

May I know what is BIK? I'm still unclear over this as this term is my first time encounter such entry. 

"Benefits In Kind"
eg. company sold to U a demo car below market price by $10K, thus your BIK = $10K
OR
U are given a property to live in, with services and stuff, costing say $7K per month.
Thus your BIK for the year = $7K *12 mths

Er.. please correct me if i'm in lalaland ar fellow forumers.

Tablets having 3G capability doesn't mean it has Phone feature. Eg. iPad2 3G+Wi-Fi

Shuttlecocks can claim... who says cannot claim ?

Your accountant (and tax accountant) are useless

http://www.hasil.gov.my/pdf/pdfam/Explanat...es_BE2011_2.pdf

D11 PURCHASE OF SPORTS EQUIPMENT
An amount limited to a maximum of RM300 is deductible in respect
of expenses expended by the individual for the purchase of sports
equipment for any sports activity as defined under the Sports
Development Act 1997. Sports equipment includes equipment with
short lifespan e.g. golf balls and shuttlecocks but excluding sports
attire, e.g. swimsuits and sports shoes. Paragraph 46(1)(l)

e-BE 2011 need to be submitted by 30 April 2012