Hi guys,
Just wondering if car allowance while doing sales is taxable ?

car allowance given to u fixed every month also consider income for u

erm, i thought anything categorized under 'allowance' will not be taxable...? that's why company prefer to give low salary but nice allowance, no?

if fixed allowance.. yes.. benefit in kind mar

if claim by millage and different monthly.. nope***

*** if abused, LHDN can buka file to investigate.. my former company somebody kena before..

Car allowance and company car is taxable

Taxable. Company rather give allowance because can cut any time. Salary can’t simply cut but allowances can be reduced anytime and low chance you can fight in court

Thank you for the clarification.

Yes taxable but I think only if over certain amount. If not mistaken is 6000?

Also car allowance not applicable for majikan epf contribution

There is capping amount for non-taxable. Every month RM 500 & capped at RM 6000 annually.

Any figure more than that is taxable.

Plus in calculate bonus as multiple of monthly salary, allowances are not included

claim under travel allowance 6k exempt. over 6k need proof.

Petrol card, petrol allowance, travelling allowance or toll payment or any of its combination for official duties. If the amount received exceeds RM6,000 a year, the employee can make a further deduction in respect of the amount spent for official duties. Records pertaining to the claim for official duties and the exempted amount must be kept for a period of 7 years for audit purpose.

This post has been edited by lyn_member: Mar 7 2023, 02:07 PM