FAQ: Real Property Gains Tax (RPGT) in Malaysia
We are back with another round of informative sharing session for you! 😉 Today, we are going to talk about Real Property Gains Tax (RPGT) 🏠 Do you know what RPGT is? Who needs to pay for it? How to pay it? What are the exemptions? Any special initiative under PENJANA? 😏 The questions itself […]
How Much Tax Relief Can You Claim for Your Education Fees? Up to RM7,000!
Maximise your tax reliefs! We are back with another common tax relief that is being missed out by most netizens. The “Education Fees Relief” for yourself! 📚 Have you been wondering if you should enroll yourself into a tertiary or doctorate education? 🎓 Take that MBA course that you have been thinking about! An individual […]
Tax Guide: All You Need to Know About Form E
‼️The tax filing season is upon us and today, we are going to shine some light on Form E! We will be sharing about: What is Form E Who Should Submit Form E What Are the Taxable Income for Monthly Tax Deduction (MTD) List of Benefits in Kind That Must Be Reported in Form E […]
[Infographic] Everything You Can Claim As Income Tax Relief For The Year 2020
Does the word EA FORM ring a bell? 😅 We sure hope it does, because we are nearing that time of the year when you will be receiving your EA form and soon be looking for ways to maximize your tax reliefs. And as typical as it sounds – we know that despite it being […]
RM 2.6 Billion Dollar Question on How Gift Should Be Treated?
This is a question we get asked a lot – do I need to pay taxes when I receive a gift? Well, the simple answer is no. BUT in the event whereby the tax authorities ask for capital statements, it could become an issue because let’s be honest, most of us do not record or […]