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 Personal relief Income tax, legally, reduce income tax

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zeese
post Mar 23 2011, 09:17 AM

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1,818 posts

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From: Kuala Lumpur
For any purchases that requires receipt as a proof, I know I can photocopy the receipt... but I'd like to know, after I photocopy the receipt, can I throw away the original receipt, and just keep the photocopy? I don't like to keep too many papers. 1 A4 photocpy can already fit at least 4 receipts in it..
zeese
post Mar 28 2011, 09:52 AM

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Senior Member
1,818 posts

Joined: Jan 2005
From: Kuala Lumpur
QUOTE(sehtat @ Mar 28 2011, 05:34 AM)
Hi guys, are insurance policies bought under a master insurance policy eligible for personal tax relief? Cuz I just realized that I haven't been receiving any Annual Statements for that particular policy sad.gif
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As long as the statement has a word "life insurance" on it, then it is eligible for tax relief. You must request for the annual statement. Without the statement, you cannot prove that you've purchase a life insurance.

 

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