Everyone must be scrambling to file their taxes in Malaysia for 2012 before the deadline of April 30th. But before you rush to it, here are a few hacks for your Malaysia tax.
1. Apple iPad is entitled to LHDN personal income tax relief but not Samsung Galaxy Tab.
Any tablet that includes a cellular phone feature that allows you to make a telephone call or text using telco services is consider a phone and not a tablet therefore you cannot claim. Please take note that my tablet suggestions are not limited to Apple iPad or Samsung Galaxy Tab.
2. Any broadband subscription including telco broadband service is claimable up to RM500 per year.
Broadband meaning your Streamyx, Unifi, Celcom, Digi, Maxis and also all smartphone broadband plans. This does not include your dial up 1515 or 1511.
3. E-books are consider books too.
Maximum claims of RM500 per year.
4. RM300 for short lifespan sports equipment.
This INCLUDES shuttle cocks, tennis balls, ping pong balls but EXCLUDE sport shoes, bicycle, swim wear and bla bla bla. (WTF RIGHT?)
5. Keep your receipts for 7 years.
Some receipts do fade away after a certain amount of time. My suggest would be take a picture of them and store them online – google drive, skydrive, dropbox, etc
Further inquires, please call to LHDN at 1300-88-3010 or email to firstname.lastname@example.org.
“Two things in life are for sure – Death & Taxes”
After seeing the video of Yue Yue, a toddler who was run over by 2 cars and ignored by 18 passer by. I think we can all agree that Yue Yue has gone to a better place instead of staying at the cold and heartless nation of China.
As reported by The Guardian
Before giving himself up to the police, the driver of the second vehicle, a van, told the media why he had run away. “If she is dead, I may pay only about 20,000 yuan (£2,000). But if she is injured, it may cost me hundreds of thousands of yuan.”
What is going on in China? How could a country made humans so inhumane?
It all started back in 2006, the “Nanjing judge” story. In the capital of Jiangsu province, Peng Yu helped an old woman who had fallen on the street to the hospital. Instead of receiving the standard gratefulness from the woman and the family. He was accused of causing the woman’s injury and the judge ruled out that he acted against “common sense” because after causing her to fall, he decided to help. Luckily the public too has “common sense” and outcry and support on Peng adjusted the final verdict in Peng paying 10% of the medical cost instead of the total.
Today, it’s no surprise to the citizens of China what has happened to Yue Yue. They claimed that they would too walk pass her just to avoid another “Nanjing judge” incident. China is now in discussion of introducing a new law that imposes “duty of rescue” which exists in many European country.
China as you can see is rising rapidly in the economic sphere. But is that healthy if the core of the 1.4 billion nation are heartless?
Yue Yue, Elder brother & Mother
Death of Yue Yue