TAX QUESTIONS? YOU ASK LAH!

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Q: Is the purchase of fishing equipment, such as fishing rods and reels eligible for tax relief?

A: Yes. Fishing is a sports activity listed under the Sports Development Act 1997. Therefore, a complete set of fishing equipment, such as a fishing rod and reel, is regarded as qualifying sports equipment and is eligible for the sports-related additional lifestyle tax relief of up to RM1,000.