By Ravindran Duraisamy The writer is a qualified tax agent, chartered accountant and a member of the Malaysian Institute of Accountants (MIA), Chartered Tax Institute of Malaysia(CTIM) and The Association of Chartered Certified Accountants UK (ACCA). Many will think twice when comes to opening the …
Friday, December 16, 2011 by
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Tags: perlepasan cukai 2011, tax relief 2011, Tax Relief You can Claim for 2011
The Inland Revenue Board’s e-filing service counters at all branches will operate as usual on the weekends to assist taxpayers who do not have Internet access to file their income tax returns. The counters would be open from 8am to 6pm. While counters in Kelantan, …
Tuesday, April 19, 2011 by
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Tags: e-filing, guide, income tax tips, LHDN, weekend counters, when to submit tax
KUALA LUMPUR: The Government hopes to woo more Malaysians working overseas by offering them an income tax rate of 15% for five years under the Returning Experts Programme (REP), Datuk Seri Najib Tun Razak said. The Prime Minister also said a new Residence Pass would …
Sunday, April 17, 2011 by
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Tags: flat rate for tax 15%, Tax for malaysian overseas
Taxpayers can begin filing their income tax assessment forms for 2010 through e-filing for individuals and employers. They could do this by going to https://e.hasil.gov.my or click on its official website www.hasil.gov.my, Inland Revenue Board public relations officer Masrun Maslim said in a statement yesterday. …
Saturday, March 12, 2011 by
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Tags: 2010, e-filing dateline, guide, income tax 2011, income tax tips, when to submit e-filing
As many are aware, since 2004, individuals have started to perform a self-assessment of their tax liability. This includes employees, sole proprietors carrying on business, and individual partner in partnership. Under the self-assessment regime, an individual will assume to bear the primary duty to revise …
Wednesday, February 23, 2011 by
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Tags: cukai pendapatan, how to, Income tax, Individuals Self Assessment, LHDN, tax fine, tips
How To Register Tax File? Application to register an income tax reference number can be made at the nearest branch to your correspondence address or at any IRBM branch of your convenience without reference to your correspondence address. Documents Required For Registration Please forward the …
Saturday, February 19, 2011 by
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Tags: first job, first tax, fresh graduate tips, how to register tax file
If a taxpayer has income other than employment such as business, rental and royalties, he is required to make 6 bi-monthly instalment payments, commencing from the month of March. The instalment dates will be prescribed in the notice of the instalments to be paid (CP …
Saturday, February 19, 2011 by
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Tags: CP500 Instalment Scheme
I guess many are aware the deadline for submission of Income Tax Return Form to individual where we have to send it by April 30 to avoid any penalty. Based on the LHDN rules, the due date to Submit Income Tax Return Form BE Form, …
Saturday, February 19, 2011 by
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Tags: BE form download, borang BE, download income tax form, income tax penalty
What is PCB ? PCB is a short form of Potongan Cukai Berjadual where LHDN introduced many years ago to ease the burden of tax payer from paying the tax in one lump sum into monthly payment. You might wonder how actually to calculate the …
Friday, February 18, 2011 by
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Tags: how to calculate PCB, LHDN, potongan cukai berjadual, tips income tax
This is a great info on 26 ways to reduce income tax. Evethough few of them not relevant to you, but I would like to thanks the contributor for his effort in compiling these 26 tips. Incoming search terms:how to avoid income tax malaysia (17)how …
Tuesday, February 8, 2011 by
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Tags: efiling tips, how to submit efiling, income tax tips, LHDN tips