QUOTE(knwong @ Apr 1 2025, 04:59 PM)
I have a ethical question...why do you choose to declare your rental income?
If don't declare...how will LHDN know?
era of e-invoicing LHDN will know if the tenant register a business and put the rental paid to you as his expense.If don't declare...how will LHDN know?
In LHDN, there will be a record of income from rent.
For example, your estimate property monthly payment could be RM10,000 from 4 properties. Your EA form states your monthly income is RM14,000.
So if you don't rent out, by LHDN estimate, you only have 4K left to spend a month.
But if you travel Airasia to Bangkok every 2-3 months (Airasia generates e-invoices to LHDN), surely you got undeclared income.
and LHDN will just audit and first thing they ask is rental income, easiest to catch.
This post has been edited by Chrono-Trigger: Apr 1 2025, 05:48 PM
Apr 1 2025, 05:45 PM

Quote
0.0161sec
0.33
6 queries
GZIP Disabled