sorry for last minute question.
Insurance premium. last year pay Automatic premium loan ( quite big amt) plus principal.
Tax receipt from Great Eastern showed the total amount paid during the year.
Can I claim off all or just the principal alone.

[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=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.

while doing e-filing i noticed there were two sections under perlepasan.. section 132 and 133
What deductions are these for?

I just read that "membership to professional bodies can be deducted from tax.
Such membership must be relevant to their duties."

My question is.. under which section can the fees be deducted?

I did not pay my insurance policy last year but it is still active under APL.
( Automatic Loan Policy).
I paid for both last year and this year in March 2012.
Can I claim for last year or both under 2012 tax?