This blog post is just to remind all of you (i.e. Malaysian only) to keep your broadband receipts (e.g. Streamyx, Maxis, P1-Wimax, PenangFON, and etc.) for tax relief starting from this year - 2010. This is based on one of the items (which I find them most useful) in 2010 Malaysia budget announcement.
Since this is new thing, I think many of you may still do NOT aware of this yet or may have just forgotten that you can claim up to RM500 for tax relief for 3 years - starting from 2010 to 2012.
What else receipts you should keep? Well, you probably have known already such as medical, sports, and book/magazine receipts. See my previous post for the summary: Tax Savings Tips for Malaysian.
By the way:
- Do you know you can have tax relief for buying a house too? Of course there are some conditions and the offer is until the end of this year, 2010. However, it doesn't mean you must go for it which I discussed in my previous post - Tax Deduction for Property Purchase
- Do you know 60% of your premium of critical illness life insurance can have tax relief under the medical insurance policy? Of course for life insurance policy you can claim up to 100%. Many people do not aware this and for more detail, you can read my previous post - Tax Relief Tips for 36 Critical Illness Insurance.
5 Comments:
Too bad. It is not for 2009 assessment. :(
Yes. I thought it was included too. I actually forgot about this until I filed the tax in April. So, now I'm reminding myself to keep the receipts for next year filling. :)
Lolx... Hard luck guys.. I no need pay tax currently cause my salary is too low for that.. ^^
Are you kidding? Your investment skill is too smart that until you don't need to pay a single tax at all? This is really cool.
I thing its a joke. i can't believe this.
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