Important DATES:
1) Employers (Form E) is 31 March
2) Residents and non-residents with non-business income (Form BE and M) is 30 April
3) Residents and non-residents with business income (Form B and M) is 30 June
4) Partnerships (Form P) is 30 June
These are the following reliefs available for Malaysian Residents:
| Included in MTD system | RM |
|---|---|
| Self and Dependent | 9,000 |
| Life insurance and EPF | 6,000 |
| Husband/Wife/Alimony Payments | 3,000 |
| Ordinary Child relief (per child) | 1,000 |
| Total | > 15,000 |
| Not usually included in MTD / PCB system but relevant to most taxpayers | RM |
|---|---|
| Net saving in SSPN’s scheme | 6,000 |
| Education Fees (Individual) | 5,000 |
| Updated: PRS Voluntary Contribution | 3,000 |
| Purchase of personal computer (every 3 years) | 3,000 |
| Insurance premium for education or medical benefit | 3,000 |
| Special relief for tax payers earning an income of up to RM8,000 a month (RM96,000 anually). Only applicable for the 2013 year of assessment. | 2,000 |
| Purchase of books, journals, magazines and publications | 1,000 |
| Complete medical examination | 500 |
| Purchase of sport equipment for sport activities | 300 |
| Total | 19,300 |
| Not included in MTD system but relevant to certain taxpayers | RM |
|---|---|
| Disabled Individual | 6,000 |
| Basic supporting equipment (for disabled self, spouse, child or parent) | 5,000 |
| Medical expenses for serious diseases | 5,000 |
| Disabled child | 5,000 |
| Medical expenses for parents | 5,000 |
| 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 | 6,000 |
| Disabled Wife / Husband | 3,500 |
| Child age 18 years old and above, not married and receiving full-time tertiary education | 1,000 |
| Premium on new annuity scheme or additional premium paid on existing annuity scheme commencing payment from 01/01/2010 (amount exceeding RM1,000 can be claimed together with life insurance premium) | 1,000 |
| Total | > 35,500 |
2 comments
bro table too long to right side, covered by side bars. can't see the figures
Thanks Soo Hong, Adjusted already. Now can see.