TAX questions

2022/11/30

Tax questions? You ask lah!

Q: If I book my accommodation through a third party booking platform (e.g. Agoda), is the receipt from this platform eligible for claiming the domestic tourism expenses relief? 

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2022/11/30

Tax questions? You ask lah!

Q: If the company sponsors flight ticket for staff to go back to hometown, is the flight ticket eligible for tax deduction?

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2022/11/23

Tax questions? You ask lah!

Q: Is the Airbnb accommodation fee eligible for claiming the domestic tourism expenses relief? 

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2022/11/23

Tax questions? You ask lah!

Q: If I book a hotel room for 3 persons costing RM 3,000 and the cost is divided between the 3 of us but the receipt is only showing my name. Can each of us claim the domestic tourism expenses relief of RM 1,000?

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2022/11/16

Tax questions? You ask lah!

Q: Are diving equipment and diving suit eligible for claiming lifestyle relief?

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2022/11/16

Tax questions? You ask lah!

Q: Is hiking equipment (e.g. hiking stick) eligible for claiming lifestyle relief?

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2022/11/09

Tax questions? You ask lah!

Q: Is the expense for parents’ dental x-ray eligible for claiming tax relief?

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2022/11/09

Tax questions? You ask lah!

Q: Can the invoice and receipt for condominium renovation be used to claim personal tax relief?

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2022/11/02

Tax questions? You ask lah!

Q: Does lifestyle relief include music and dancing classes?

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2022/11/02

Tax questions? You ask lah!

Q: Is the refinanced loan interest deductible against rental income?

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2022/10/26

Tax questions? You ask lah!

Q: We are paying a property agent commission when he brings client to our legal firm to sign Sales and Purchase Agreement. The agent is not employed by our firm. Is the referral fee considered as commission and do we need to issue Form CP58? 

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2022/10/26

Tax questions? You ask lah!

Q: If I am paying salary to a part time worker, should I issue Form EA or Form CP58 to him? 

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2022/10/19

Tax questions? You ask lah!

Q: I was staying in my own property with furniture before I rent out the property. When the property was being rented out, I have replaced some existing furniture. Can I claim the furniture replacement cost as direct expense against my rental income?

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2022/10/19

Tax questions? You ask lah!

Q: Can I claim lifestyle relief for swimming suit, swimming cap and goggles?

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2022/10/12

Tax questions? You ask lah!

Q: Is single-tier dividend received by a foreigner who is not a tax resident in Malaysia exempted from tax?

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2022/10/12

Tax questions? You ask lah!

Q: If a company’s shares are held by 2 non-SMEs (paid-up capital of more than RM 2.5 million) with 50% shareholding each, will this company be considered as an SME or a non-SME?

*SME – Small Medium Enterprise

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2022/10/05

Tax questions? You ask lah!

Q: Is there an age limit for the child for me to be eligible to claim tax relief for child’s medical insurance?

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2022/10/05

Tax questions? You ask lah!

Q: If company is buying medical insurance for a director, is the insurance premium tax deductible?

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2022/09/28

Tax questions? You ask lah!

Q: I am providing a part time accounting service and I have sub to a 3rd party and pay him wages. Can I deduct the expenses for the wages paid?

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2022/09/28

Tax questions? You ask lah!

Q: I have a full time job and I am also providing part time accounting service but I did not register with SSM. May I know which income tax form should I file?

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2022/09/21

Tax questions? You ask lah!

Q: I have 2 kids. I have registered an SSPN account for one kid under my name, whereas my husband registered another SSPN account for another kid under his name. If my husband did not claim tax relief for SSPN, can I claim tax relief for both the SSPN accounts?

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2022/09/21

Tax questions? You ask lah!

Q: Is medical check-up eligible for tax relief?

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2022/09/14

Tax questions? You ask lah!

Q: I am paying professional membership subscription fees for 3 different professional bodies. Can I claim deduction for all 3 subscriptions?

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2022/09/14

Tax questions? You ask lah!

Q: How do I make payment to LHDN for the withholding tax on digital advertising fee paid to a non-resident?

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2022/09/07

Tax questions? You ask lah!

Q: If I only rent out the upper storey of a 2-storey shop lot, is the loan interest for the whole shop lot eligible for tax deduction?

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2022/09/07

Tax questions? You ask lah!

Q: Is the quit rent late payment penalty eligible for tax deduction?

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2022/08/31

Tax questions? You ask lah!

Q: If the wife is paying for the medical insurance for her husband and son, can her husband claim the medical insurance tax relief if they opt for joint assessment?

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2022/08/31

Tax questions? You ask lah!

Q: Who is eligible to claim spouse relief?

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2022/08/24

Tax questions? You ask lah!

Q: As a tax resident individual, when is the deadline to file tax return form?

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2022/08/24

Tax questions? You ask lah!

Q: Can the company declare dividends if the company is making loss during the year?

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2022/08/17

Tax questions? You ask lah!

Q: What is the tax treatment to a director for receiving director’s allowance and director’s fee from a Sdn Bhd?

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2022/08/17

Tax questions? You ask lah!

Q: Is fixed deposit interest earned by a company or an individual subject to tax?

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2022/08/10

Tax questions? You ask lah!

Q: Does single-tier dividend apply to foreign shareholder?

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2022/08/10

Tax questions? You ask lah!

Q: Is director’s fee subject to EPF and monthly tax deduction (MTD)?

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2022/08/03

Tax questions? You ask lah!

Q: For SSPN, if I put in RM 3,000 in one year and also withdraw RM 1,000 within the same year, is the RM 2,000 balance eligible for tax relief?

How about if I only put in RM 1,000 in the year and withdraw RM 3,000 within the same year, do I need to pay tax for the RM 2,000 difference?

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2022/08/03

Tax questions? You ask lah!

Q: If a sole proprietor is contributing EPF for his salary, is the employer’s portion of the EPF contribution tax deductible?

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2022/07/27

Tax questions? You ask lah!

Q: Can salesman commission income as declared in Form CP58 be reported in Form BE? The salesman has no other income.

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2022/07/27

Tax questions? You ask lah!

Q: For rental income, if one property is making profit and the other property is suffering loss, can the rental loss be offset against the rental income? If can, must the properties be of the same type? E.g. Residential property with residential property; commercial property with commercial property.

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2022/07/20

Tax questions? You ask lah!

Q: Are donations made to charity foundation tax deductible?

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2022/07/20

Tax questions? You ask lah!

Q: Is the registration fee for virtual run eligible for lifestyle relief?

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2022/07/13

Tax questions? You ask lah!

Q: Is TV package subscription fee eligible for lifestyle relief?

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2022/07/13

Tax questions? You ask lah!

Q: Is chiropractic treatment eligible for any tax relief?

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2022/07/06

Tax questions? You ask lah!

Q: Can I claim personal tax relief for the tuition fee for my 17 years old son?

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2022/07/06

Tax questions? You ask lah!

Q: Is medical equipment for measuring blood pressure eligible for personal tax relief?

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2022/06/29

Tax questions? You ask lah!

Q: Is high end printer eligible for lifestyle relief?

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2022/06/29

Tax questions? You ask lah!

Q: If the purchase of COVID-19 self-test kit from Lazada does not have a proper invoice, but with only payment proof from Lazada at the time of purchase, is this purchase eligible for tax relief?

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2022/06/22

Tax questions? You ask lah!

Q: If a company is giving condolence money to customer and the company’s name will be posted in newspaper, is the condolence money tax deductible?

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2022/06/22

Tax questions? You ask lah!

Q: If a Malaysian employee goes for an overseas business trip for 2 weeks and causes him to be in Malaysia for less than 182 consecutive days, will this affect him to be a non-tax resident?

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2022/06/15

Tax questions? You ask lah!

Q: How much child relief can I claim for Year of Assessment 2021 if my child is above 18 years old, just finished his SPM in March 2021 and enrolled in a diploma programme in a local college in July 2021? 

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2022/06/15

Tax questions? You ask lah!

Q: If a medical check-up consists of blood and urine tests only, is it considered as a full body medical check-up?

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2022/06/08

Tax questions? You ask lah!

Q: To claim lifestyle relief for computer, does it mean that one has to purchase a whole set? Such as purchasing CPU, monitor, mouse and keyboard? 

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2022/06/08

Tax questions? You ask lah!

Q: If a foreigner receives income in Malaysia, can he claim wife and child reliefs if his family is staying overseas?

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2022/06/01

Tax questions? You ask lah!

Q: If I have opted for joint assessment for the Year of Assessment (YA) 2021, is there any issue in future if I opt for separate assessment for YA 2022 if my spouse’s income has increased?

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2022/06/01

Tax questions? You ask lah!

Q: Is foundation programme considered as a diploma programme?

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2022/05/25

Tax questions? You ask lah!

Q: If I am working for an Australian company in Malaysia but the salary is paid to my bank account in Australia in AUD currency. Is my income taxable in Malaysia?

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2022/05/25

Tax questions? You ask lah!

Q: Sammie is undertaking a Degree course but she is running her own online business. Can her father still claim child relief of RM8,000?

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2022/05/18

Tax questions? You ask lah!

Q: Is purchase of smart watch eligible for claiming lifestyle relief?

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2022/05/18

Tax questions? You ask lah!

Q: If a father’s operation fee is RM 30,000 but the insurance coverage is only RM 12,000.  The balance of RM 18,000 was paid by his son and daughter. Can each of his son and daughter claim the parents’ medical expenses tax relief of RM 8,000 for the balance amount paid? 

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2022/05/11

Tax questions? You ask lah!

Q: If a company rents a car from a car rental company on yearly basis for staff usage, is this car considered as a benefit-in-kind (BIK) for the staff?

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2022/05/11

Tax questions? You ask lah!

Q: May I know if the staff claim from company for the purchase of spectacles, can the company claim for tax deduction?

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2022/05/04

Tax questions? You ask lah!

Q: If the tenant incurred building maintenance cost such as repair of roof leaking, painting or change of tiling due to breakage, can the tenant claim tax deduction under upkeep of building?

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2022/05/04

Tax questions? You ask lah!

Q: I send my children to kindergarten and the school fee includes books. Can I claim tax relief for the books purchased from kindergarten under lifestyle relief? 

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2022/04/27

Tax questions? You ask lah!

Q: PCR and RTK COVID-19 detection tests, which one is eligible to claim double tax deduction under company’s expense? 

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2022/04/27

Tax questions? You ask lah!

Q: Is purchase of face masks eligible for personal tax relief under medical expenses?

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2022/04/20

Tax questions? You ask lah!

Q: If I buy medical insurance for my mother, can I claim tax relief on the insurance premium paid?

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2022/04/20

Tax questions? You ask lah!

Q: Can internet subscription be considered as direct expense for rental income?

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2022/04/14

Tax questions? You ask lah!

Q: Is there any age restriction for child when claiming the SSPN tax relief?

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2022/04/14

Tax questions? You ask lah!

Q: Amanda's son just purchased a laptop, and the invoice was issued under her son’s name. Can Amanda claim lifestyle relief with this invoice?

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2022/04/06

Tax questions? You ask lah!

Q: If I have signed up for 1-year yoga class in Year 2021, am I eligible for the additional lifestyle relief for sports related activities?

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2022/04/06

Tax questions? You ask lah!

Q: If Kenny purchases medicines and supplements such as warfarin, calcium and vitamins from a pharmacy because he needs these medicines and supplements after his coronary bypass surgery. Can he claim the tax relief for medical expenses for serious disease?

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2022/03/30

Tax questions? You ask lah!

Q: If motor vehicles were registered under the name of director, but held in trust on behalf of the company, are the insurance and road tax payments made by the company eligible for tax deduction?

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2022/03/30

Tax questions? You ask lah!

Q: A company is selling a membership plan and a free gift without business logo will be given for new member. Is the free gift eligible for tax deduction?

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2022/03/23

Tax questions? You ask lah!

Q: If the company’s business nature is film and video production, is it subject to SST?

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2022/03/23

Tax questions? You ask lah!

Q: Bonus payable for Year of Assessment (YA) 2021 shall be declared in Form E of Year 2021 or in Form E of Year 2022 if it is paid in Year 2022? 

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2022/03/16

Tax questions? You ask lah!

Q: If a company sells cash voucher to client, is it subject to SST?

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2022/03/16

Tax questions? You ask lah!

Q: If a company applied for bank loan moratorium last year and the interest charged is close to RM1 million. Is this bank loan interest tax deductible?

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2022/03/09

Tax questions? You ask lah!

Q: If a company purchases gift voucher to be given as a reward to customers when the customers have purchased certain amount of product from the company, is this expense tax deductible? 

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2022/03/09

Tax questions? You ask lah!

Q: Is it required to issue Form CP58 for contractor wages (not commission/not agent)?

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2022/03/02

Tax questions? You ask lah!

Q: Is it required to declare medical insurance premium paid by the company in staff’s Form EA?

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2022/03/02

Tax questions? You ask lah!

Q: Andy has received insurance compensation from insurance company due to a car accident. He has no income since accident happened, now he wants to use the compensation money to buy a car. Will he be taxed for buying a car with the compensation money?

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2022/02/23

Tax questions? You ask lah!

Q: How much personal tax relief can I claim if my child is undertaking a Foundation course in a university?

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2022/02/23

Tax questions? You ask lah!

Q: If the receipt of parents’ medical expense is issued under parents’ name, am I eligible to claim the personal tax relief under medical expenses for parents?

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2022/02/16

Tax questions? You ask lah!

Q: Can a pregnant woman claim personal tax relief under medical expense for serious disease on the medical fee incurred for miscarriage?

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2022/02/16

Tax questions? You ask lah!

Q: Is eye specialist consultation fee eligible for personal tax relief under medical expense for serious disease?

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2022/02/09

Tax questions? You ask lah!

Q: If company pays cash for unutilized annual leave, is it taxable for staff?

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2022/02/09

Tax questions? You ask lah!

Q: Emma purchases books for her children. Can she claim the books purchased as lifestyle relief? 

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2022/02/02

Tax questions? You ask lah!

Q: Is Covid-19 test kit eligible for double deduction under company expense?

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2022/02/02

Tax questions? You ask lah!

Q: Is the entrance or rental fee for sports activities eligible to claim lifestyle relief?

(e.g. ice skating entrance fee and badminton court rental fee)

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2022/01/26

Tax questions? You ask lah!

Q: If Chris purchase a laptop in overseas for his child who is studying abroad, can he use the invoice which is billed in foreign currency to claim lifestyle relief?

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2022/01/26

Tax questions? You ask lah!

Q: Is ice skating a recognized sports activity eligible for lifestyle relief?

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2022/01/19

Tax questions? You ask lah!

Q: If Charles' education fee is subsidised by his company, is he still eligible to claim the education fee tax relief? 

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2022/01/19

Tax questions? You ask lah!

Q: If Tony's mother receives RM 30,000 pension every year, can he claim the parent care relief for his mother?

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2022/01/12

Tax questions? You ask lah!

Q: Is the purchase of bicycle equipment such as helmet, knee pad, wheel considered as sports equipment for claiming lifestyle relief?

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2022/01/12

Tax questions? You ask lah!

Q: Are the medicines for diabetes and hypertension eligible to be claimed under tax relief for medical expenses for serious disease? 

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2022/01/05

Tax questions? You ask lah!

Q: If I purchase an iPad with accessories such as Apple Pencil and keyboard, can I claim lifestyle relief for the whole amount? 

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2022/01/05

Tax questions? You ask lah!

Q: If I have made annual payment for my gym membership and the period is from 1 November 2021 to 31 October 2022, can I claim lifestyle relief for Year of Assessment (YA) 2021? Do I need to prorate the annual subscription fee? 

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2021/12/29

Tax questions? You ask lah!

Q: Company ABC is sponsoring COVID-19 screening cost for employees and purchases Personal Protective Equipment (PPE) such as masks and hand sanitizers for workplace use. Are these expenses eligible for tax deduction for Company ABC?

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2021/12/29

Tax questions? You ask lah!

Q: If I transfer commission to a referrer via bank transfer, how should I prove that this commission is genuine if I could not get the recipient’s I/C number and signature? 

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2021/12/22

Tax questions? You ask lah!

Q: I have a 22-year old unmarried child, he is working during weekday with a monthly salary of RM 1,200. He is attending a skill training programme in a college during weekends. Am I eligible to claim the RM 8,000 child relief? 

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2021/12/22

Tax questions? You ask lah!

Q: I have 2 children, if my husband and I open an SSPN account for each child separately, can both of us claim the tax relief of RM8,000 separately in our tax return?

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2021/12/15

Tax questions? You ask lah!

Q: Mr Lee wants to transfer his real property to his child. Is there any difference between transferring the property to his child directly and transferring to a trust? Is stamp duty required to be paid?

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2021/12/15

Tax questions? You ask lah!

Q: If company is buying a used car from another person, is the purchase tax deductible?

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2021/12/09

Tax questions? You ask lah!

Q: Are the legal expenses incurred in suing a staff for stealing company’s customer data tax deductible? 

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2021/12/09

Tax questions? You ask lah!

Q: If Marvin has already claimed the medical expenses for critical illness from the insurance company, can he still claim tax relief for such medical expenses in his personal income tax?

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2021/12/02

Tax questions? You ask lah!

Q: Jason is working overseas, and he has a property in Malaysia. If he wants to remit the money from his overseas bank account to repay his loan instalment, is he required to declare the remitted money as taxable income in Malaysia?

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2021/12/02

Tax questions? You ask lah!

Q: A company overpaid the supplier, if the company wants to write off the overpaid amount as expense, is this expense tax deductible?

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2021/11/24

Tax questions? You ask lah!

Q: If a company buys insurance for staff, the policy owner is the staff and the beneficiary is his family member. Is the premium paid by the company tax deductible?

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2021/11/24

Tax questions? You ask lah!

Q: Can loan interest be considered as incidental cost in the calculation of Real Property Gains Tax (RPGT)?

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2021/11/17

Tax questions? You ask lah!

Q: For parent’s medical expenses relief, must it be a critical illness to be eligible? How about normal flu and cough?

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2021/11/17

Tax questions? You ask lah!

Q: Is personal trainer fee from gym eligible for claiming lifestyle relief?

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2021/11/10

Tax questions? You ask lah!

Q: As only replacement of furniture can be claimed for tax deduction against rental income, how to prove that the purchase of furniture is a replacement?

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2021/11/10

Tax questions? You ask lah!

Q: I have rented out a terrace house, can I claim tax deduction for grass cutting and home cleaning services against the rental income?

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2021/11/03

Tax questions? You ask lah!

Q: If I sign up for an app and make payment through a local telecommunication company. Do I need to pay withholding tax?

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2021/11/03

Tax questions? You ask lah!

Q: Are the wages paid to casual workers required to be filled in Form E?

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2021/10/27

Tax questions? You ask lah!

Q: Can I get tax deduction if I sponsor for my employee's study?

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2021/10/27

Tax questions? You ask lah!

Q: If company gives meal allowance to staff, can this be tax exempted for the staff? 

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2021/10/20

Tax questions? You ask lah!

Q: Are the professional fees charged by tax agent on tax audit consultation and preparation of transfer pricing documents tax deductible? 

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2021/10/20

Tax questions? You ask lah!

Q: Is the annual tax filing fee tax deductible? 

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2021/10/13

Tax questions? You ask lah!

Q: Should I prepare Form CP58 to employees who receive commission?

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2021/10/13

Tax questions? You ask lah!

Q: Do I need to prepare Form CP58 for a one-time commission?

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2021/10/06

Tax questions? You ask lah!

Q: If I use digital advertisement to promote my business and I outsource it to an advertising agency to help my company to manage the advertisement, they have charged my company a retainer fee, is the fee tax deductible? 

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2021/10/06

Tax questions? You ask lah!

Q: Do I need to pay withholding tax for digital advertising fee?

If I did not make payment for withholding tax, is the advertising fee tax deductible? 

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2021/09/29

Tax questions? You ask lah!

Q: Do I need to prepare accounts for rental income?

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2021/09/29

Tax questions? You ask lah!

Q: Can water and electricity charges be offset against rental income? 

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2021/09/22

Tax questions? You ask lah!

Q: How to indicate that the entertainment expense is for staff? 

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2021/09/22

Tax questions? You ask lah!

Q: A retail company wants to donate goods worth RM1000 to a person who needs them. Can the company claim tax deduction? 

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2021/09/15

Tax questions? You ask lah!

Q: If I have never filed a tax return before and I want to file tax now, do I need to file for previous years?

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2021/09/15

Tax questions? You ask lah!

Q: May I know what is Tax Identification Number (TIN)? How to obtain?

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2021/09/08

Tax questions? You ask lah!

Q: Is the RM 6,000 tax exempt travelling allowance applicable to a Managing Director?

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2021/09/08

Tax questions? You ask lah!

Q: Is fixed monthly travelling allowance entitled for the tax exemption of up to RM 6,000?

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2021/09/01

Tax questions? You ask lah!

Q: Is the cost of lion dance performance eligible for claiming tax deduction? 

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2021/09/01

Tax questions? You ask lah!

Q: Is farewell lunch or dinner eligible to get 100% tax deduction? 

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2021/08/25

Tax questions? You ask lah!

Q: Are weekend entertainment expenses eligible for claiming tax deductions?

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2021/08/25

Tax questions? You ask lah!

Q: A director had lunch with a staff, but the staff has family relationship with the director, is the lunch eligible to claim 100% tax deduction as staff entertainment?

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2021/08/18

Tax questions? You ask lah!

Q: How to claim tax deduction for the membership fee paid for professional qualification?

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2021/08/18

Tax questions? You ask lah!

Q: Jane is pursuing ACCA qualification, can she claim the education fee relief for the fees paid? For example, registration fee, exemption fee, exam fee, tuition fee, material fee and annual subscription fee.

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2021/08/11

Tax questions? You ask lah!

Q: Are kindergarten fees eligible for claiming personal tax relief?

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2021/08/11

Tax questions? You ask lah!

Q: A father owns a property, but he rented out the property to his son and signed a tenancy agreement. Is this approach correct?

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2021/08/04

Tax questions? You ask lah!

Q: If a Malaysian company pays advertising fee to a local social media influencer, can the company claim this expense for tax deduction?

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2021/08/04

Tax questions? You ask lah!

Q: If I change my tax submission from using Form BE to Form B, should I change my tax file prefix from SG to OG by myself?

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2021/07/28

Tax questions? You ask lah!

Q: I have bought a company car in Year 2018, but I did not report benefit-in-kind (BIK) in my income tax return for Years of Assessment (YAs) 2018 and 2019, can I declare the BIK amount in Year of Assessment 2020? What are the consequences of not reporting the BIK in YAs 2018 & 2019? 

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2021/07/28

Tax questions? You ask lah!

Q: Mimi has purchased a handphone in Year 2020 but did not claim the lifestyle relief in Year of Assessment (YA) 2020, can she claim in YA 2021?

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2021/07/21

Tax questions? You ask lah!

Q: My net rental income for Year of Assessment 2019 is negative (rental loss), can I carry forward the rental loss to the next year? 

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2021/07/21

Tax questions? You ask lah!

Q: Tom has 3 investment properties, one of the properties has incurred rental loss in the Year of Assessment 2020, can he contra the rental loss with other properties which are with rental gain?

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2021/07/14

Tax questions? You ask lah!

Q: Can I claim lifestyle relief for ebook and eNewspaper? 

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2021/07/14

Tax questions? You ask lah!

Q: If the mobile phone bill has detailed breakdown for talk time and data plan charges, can the data plan portion be eligible for lifestyle relief?

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2021/07/07

Tax questions? You ask lah!

Q: Edwin‘s golf club subscription includes gym facilities access, can he claim lifestyle relief for his golf club membership fee?

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2021/07/07

Tax questions? You ask lah!

Q: I’m staying in Malaysia but I purchased life insurance from Singapore, can I claim the insurance relief?

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2021/06/30

Tax questions? You ask lah!

Q: Ken has purchased a new laptop amounting RM 4,000 for personal use on 10 August 2020 and there is only one receipt. In his income tax return for Year of Assessment 2020, can he claim RM 1,500 under lifestyle relief and RM 2,500 under the special additional lifestyle relief for the purchase of smartphone/tablet/personal computer? 

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2021/06/30

Tax questions? You ask lah!

Q: Can I claim lifestyle relief for the purchase of new smartphone/tablet/personal computer every year? 

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2021/06/23

Tax questions? You ask lah!

Q: If a director has not received the accrued director fee, is the director fee taxable?

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2021/06/23

Tax questions? You ask lah!

Q: Can a company claim tax deduction for the accrued directors fees declared?

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2021/06/16

Tax questions? You ask lah!

Q: I have 3 siblings. Can all of us claim our mum’s medical expenses under personal tax relief? If she is staying in a retirement home now, can we claim tax relief for the monthly fee?

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2021/06/16

Tax questions? You ask lah!

Q: If Sasa’s mother passed away in February 2020, can she still claim the parent relief of RM 1,500 in her individual tax submission for the Year of Assessment 2020? 

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2021/06/09

Tax questions? You ask lah!

Q: If I make an online bank transfer using my company’s bank account to an existing customer to sponsor their company annual dinner and they have provided supporting documentation for the sponsor. Can my company claim tax deduction for the sponsored amount? 

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2021/06/09

Tax questions? You ask lah!

Q: Is company trip tax deductible?

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2021/06/02

Tax questions? You ask lah!

Q: A Malaysian who is working overseas without a tax file number has sold his real property in Malaysia. Does this person need to register a tax file number? After registering a tax file number (if needed), does this person need to file an income tax return form annually even though this person is working overseas?

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2021/06/02

Tax questions? You ask lah!

Q: My company has received financial assistance of RM 600 per month from Wage Subsidy Programme (WSP) in May 2020, is this amount taxable? I have paid the amount to my staff as part of his salary within 7 days, can my company claim tax deduction for this amount paid? 

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2021/05/26

Tax questions? You ask lah!

Q: Is condolence given to customers tax deductible?

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2021/05/26

Tax questions? You ask lah!

Q: Is traditional Chinese medicine/supplement eligible to claim relief?

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2021/05/19

Tax questions? You ask lah!

Q: If Andy uses the government subsidy/allowance to repay the company's expenses, are the expenses tax deductible?

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2021/05/19

Tax questions? You ask lah!

Q: For government servants who apply for early retirement, do they need to declare the gratuities received?

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2021/05/12

Tax questions? You ask lah!

Q: Is EIS taxable?

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2021/05/12

Tax questions? You ask lah!

Q: Do I need to declare the profit earned from unit trust?

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2021/05/05

Tax questions? You ask lah!

Q: If Teddy revises his previous tax submission, will he be audited?

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2021/05/05

Tax questions? You ask lah!

Q: If Cindy is employed by a foreign company but exercises her employment in Malaysia, does she need to file Form BE?

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2021/04/28

Tax questions? You ask lah!

Q: If my child has started working, can I still claim the medical insurance relief under my tax file?

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2021/04/28

Tax questions? You ask lah!

Q: If my child graduated from a university in June then he started working within the same year, can I still claim the RM 8,000 child relief? 

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2021/04/21

Tax questions? You ask lah!

Q: Can a retired person claim EPF tax relief? 

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2021/04/21

Tax questions? You ask lah!

Q: If a self-employed person contributes EPF, can he/she claim the EPF tax relief?

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2021/04/14

Tax questions? You ask lah!

Q: If a company is paying monthly parking fee for staff, can the company claim tax deduction? 

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2021/04/14

Tax questions? You ask lah!

Q: If a company is giving gift voucher and hamper to an existing customer, can the company claim tax deduction?

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2021/04/07

Tax questions? You ask lah!

Q: If Karen has no income for the year of assessment (i.e. no employment and other types of income), does she need to file her income tax return?

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2021/04/07

Tax questions? You ask lah!

Q: Can Steven choose not to stamp his tenancy agreement if he rents out an apartment? If there is no official stamped Tenancy Agreement, is he obliged to declare his rental income?  

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2021/03/31

Tax questions? You ask lah!

Q: Are tenancy agreement fee and stamping fee eligible to be claimed as direct expenses for rental income? 

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2021/03/31

Tax questions? You ask lah!

Q: Is property agent’s commission eligible to be claimed as a direct expense for rental income?

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2021/03/24

Tax questions? You ask lah!

Q: If a staff uses the medical benefit given by company to buy health supplements and equipment like hearing aids, will the medical benefit be tax deductible?

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2021/03/24

Tax questions? You ask lah!

Q: Is there a limit to the medical benefit that a Sdn Bhd can give to their staff and family?

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2021/03/17

Tax questions? You ask lah!

Q: Recently we have purchased medical equipment and medical face mask from overseas, but purchases from overseas such as Taobao has no actual invoice from the supplier, so can we take these purchases into our accounts?

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2021/03/17

Tax questions? You ask lah!

Q: What is the tax treatment for advance rental, rental deposit and utility deposit? 

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2021/03/10

Tax questions? You ask lah!

Q: If Bob’s insurance policy consists of life and medical insurance, how should he claim the tax relief for life insurance and the tax relief for medical insurance?

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2021/03/10

Tax questions? You ask lah!

Q: If Andrew signs up for a mobile data plan and at the same time, he also purchases a handphone by paying an additional RM 100 per month, can he claim the additional RM 100 as the purchase of handphone for lifestyle relief?    

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2021/03/03

Tax questions? You ask lah!

Q: Company ABC hires foreign workers, but the permit of the foreign workers is registered under another company, does Company ABC need to report the salary paid to these foreign workers in Form E?

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2021/03/03

Tax questions? You ask lah!

Q: If the director only receives director’s fee, does it need to be reported in Form E? 

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2021/02/24

Tax questions? You ask lah!

Q: For the education fees relief of RM7,000, does it include online courses such as shares and options trading, online marketing, property investments, etc?

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2021/02/24

Tax questions? You ask lah!

Q: Is the cash won from winning the lottery taxable? 

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2021/02/17

Tax questions? You ask lah!

Q: Connie has been residing in Singapore since Year 2020 due to COVID-19 travel restrictions. Her number of days in Malaysia for Year 2020 was only 70 days. Is she still considered as a tax resident for Year of Assessment 2020? 

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2021/02/10

Tax questions? You ask lah!

Q: Gary purchases a mobile phone under an instalment plan, can he claim the mobile phone under lifestyle relief? 

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2021/02/10

Tax questions? You ask lah!

Q: Is telco plan subscription eligible for lifestyle relief?

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2021/02/03

Tax questions? You ask lah!

Q: Company ABC purchased goods from China supplier and received an invoice written in Chinese, is this invoice valid? 

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2021/02/03

Tax questions? You ask lah!

Q: If a supplier is unable to provide a valid sales invoice, how should the company prove that the transaction is valid?

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2021/01/27

Tax questions? You ask lah!

Q: If Company JKL deposits part of a bank loan into fixed deposit, is there any issue to take note?

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2021/01/27

Tax questions? You ask lah!

Q: If Company ABC take a business loan and lend it to a director, will there be any interest restriction?  

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2021/01/20

Tax questions? You ask lah!

Q: Is furniture purchased for tenant considered as direct expense? 

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2021/01/20

Tax questions? You ask lah!

Q: If a newly acquired sub-sale property requires repair works, would the repair costs incurred be tax deductible?

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2021/01/13

Tax questions? You ask lah!

Q: Badminton game expenses: badminton court rental fee, shuttlecock, badminton racquet. Are these badminton expenses eligible to be claimed as lifestyle relief?

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2021/01/13

Tax questions? You ask lah!

Q: Is yoga class fee eligible to be claimed as lifestyle relief?

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2021/01/06

Tax questions? You ask lah!

Q: If a property belongs to an individual, but the loan is under a company's name. Would the rental income be reported under the individual's income tax?

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2021/01/06

Tax questions? You ask lah!

Q: If a property belongs to A & B as stated in the Sales and Purchase Agreement, but only A is stated in the rental agreement as the landlord, would the rental income only be declared as A's income?

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2020/12/30

Tax questions? You ask lah!

Q: Is bicycle eligible to be claimed as lifestyle relief?

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2020/12/30

Tax questions? You ask lah!

Q: Is bicycle trainer set eligible to be claimed as lifestyle relief?

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2020/12/23

Tax questions? You ask lah! 

Q: If a property rented out is vacant for 4 months, would the loan interest, management fees and other rental expenses incurred during the vacant period be tax deductible?

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2020/12/23

Tax questions? You ask lah! 

Q: If a property has only been rented out for 9 months in the first year, would the direct expenses incurred be calculated proportionately? 

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2020/12/16

Tax questions? You ask lah! 

Q: If a husband is paying for his wife's life insurance premium, can his wife claim tax relief?

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2020/10/29

Updates on Income Tax Exemptions & Deductions + Amendment on Service Tax Policies

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2020/06/27

Tax Deduction for Secretarial and Tax Filing Fee

Effective year of assessment 2020, tax deduction allowed up to maximum of RM15,000 per year for secretarial and tax filing fees. 

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2020/06/25

Special Tax Deduction on Rental Reduction

A special tax deduction was introduced in the earlier Economic Stimulus Package for landlords who reduce at least 30% rental on business premises rented to SME tenants, for period of April 2020 to June 2020.
This special deduction has been extended to 30th September 2020 as announced in the Short-Term Economic Recovery Plan (PENJANA).

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2020/06/16

25% Reduction for Foreign Worker Levy

Levy fees payable for the renewal of visit pass which expires on any date from 1 April 2020 to 31 December 2020 are remitted by 25%.

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2020/06/13

Taxable & Exempted Employment Income

  • Source of employment income
  • Taxable employment income
  • Tax exempted employment income
  • Basis year and basis period

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2020/02/19

Form E Submission Criteria You Need to Know

Did you notice that Sdn Bhd are required to file Form E irrespective active or dormant, with or without employees? 

In fact, the biggest problem is that many companies are not aware that they have met the criteria to submit a Form E. Companies who have employees, issued salary or registered an E-filing number are required to file a Form E. 

Watch out these grey zones to avoid hefty penalties!

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2017/04/03

TAX - a quick check on whether you should file Form E and CP8D

  • A quick check on whether your company should file Form E
  • Deadlines for Submission of Form E
  • A quick check on whether you need to fill in CP8D

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2017/02/21

What Employers Must Know About Form E Submission?

Deadlines for Employers

  • eData Praisi - Closing on 22 February 2017
  • Form EA - Must prepare and provide to all employees by 28 February 2017
  • Form CP58 - Not later than 31 March of the following year in which the incentives were paid

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2016/3/31

Have You Submitted Form E?

March is where the season of tax submission begins. All Malaysian businesses irregardless of large, medium or small companies are held to submit a Form E to the Inland Revenue Board (IRB) by the end of this month.

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