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 Taxable income for individuals, businesses

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keith_hjinhoh
post May 18 2008, 11:12 PM

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QUOTE(David83 @ May 18 2008, 11:02 PM)
One observation on Self Relief of RM 8000. This figure has been there since when?

Shouldn't it should be reviewed since the price of essential goods are increasing annually?

RM 8000 per year translated to roughly RM 667 per month. How an individual could survive in today's world with that figure.

What you guys think on the revision of the self relief (Individu dan saudara tanggungan)? Perhaps to RM 10k, 12k or even higher.
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FYI, Self relief only reviewed about every 10 years or so..... So.... sad.gif

This post has been edited by keith_hjinhoh: May 19 2008, 01:01 AM
keith_hjinhoh
post May 19 2008, 01:00 AM

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QUOTE(David83 @ May 18 2008, 11:20 PM)
I'm talking about "Individu dan saudara tanggungan" of RM 8k. It only relieves once every 3-5 years? Not other kinds of relief like computer purchase.

Sorry I'm new in tax.
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I mean reviewed..

The last time reviewed was year 1999 where the personal relief upgrade from 5000 to 8000.

It's almost 10 years.

 

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