Tax Rebate

2014 Income Tax Exemptions, Deduction, Rates, Reliefs and Rebates


Please be remind that, the last date to submit the 2014 individual income tax return form is on the 30th April 2015 for individual without business income. The date for individual with business income is on 30th June 2015.

Any delay is subjected to penalty as below;

Any tax due and payable but has not been paid by the taxpayer by the due date shall be increased by 10% and any balance remaining unpaid upon the expiration of 60 days from the due date shall be further increased by 5% of the balance unpaid.

To complete tax return form, you may need to have information on tax exemption, rates, reliefs and rebates. if you are not sure what are tax exemption, rates, reliefs and rebates, you can read here.

The easiest way to submit tax return form is via e-Filing. You may see the guides on e-Filing at How to do e-Filing for Individual Income Tax Return. e-Filing system for 2014 tax return form up since 1st March 2015.

Which form to fill in?

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2013 Income Tax Exemptions, Deduction, Rates, Reliefs and Rebates


Now it is the time of the year again that we have to prepare and submit individual income tax return form to IRB. The last date to submit the 2013 individual income tax return form is on the 30th April 2014 for individual without business income. The date for individual with business income is on 30th June 2014.

Any delay is subjected to penalty as below;

Any tax due and payable but has not been paid by the taxpayer by the due date shall be increased by 10% and any balance remaining unpaid upon the expiration of 60 days from the due date shall be further increased by 5% of the balance unpaid.

If you are not sure what are tax exemption, rates, reliefs and rebates, you can read here.

The easiest way to submit tax return form is via e-Filing. You may see the guides on e-Filing at How to do e-Filing for Individual Income Tax Return. e-Filing system for 2013 tax return form up since 1st March 2014.

Which form to fill in?

[continue reading…]

2012 Income Tax Exemptions, Deduction, Rates, Reliefs and Rebates

Similar to previous years, this is the time where we have to prepare and submit individual income tax return form to IRB. For 2012, the last date to submit the individual income tax return form is on the 30th April 2013 for individual without business income. The date for individual with business income is on 30th June 2013.

Any delay is subjected to penalty as below;

Any tax due and payable but has not been paid by the taxpayer by the due date shall be increased by 10% and any balance remaining unpaid upon the expiration of 60 days from the due date shall be further increased by 5% of the balance unpaid.

If you are not sure what are tax exemption, rates, reliefs and rebates, you can read here.

Which form to fill in?

[continue reading…]

2010 Income Tax Exemptions, Deduction, Rates, Reliefs and Rebates

Similar to previous years, this is the time where we have to prepare and submit individual income tax return form to IRB. For 2010 individual income tax, the last date to submit the individual income tax return form is on the 30th April 2011.

Any delay is subjected to penalty as below;

Any tax due and payable but has not been paid by the taxpayer by the due date shall be increased by 10% and any balance remaining unpaid upon the expiration of 60 days from the due date shall be further increased by 5% of the balance unpaid.

Read more to find out more information on free tax software, tax exemption, deduction, rates, reliefs and rebates for individual for year 2010.

If you are not sure what are tax exemption, rates, reliefs and rebates, you can read here.

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Malaysia Individual Income Tax Exemptions, Deduction, Rates, Reliefs and Rebates for 2009

income tax

It is time of the year again for us to complete income tax return form for the year of 2009. For individuals, the last date to submit the form is on the 30th April 2010. This is what LHDN or IRB warn if you fail to do it by the dateline.

Any tax due and payable but has not been paid by the taxpayer by the due date shall be increased by 10% and any balance remaining unpaid upon the expiration of 60 days from the due date shall be further increased by 5% of the balance unpaid.

Read more to find out more information on tax exemption, deduction, rates, reliefs and rebates for individual for year 2009.

If you are not sure what are tax exemption, rates, reliefs and rebates, you can read here.

Which form to fill in?

[continue reading…]