Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Tax Rebate for Sports and Exercise Equipment, What is covered?

views
     
ronnie
post Apr 13 2009, 04:38 PM

Not enough stars
*********
All Stars
21,332 posts

Joined: Jan 2003
From: Kuala Lumpur



Shuttle cocks and Racquet can be tax relief-ed
shahiwan
post Apr 23 2009, 09:43 AM

New Member
*
Junior Member
46 posts

Joined: Jan 2003
From: dekat ngan area setapak,selayang,ulu klang,sentul


PEMBELIAN PERALATAN
SUKAN UNTUK AKTIVITI
SUKAN
Potongan cukai sebanyak RM300 diberi atas pembelian peralatan sukan yang dilakukan
oleh individu untuk aktiviti sukan mengikut jenis sukan yang disenaraikan dalam Akta
Pembangunan Sukan 1997. Peralatan sukan termasuk alat-alat yang mempunyai jangka
hayat yang singkat seperti bola golf dan bulu tangkis tetapi tidak termasuk pakaian sukan,
contoh: pakaian renang dan kasut sukan. Perenggan 46(1)(l)





scoop7
post Apr 23 2009, 10:57 AM

orly? mai pen rai
******
Senior Member
1,154 posts

Joined: May 2006
From: Seremban/KL
QUOTE(shahiwan @ Apr 23 2009, 09:43 AM)
PEMBELIAN PERALATAN
SUKAN UNTUK AKTIVITI
SUKAN
Potongan cukai sebanyak RM300 diberi atas pembelian peralatan sukan yang dilakukan
oleh individu untuk aktiviti sukan mengikut jenis sukan yang disenaraikan dalam Akta
Pembangunan Sukan 1997. Peralatan sukan termasuk alat-alat yang mempunyai jangka
hayat yang singkat seperti bola golf dan bulu tangkis tetapi tidak termasuk pakaian sukan,
contoh: pakaian renang dan kasut sukan. Perenggan 46(1)(l)
*
this means runnning shoes cannot lor cry.gif
siksa
post Apr 23 2009, 11:44 AM

T_T
******
Senior Member
1,016 posts

Joined: Jan 2003


Where Do You Guys Got All This Info? I Need To Know What Else Can Be Tax Rebated? Thanks. thumbup.gif

This post has been edited by siksa: Apr 23 2009, 11:45 AM
dream.angels
post Apr 23 2009, 04:24 PM

Enthusiast
*****
Senior Member
730 posts

Joined: Jul 2007
"Included quite a number of sports equipment including bodybuilding.
Excludes sportswear, sports shoes. Also excluding kid's bicycles unless it's for competition.
Golfballs and shuttlecocks can be rebated from income tax claims."

got this off another thread here on lyn..
WoodStock
post Dec 28 2010, 11:15 AM

On my way
****
Senior Member
543 posts

Joined: Feb 2006



do renting a badminton court, eligible for tax deduction??
stacko
post Dec 29 2010, 02:08 PM

On my way
****
Senior Member
628 posts

Joined: Oct 2005


I'm interested to get a stationary exercise bike. Is it considered a sports item for tax deduction?

rubrubrub
post Jan 4 2011, 12:55 AM

senor
******
Senior Member
1,793 posts

Joined: Oct 2008
From: UC Berkeley


QUOTE(stacko @ Dec 29 2010, 02:08 PM)
I'm interested to get a stationary exercise bike. Is it considered a sports item for tax deduction?
*
yes i think it is eligible.
evilizlan
post Feb 18 2012, 08:50 PM

New Member
*
Junior Member
11 posts

Joined: Aug 2007


like this link.. he is fighting for increment of tax exempt.. http://www.facebook.com/permalink.php?stor...01¬if_t=like
coolie
post Feb 19 2012, 11:44 PM

Casual
***
Junior Member
347 posts

Joined: Jan 2008


I'm fighting for tax relief from importing sporting goods!!!
rstusa
post Apr 26 2012, 02:32 PM

Regular
******
Senior Member
1,798 posts

Joined: Sep 2004
From: Yuen Long, HK || Seremban || Kuala Lumpur


I want to know this tax rebate include the Marathon joining fee or not?
extremepower
post Apr 26 2012, 02:55 PM

On my way
****
Senior Member
545 posts

Joined: Sep 2007
From: SG & KL
Whoa.. good la... come come... wink.gif
Band Aid
post Apr 11 2013, 06:55 AM

New Member
*
Junior Member
30 posts

Joined: Apr 2010
QUOTE(rstusa @ Apr 26 2012, 03:32 PM)
I want to know this tax rebate include the Marathon joining fee or not?
*
QUOTE
From Akta 576 - Akta Pembangunan Sukan 1997)

Pembangunan Sukan

JADUAL PERTAMA

(seksyen 2)

Aktiviti yang berikut adalah dikira sebagai sukan bagi maksud Akta ini:

1. Memanah
2. Olahraga
3. Sukan Air
4. Sukan Bermotor
5. Badminton
6. Bola Keranjang
7. Biliard dan Snuker
8. Bina Badan
9. Boling
10. Tinju
11. Kriket
12. Lumba Basikal
13. Sukan Ekuestrian
14. Lawan Pedang
15. Bola Sepak
16. Golf
17. Gimnastik
18. Bola Baling
19. Hoki
20. Judo
21. Karate Do
22. Boling Padang
23. Bola Jaring
24. Ragbi
25. Sepak Takraw
26. Menembak
27. Silat Olahraga
28. Tenis Ringan
29. Sofbol
30. Skuasy
31. Pingpong
32. Tae kwan do
33. Tenis
34. Bola Tampar
35. Luncur Air
36. Angkat Berat
37. Gusti
38. Wushu
39. Kapal Layar


From the following table no specific mention marathon but I guess it falls under Olahraga/Athletics.
Usually what you pay for marathon?
Isit shoes, the outfit, fees, drinks/supplement? I know shoes & outfit cannot get exemptions but fees maybe yes or else how else you going to benefit from the tax exemption for this sporting category?

QUOTE
D8C PEMBELIAN PERALATAN SUKAN UNTUK AKTIVITI SUKAN

Potongan cukai sebanyak RM300 diberi atas pembelian peralatan
sukan yang dilakukan oleh individu untuk aktiviti sukan mengikut jenis
sukan yang disenaraikan dalam  Akta Pembangunan Sukan 1997.
Peralatan sukan termasuk alat-alat yang mempunyai jangka hayat yang
singkat seperti bola golf dan bulu tangkis tetapi tidak termasuk pakaian
sukan, contoh: pakaian renang dan kasut sukan. Perenggan 46(1)(l)
It just mentioned 'peralatan sukan' in there.. so I guess the fee is not counted?



btw..

Tax rebate and tax exemptions is two different category.

Tax rebate you can offset the whole amount from taxable income;
(there's only 3 category e.g individual rebate for taxable income lower than RM35,000 per annum, married couple, and ZAKAT)

whereby tax exemption is just getting certain goods from being taxed off your total income..
(many category e.g sport equipments, high speed broadband etc).

And you got relief too from EPF, Life/medical insurance and all.

This post has been edited by Band Aid: Apr 11 2013, 07:12 AM
munkeyflo
post Apr 11 2013, 08:47 AM

Blooop bloop bloop
Group Icon
Staff
2,799 posts

Joined: Nov 2007
From: On the beach


Equipment = Tangible items
Believe all those fees and renting of badminton court or paying for other service are not included.
ronnie
post Mar 26 2014, 10:43 AM

Not enough stars
*********
All Stars
21,332 posts

Joined: Jan 2003
From: Kuala Lumpur



Refer to Question Q63
http://www.hasil.gov.my/pdf/pdfam/FAQ_B_EN..._11042011_1.pdf


This post has been edited by ronnie: Mar 26 2014, 01:56 PM
TheEvilMan
post Mar 26 2014, 10:55 AM

囧囧囧囧囧囧囧囧囧囧囧囧
****
Senior Member
675 posts

Joined: Nov 2011



Usually i just grab myself a new pair of vibram and it easily exceed rm300

I dun think fees from Gym, Yoga class etc apply in this matters, it's more of a physical goods tax reduction.
Matthewksexy
post Mar 26 2014, 11:20 AM

Getting Started
**
Junior Member
185 posts

Joined: Mar 2013
QUOTE(ronnie @ Mar 26 2014, 10:43 AM)
soli, ur link not working... blink.gif
siokkian
post Mar 3 2015, 09:34 AM

New Member
*
Newbie
6 posts

Joined: Jul 2012
Hi, could someone enlighten me whether the work out gloves are entitle for tax relief or not?
ocphangaz
post Mar 3 2015, 09:43 AM

Midlife Crysis.
*****
Senior Member
768 posts

Joined: Nov 2004
QUOTE(spana @ May 5 2008, 11:45 AM)
The question is whether this RM300 is deductable from: -

1. Total Taxable Income.

OR

2. The Actual Tax payable.

Eg. if my total taxable income is RM100,000 a year and this RM300 is deducted from here...then this tax relief is just peanuts....

but if my taxable income is RM100,000 and the total tax payable is lets say RM8,000...  if this RM300 is deducted from here, then it is very much worth it.... my net tax payable will be RM7,700. this is huge man....

anyone can clarify this.... ???
*
first time do income tax ar?

it's no1 la of course.

it's eligible for tax reduction, not RM300 sponsor...

/k cakap aje all 20k salary, but all never do tax... lipot to lhdn
mekboyz
post Dec 3 2015, 02:03 PM

Casual
***
Junior Member
438 posts

Joined: Apr 2007
From: Petaling Jaya



QUOTE(siokkian @ Mar 3 2015, 09:34 AM)
Hi, could someone enlighten me whether the work out gloves are entitle for tax relief or not?
*
Yeah this. And other work out equipment?

3 Pages < 1 2 3 >Top
 

Change to:
| Lo-Fi Version
0.0262sec    1.42    5 queries    GZIP Disabled
Time is now: 23rd December 2025 - 08:09 PM