Dead line:
Individual without business income: 30th April 2013 (applicable to me)
Individual with business income: 30th June 2013
If you need the excel file, kindly email me. (ck5354@gmail.com)
You can refer the article here:
I extract some information that is useful for me:
Tax Relief
You are entitle for tax relief for the items in the table below.
| No. | Individual Relief Types | Amount (RM) |
|---|---|---|
| 1 | Self and Dependent | 9,000 |
| 2 | Medical expenses for parents | 5,000 (Limited) |
| 3 | Basic supporting equipment | 5,000 (Limited) |
| 4 | Disabled Individual | 6,000 |
| 5 | Education Fees (Individual) | 5,000 (Limited) |
| 6 | Medical expenses for serious diseases | 5,000 (Limited) |
| 7 | Complete medical examination | 5,00 (Limited) |
| 8 | Purchase of books, journals and magazines | 1,000 (Limited) |
| 9 | Purchase of personal computer | 3,000 (Limited) |
| 10 | Net saving in SSPN’s scheme | 3,000 (Limited) |
| 11 | Net saving in SSPN’s scheme (with effect from year assessment 2012 until year assessment 2017) | 6,000 (Limited) |
| 12 | Purchase of sport equipment for sport activities | 300 (Limited) |
| 13 | Subscription fees for broadband registered in the name of the individual | 500 (Limited) |
| 14 | Interest expended to finance purchase of residential property. Relief of up to RM10,000 a year for three consecutive years from the first year the interest is paid.Subject to the following conditions:
(i) the taxpayer is a Malaysian citizen and a resident;
(ii) limited to one residential unit;
(iii) the sale and purchase agreement is signed between 10th March 2009and 31st December 2010; and
(iv) the residential property is not rented out.
Where:
(a) 2 or more individuals are eligible to claim relief for the same property ; and
(b) total interest expended by those individuals exceeds the allowable amount for that year ,
Each individual is allowed an amount of relief for each year based on the following formula:
A x B / C
where;
A = total interest allowable in the relevant year;
B = total interest expended by the relevant individual in the relevant year;
C = total interest expended by all the individuals.
| 10,000 (Limited) |
| 15 | Husband/Wife/Alimony Payments | 3,000 (Limited) |
| 16 | Disable Wife/Husband | 3,500 |
| 17 | Ordinary Child relief | 1,000 |
| 18 | Each unmarried child of 18 years and above who is receiving full-time education (“A-Level”, certificate, matriculation or preparatory courses). | 1,000 |
| 19 | Each unmarried child of 18 years and above that: (i) receiving further education in Malaysia in respect of an award of diploma or higher (excluding matriculation/preparatorycourses). (ii) receiving further education outside Malaysia in respect of an award of degree or its equivalent (including Master or Doctorate). (iii) the instruction and educational establishment shall be approved by the relevant government authority. | 4,000 |
| 20 | Disabled childAdditional exemption of RM4,000 disable child age 18 years old and above, not married and pursuing diplomas or above qualification in Malaysia @ bachelor degree or above outside Malaysia in program and in Higher Education Institute that is accredited by related Government authorities | 5,000 |
| 21 | Life insurance dan EPF | 6,000 (Limited) |
| 22 | Premium on new annuity scheme or additional premium paid on existingannuity scheme commencing payment from 01/01/2010 (amount exceeding RM1,000 can be claimed together with life insurance premium) – deleted from year assessment 2012 until year assessment 2021 | 1,000 (Limited) |
| 23 | Deferred Annuity and Private Retirement Scheme (PRS) – with effect from year assessment 2012 until year assessment 2021 | 3,000 (Limited) |
| 24 | Insurance premium for education or medical benefit | 3,000 (Limited) |
Tax Rebate
- Income Tax Rebates For Resident Individual With Chargeable Income Less Than RM35,000 is RM400.00
- Zakat/Fitrah but subjected to the maximum of tax charged.
If you need more information kindly proceed to LHDN webpage.