How
to pay less in Personal Income Tax (Legally)?
RM2,500 for Lifestyle – Expenses for the use /
benefit of self, spouse or child in respect of:
·
purchase of books / journals / magazines / printed newspapers / other
similar publications (Not banned reading materials)
·
purchase of personal computer, smartphone or tablet (Not for business
use)
·
purchase of sports equipment for sports activity defined under the
Sports Development Act 1997 and payment of gym membership
·
payment of monthly bill for internet subscription (Under own name)
RM3,000
for Private Retirement Scheme (PRS) Investment
Tax Relief for Resident
Individual
Year of Assessment 2019
No.
|
Individual Relief Types
|
Amount (RM)
|
1
|
Individual and dependent relatives
|
9,000
|
2
|
Medical treatment,
special needs and carer expenses for parents (Medical condition certified by
medical practitioner)
OR
Parent
Restricted to 1,500 for only one mother Restricted to 1,500 for only one father |
5,000 (Restricted)
OR
3000 (Restricted)
|
3
|
Basic supporting
equipment for disabled self,
spouse, child or parent
|
6,000 (Restricted)
|
4
|
Disabled individual
|
6,000
|
5
|
Education fees (Self)
|
7,000 (Restricted)
|
6
|
Medical expenses for serious diseases for self, spouse or child
|
6,000 (Restricted)
|
7
|
Complete medical examination for self, spouse, child (Restricted
to 500)
|
|
8
|
Lifestyle – Expenses for
the use / benefit of self, spouse or child in respect of:
|
2,500 (Restricted)
|
9
|
Purchase of breastfeeding equipment for own use for a child aged
2 years and below (Deduction allowed once in every 2 years of
assessment)
|
1,000 (Restricted)
|
10
|
Child care fees to a registered child care centre / kindergarten
for a child aged 6 years and below
|
1000 (Restricted)
|
11
|
Net deposit in Skim
Simpanan Pendidikan Nasional (Total deposit in 2019 MINUS total
withdrawal in 2019)
|
8,000 (Restricted)
|
12
|
Husband / wife / payment of alimony to former wife
|
4,000 (Restricted)
|
13
|
Disabled husband / wife
|
3,500
|
14
|
Each unmarried child and under the age of 18 years old
|
2,000
|
15
|
Each unmarried child of 18 years and above who is receiving
full-time education ("A-Level", certificate, matriculation or
preparatory courses).
|
2,000
|
16
|
Each unmarried child of 18 years and above that:
|
8,000 |
17
|
Disabled child
|
6,000
|
Additional exemption of
RM8,000 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
|
8,000
|
|
18
|
Life insurance and EPF INCLUDING not through salary
deduction
|
7,000 (Restricted)
|
19
|
Deferred Annuity and Private Retirement Scheme
(PRS) - with effect from year
assessment 2012 until year assessment 2021
|
3,000 (Restricted)
|
20
|
Education and medical insurance (INCLUDING not
through salary deduction)
|
3,000 (Restricted)
|
21
|
Contribution to the
Social Security Organization (SOCSO)
|
250 (Restricted)
|
Source: http://www.hasil.gov.my/bt_goindex.php?bt_kump=5&bt_skum=1&bt_posi=3&bt_unit=1&bt_sequ=1&bt_lgv=2
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