Your weekly dose of tax knowledge - become tax savvy in just 2 minutes!
Q: I signed up a Taekwondo class for my son. Is this class fee eligible for claiming tax relief?
A: If the Taekwondo class is provided by a club or association registered with the Commissioner of Sports or provided by a company incorporated under the Companies Act 2016, the class fee incurred for your son is eligible for the sports-related additional lifestyle tax relief of up to RM1,000.
Wishing you plentiful tax savings!
Zen Chow
YYC Tax Guru