Your weekly dose of tax knowledge - become tax savvy in just 2 minutes!
Q: Is the registration fee for virtual run eligible for lifestyle relief?
A: If the virtual run is a sports competition where the organiser is approved and licensed by the Commissioner of Sports under the Sports Development Act 1997, then the registration fee will be eligible for lifestyle relief up to RM 500.
Wishing you plentiful tax savings!
YYC Tax Guru