TAX QUESTIONS? YOU ASK LAH!

Your weekly dose of tax knowledge - become tax savvy in just 2 minutes!


Q: Is the medical allowance given to staff need to be recorded in the staff's Form EA?

A: Fixed medical allowances received on a monthly or yearly basis regardless of it being utilised by an employee are a form of perquisite and are considered as taxable income of the staff. Thus, it is required to be included in the staff’s Form EA.


Wishing you plentiful tax savings!

Zen Chow

YYC Tax Guru

Subscribe To Our Newsletter To Get Weekly Dose of Tax Knowledge!

We respect your email privacy


Home     About Us     Contact Us     Site Map

Copyright 2024    YYC HOLDINGS SDN BHD 201501018259 (1143591-H)    All rights reserved.

YYC New Logo White Text