hello..i would like to ask you all that when we can start pay our income tax??
is there any terms and condition??

if i miss the chance to pay the insome tax ..then i will be fined??

may i know where can i get the details bout it??im noob in income tax actually..pls help..

i have to prrepare EA form and submit togeder with all the claim and supporting document?? i have bought insurans so i can make deduction from my income tax,right?? i have to ask my agent to issue me a letter to do that?

i think medical card is 3k and life is 6k. The insurance statement will do.

When you start earning your income

Yes. If you have submitted your income tax and delayed in paying after the due date, then its liable to fine. You need to ask the bank in processing this...and not all banks accept payment for LHDN

Call LHDN! check its website http://hasil.org.my

No. Only submit the forms, but keep your documents for reference. You may be called to provide evidence if the need arise.

Your insurance deductions are noted in the form itself. Pls refer to it.
Yes, you need the letter as evidence (and reference for yourself) as to the annual amount to claim.

This post has been edited by happy4ever: Mar 10 2008, 11:12 PM

Does anybody know when the deadline this year is?

should be end of april.....

Last day submission

BE Form 2007 - 30th Apr 2008

B Form 2007 - 30th June 2008

if you can pay i will intro my fren to you, he is a professional tax agent.

Hi all,

I'm totally new to tax thingy... I just got my EA form and PCB2 form. May I know how do I know if I need to pay for tax? As stated in my payslip the tax is auto-deducted. So mean I no need to pay anymore? And I tried to calculate deductions (EPF, SOCSO, Tax) from my payslip but seems like it is not same as what stated in my EA form. How to check it correctly?

Thanks in advance.

Fill in your tax form online first.
Then fill in the amount deducted for tax.

You will end up not having to pay tax because your have been deducted. Then for the extra deducted, you can claim refund from LHDN.

Just fill it online but don't commit first. its very simple

From http://www.hasil.org.my/english/eng_index.asp right?

Will check out tonight. Gotta go to work now.

Thanks

hi..i just wan ask u why u can said that "end up not having to pay tax because your have been deducted"??? and can also claim refund from LHDN???

I thought you only need to pay income tax if your salary is above RM2500? Those below dun need to pay?

There is a part in the form for you to key in how much you have been deducted for tax by your employer.
If it exceeds your taxable amount, then you don't have to pay anything, but can initiate a refund (manually)

If you have salary, just register with LHDN, then fill in the tax form. The percentages calculated will tell you if you need to pay or not.
Also keep all your receipts from book purchases, parents' medical bills, insurance statements, etc etc as it can be used to reduce your taxable amount.

Its very easy unlike previous years where we have to manually calculate based on the given formula.
Now everything is electronic.

---

Added on March 12, 2008, 11:20 amNot forgetting, even if your salary is 2500 below, but if you have a big fat bonus and gets reflected in your EA form, you could still be taxable!

Just fill in the form la...the taxable amount normally cost about Rm100 to RM200, more or less, if your salary range is below RM3000.



This post has been edited by happy4ever: Mar 12 2008, 11:20 AM

Hi,

If you are new to paying tax....or are a little unsure about something, please post your questions on the FREE TAXSAYA forum at forum.taxsaya.com.

Regards
Trevor Keegan
www.taxsaya.com
Malaysia's First FREE Multi-lingual Tax Software

Hi,

Please refer to our FREE Forum, http://taxsaya.com/smf/index.php?topic=34.0 as this has already been answered in detail there.

Regards
Trevor Keegan
www.taxsaya.com
Malaysia's First FREE Multi-Lingual Tax Software

I bookmark this.
I wanted to see how this so called tax professional answer your question