- Grab drivers are not employee of Grab, so will not be exempted from filing taxes, even if earning below RM4k a month.

- Grab drivers, part time or full time, must use "Borang B" to submit income tax filing. Those who driving part time while having a salary from employer, also must use "Borang B" to declare both Grab income and salary together.

- Grab drivers that didn't declare income generated from Grab for year 2017 (and before), may voluntarily do so now with penalty.

-- Declare between now to March 31 = 10% penalty
-- Declare between April 1 to June 30 = 15% penalty
-- Declare after June 30 = 45% penalty

- After you declare those income, you will receive a "PKPS" letter, saying LHDN received your declaration and will not do further audit on your income tax.

- This is not applicable for those currently under investigation by LHDN.

- For year 2018 income, please proceed to file your taxes using "Borang B" following the LHDN guidelines. Which means, you must have the receipts to prove your filing if you are audited. You must keep them for 7 years.

- For voluntary declaration for 2017 (and before) income, as you might not have the receipts anymore, please file using reasonable estimate. LHDN have professionals that might approach you if any discrepency is found.

More info on SVDP: http://www.hasil.gov.my/bt_goindex.php?bt_...sequ=1&bt_lgv=2

A Grab driver complain, since Grab never provided "annual statement", he wasn't able to file in time to qualify for 10% penalty. He likely will have to pay 15% penalty. So why LHDN can't make it mandatory for Grab to issue annual statement in the first place?

- Grab drivers are not employees of Grab, therefore, LHDN can only strongly request Grab to come up with annual statement.

- Weekly statements are provided by Grab. It's hard to consolidate, but it's not impossible, therefore one should be able to file and pay on time.

- According to the Grab representative at the venue, Grab is working on creating "annual statement" for Grab drivers. No specific timeline given.

How to calculate your taxable income?

- All reasonable cost incurred to generate revenue are "exempted".

- Gym membership is not "reasonable cost", because not all Grab drivers need a gym membership in order to earn money with Grab. But you can claim it under "lifestyle exemption" which has an upper limit of RM2.5k.

- You cannot "claim" or "deduct" car loan repayment, but you can do so for its interest. For example, if out of the monthly repayment of RM500, RM50 is interest, you can "deduct" the RM50 interest as business expense.



There might be "rebates" or "zakat" that can further reduce the amount to be paid. If not sure, please check with your nearest branch of LHDN for most accurate information.

Question to ask LHDN

Since cannot claim or deduct car loan repayment, does the car qualify as capital asset that to be claim capital allowance, like company?

Lel....not fair 

can I say, I create a company where the company own the car, I sewa the car, back to back to the car loan. Then, ask Grab to instead of pay me, pay to the company. Then, I can claim capital allowance for the car lor, plus whatever expenses associated with Grabbing charge into the company. Then, the company pay me salary/ fees or whatever u want to call it lah, after deducting all the expenses. Then, from there, I also got my personal allowance.

Can or not? 

Use back your example

TOTAL REVENUE COLLECTED = RM30k
TOTAL COMMISSION PAID TO GRAB = RM6k

GROSS PROFIT = RM30k - RM6k = RM24K

PETROL = 9K
MAINTENANCE = 5K
INTEREST ON CAR LOAN = 1K
CAR INSURANCE = 1K
CAPITAL ALLOWANCE = 20K

NET LOSS = [SALARY (for part timer drivers that have a job) + GROSS PROFIT] - TOTAL EXPENDITURE = (RM0 + RM24k) - RM16K - 20K = RM12K aka No tax

Haha the loop hole is real when it comes with geek economy

Even trade currency is considered geek economy hahahaha

Hi, tumpang asking. I stay in Ipoh and I purposely go to KL to do grab. I rented hotel for stay. Can I claim the hotel rental as expenses?