QUOTE(Busquets @ Feb 28 2019, 05:38 PM)
QUOTE(kaiserreich @ Feb 28 2019, 05:40 PM)
Oic thank youQUOTE(petirbuas @ Feb 28 2019, 06:11 PM)
First, you have to understand how this "claim" works. Basically we're doing "filing" process, not "claim".
Filing in simpler language is reporting.
Next, yes you can count for the whole 6 month since you start in June. But you're not getting LHDN to reimburse it.
You'll be filing those 6 month under lifestyle category which limited to RM2.5k only.
But don't misunderstood. You're not getting RM2.5k
That 2.5k will be deducted from your total annual income. Only then the balance of your total income will be counted for tax.
So if your monthly tax deduction so far, exceeds the tax amount. You will be "refunded". Some even need to topup the amount to LHDN.
Its not free money. We're just trying our best to not pay so much tax.
Note: I simplify certain stuff. But thats the gist of it
Refer above.
I see..now i get it..so can combine smartphone + time bill right?Filing in simpler language is reporting.
Next, yes you can count for the whole 6 month since you start in June. But you're not getting LHDN to reimburse it.
You'll be filing those 6 month under lifestyle category which limited to RM2.5k only.
But don't misunderstood. You're not getting RM2.5k
That 2.5k will be deducted from your total annual income. Only then the balance of your total income will be counted for tax.
So if your monthly tax deduction so far, exceeds the tax amount. You will be "refunded". Some even need to topup the amount to LHDN.
Its not free money. We're just trying our best to not pay so much tax.
Note: I simplify certain stuff. But thats the gist of it
Refer above.
Feb 28 2019, 08:46 PM

Quote
0.0278sec
1.59
6 queries
GZIP Disabled