A qualified person defined who is a knowledge worker residing in Iskandar Malaysia is taxed at the rate of 15% on income from an employment with a designated company engaged in a qualified activity in that specified region.
Deduction allowed: Membership subscription paid Certain professions, lawyers, doctors and such do often subscribe to paid professional bodies, clubs if you will.
Then in the period stipulated, you purchased a tablet for your child, maybe for an online school, you can make a second claim for that second device.
Not that not all tax rates and thresholds in Malaysia change annually, alterations to tax policy to support strategic economic growth in Malaysia mean that the certain areas may be focused on to provide specific tax relief in Malaysia or support growth in certain areas overseas invstment in Malaysia for example may mean reduced non-resident income tax rates in Malaysia for a period.
Take full advantage of your Tax Refund The most important thing to note is that to maximise your tax refund you need to claim your tax incentives wherever you can, reducing how much you have to give up in taxes on your income.
If you made a genuine mistake, you can amend the tax form as we mentioned earlier.