Sep 12 2011, 09:30 PM
QUOTE(keneshiro7 @ Sep 12 2011, 01:01 AM)
Hi all, wana ask a question personal income tax with big premium policy.
If let say I buy a RM 40k saving policy, would I need to declare or ?
When come to insurance policy, only include into your personal tax when you can claim as personal relief (a deduction from your taxable income). It is not because of your saving policy of RM40K then you need to declare this as an "income".If let say I buy a RM 40k saving policy, would I need to declare or ?
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