Personal Tax Relief for YA2014

Coming to the last weekend of personal income tax e-filing (if without any extension period), here is the updated list of various tax relief granted for your reference. Not much changes from YA2013, except on the following items:

  • NO more special tax relief of RM2,000 (ONLY available for YA2013)
  • Reminder: Each unmarried child 18 years old and above, with certain condition as shown in picture below, has been increased to RM6,000 since YA2013.



You may also read our previous tax-related posts below:

Komentar

Posting Komentar

Postingan populer dari blog ini

Share Trading: Nominee vs Direct CDS account

Gambar
Did you ever notice that when you open a share trading account with a broker, they will usually ask you whether you  prefers  nominee or direct CDS account? For an ordinary investor, we might not really understand what are the differences and benefits that you can enjoy for both type s of CDS (Central Depository System) account. Well, this is the very basic step every share trading investors should find out first, before approaching a share broker. Equipping yourself with the relevant basic knowledge in order to avoid starting at the wrong footstep. Agree? T his article may   help you to understand the  differences between th ese two type of account. Please refer to below comparison table s: Account Opening Stage How about the Trading Fees? Generally, the charges are the same for both accounts. Whereby, the normal brokerage fee is 0.42% per transaction with minimum RM12 for online transaction or minimum RM40 for offline transaction. Meanwhile, the clearing fee is 0.03% per transac
Baca selengkapnya

How to choose a Basic Credit Card that suits you Best ?

Gambar
Choosing a credit card shouldn’t be a hard task. However, with hundreds of credit cards available in the market, it can become very complicated. There are several things that you should take into account while choosing a credit card, what kind of credit card user am I? Will I only use it occasionally? Do I prefer a low annual fee and low interest rate? Considering that everyone would like to spend the lowest amount possible on a credit card, we’ll provide you some help with choosing a basic credit card . As only 6% of all credit cards available in Malaysia are considered basic credit cards, it can be very hard to find these on your own. Below you’ll find a list of the 5 best basic credit cards available:- Maybank – 2 Gold Card Maybank’s 2 Gold Card has a minimum monthly required income of RM 2,500 and a relatively low interest rate of 8.88%. Furthermore, with this card you are able to benefit from rewards, for each Ringgit spent on retail and overseas you’ll receive 5 points . For eac
Baca selengkapnya