Hi Guys,

Need some advice... From the spreadsheet of attahun, I found that last year i start enter higher tax blacket... the tax is really painful. My income just purely salary from my employment. Basically i oredi maximized my relief legally, books, sport, kwsp, medical insurance, donation, computer (oredi claimed previous year . I think there is no chance for me to reduce my tax for 2008 oredi..

However, i think this year i would kena again. Is there any idea how could i reduce my tax legally?

From my own study:
1. Get a wife and get kids.... Tax relief but more expenses
2. Spend more on medical... company covered oredi.
3. Pay medical for parents... a bit lucky cos parents still healthy

If i pay SSPN for my siblings, could i entitled for tax? (my father still working....)
Or could i make some business then use the kerugian in business to reduce my income??? (i have no idea on this)

This post has been edited by toto4d: Feb 7 2009, 03:41 PM

Hehe.... ya, seems like very difficult to reduce the tax... nvm lo, become good citizen.

cherroy : For 2009, there are few more items add-on for the tax relief. This was announced in the 2009 Budget. e.g. relief up to Rm 2400 for transport allowance. Mean if your company pay you transport allowance, u can at get tax-exemption for the RM 2400, the remaining will be taxable as normal.

I am glad that my company did respond to that and give us transport allowance start this year, but it's difficult to ask for other allowances to swap my current pay as HR system in my company quite rigid. Not much changes can be made.

---

Added on February 8, 2009, 3:55 pmYupe, need to make sure the donation is entitled for tax-exemption. I like Mercy cos they really do the job and they will issue a receipt for us to get the tax relief.

This post has been edited by toto4d: Feb 8 2009, 03:55 PM

Wah! Salute le. But option 1 is almost impossible la, give me oso dun want.
Just curious, for your Note 2, if someone become ADUN for 1 term only, the tax-exemption is still effective for whole life after he/she step-down? (hopefully not considered as spam)

Once you done the e-filling and confirm that you are overpay your tax. IRB will send you a mail saying that they will refund you, then you will get cheaque later.

Last year i got the mail within 2 weeks after i done the e-filling, the cheaque was dilivered in the following week. Quite impressive efficiency.
I donethe e-filling in early April (due date is 30th April0, my frens who did the e-filling near the due data have to wait 2-3 months to get the refund. So, please do you e-filling earlier.

Hi Aeronlim,
For my last year case, i do not contact them to get them send the refund. However, if you do not received anything in 2-3 months, then you should contact them to chase for it. Actually i oso very new in the income tax matter, i have filled e-filling for 2 years, last year is the 1st time i get refund.

Once you done the e-filling, you will be able to print out the receipt and save the PDF copy from the website. LHDN won't post mail to you unless they want to audit you or refund you or etc. Hehe, others may correct me if i am wrong.

During a tax seminar in my company (2008), same question was raised to the speaker, who was an officer from LHDN.
The answer is yes, blur receipt for books is acceptable.

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?

Lolz... yalo, 5 digits tax really painful... And looking how the gov use our contribution....

Donation to charity (only those with the status for tax exemption) is only deductable on taxable income.

e.g. ur tax bracket is 24%, you donate RM 1000 to Mercy Msia.
Ur total deduction on tax = 1000 * 24% = RM 240.

Anyway, good to donate if you can help.

lolz! i already given it to my frens. Think this year target more books receipts and can sell it lo.