The time of year of tax season is here again! Understandably, many workers may find this time of year stressful, especially if it is their first time doing taxes.
Moreover, knowing that we can claim for tax relief, we will no doubt urge to get the most amount of tax relief possible. And anyway, who wants to pay more tax than necessary?
With that in mind, here is the list of the approved things to claim for tax relief to help all the first-timers make the most out of this tax season.
Tax Relief
|
Self, Parents & Spouse |
Claim Limit |
|
Automatic individual relief |
RM9,000 |
|
Medical expenses for parents |
Up to RM8,000 |
|
Husband/Wife/Alimony |
Up to RM4,000 |
|
Education |
Claim Limit |
|
Individual fees in Malaysia |
Up to RM7,000 |
|
Medical |
Claim Limit |
|
Up to RM8,000(total relief for all medical expenses listed by LHDN) (RM1,000 sub-limit) |
|
Lifestyle |
Claim Limit |
|
Purchase of reading materials, electronics, sports equipment, internet subscription for self, spouse or child |
Up to RM2,500 |
|
Expenses related to sports activity, including purchase of sports equipment, rental/entrance fees to sports facility, and registration fee for sports competition |
Up to RM500 |
|
Purchase, installation or rental of electric vehicle(EV) charging equipment for personal use |
Up to RM2,500 |
|
(Special) Purchase of personal computer, smartphone or tablet for self, spouse, or child |
Up to RM2,500 |
|
(Special) Tourist accommodation, attraction or tour package |
Up to RM1,000 |
|
Parenthood |
Claim Limit |
|
Breastfeeding equipment |
Up to RM1,000 |
|
Childcare fees |
Up to RM3,000 |
|
Net deposit in SSPN |
Up to RM8,000 |
|
Child relief |
RM2,000 |
|
Child(18+) in full time education(A- levels, etc) |
RM2,000 |
|
Child(18+) in tertiary education or in training |
RM8,000 |
|
Insurance & Investment |
Claim Limit |
|
Life insurance and EPF |
Those without EPF contribution: Up to RM7,000(fully for life insurance) Those with EPF contribution: Up to RM3,000(for life insurance) and Up to RM4,000(for EPF)
Up to RM3,000(for life insurance) Up to RM4,000(for EPF) |
|
Deferred annuity and PRS |
Up to RM3,000 |
|
Education and medical insurance |
Up to RM3,000 |
|
SOCSO |
Up to RM350 |
|
For Disabled Persons |
Claim Limit |
|
Equipment for disabled self, spouse, child, and parent |
Up to RM6,000 |
|
Disabled individual |
RM6,000 |
|
Disabled husband/wife |
RM5,000 |
|
Disabled child |
RM6,000 |
|
Additional relief for disabled child(18+) in higher education or in training |
RM8,000 |
Tax Deductions
|
Tax Deductions |
Claim Limit |
|
Donations to charities, sports activity and approved funds/institutions(including contributions in fighting Covid-19) |
Up to 10% of aggregate income |
|
Other specific forms or donations, gifts, or contributions |
Varying limits and restrictions |
|
Membership subscription for professional bodies |
Amount paid |
Tax Rebates
|
Tax Rebates |
Claim Limit |
|
Chargeable income <Rm35,000 |
RM400 from tax charged |
|
Chargeable income <Rm35,000 with allowed tax relief for spouse |
RM400 from tax charged |
|
Zakat/fitrah |
Actual amount expended |
|
Umrah |
Departure levy paid |
Disclaimer: This article should not be taken as legal advice, and Keppo is not responsible for any decisions made based on it.
