Tabung Harapan Tax Relief
Married couples have a choice to file a joint tax assessment with their spouse as per stated in section 45 of malaysia s income tax act 1967.
Tabung harapan tax relief. The donations by the people and companies to the tabung harapan malaysia trust fund to help the government pay its debt are tax deductible finance minister lim guan eng said today. Married couples can choose to do a joint tax assessment yes you read that right. Harap maklum bahawa tarikh akhir penerimaan sumbangan dan derma ke dalam tabung harapan malaysia thm adalah pada 31 disember 2018.
So please retain the receipt as required under subsection 44 6 of the income tax act 1967. Did you know that if you had donated money to tabung harapan then you are entitled for tax relief as well. Tabung pembinaan dewan sjkc mawai taman daiman jaya kota tinggi johor guru besar sjkc mawai batu 13 3 4 jalan sedili bukit tiga 81900 kota tinggi johor 2014 11 15.
It s much better if the government provides an official channel for these. This is more of a tip. Hope you kept the receipts.
All donations towards tabung harapan malaysia are tax exempted. Donations that are made to the tabung harapan malaysia thm fund will be tax exempted according to dap lawmaker lim lip eng pix. Kepong mp lim lip eng made the claim in a post on facebook.
Deduction for contributions to tabung harapan malaysia as announced by the honourable finance minister contributions made to tabung harapan malaysia are tax deductible under section 44 6 of the income tax act 1967. Finance minister lim guan eng did announce that any donation made to tabung harapan is entitled to receive a tax deduction ringgit for ringgit with no cap. Segambut mp yb hannah yeoh advised malaysians to be wary of scams when the campaign ran and asked malaysians to wait for official announcements from putrajaya before donating.
There is no limit on the amount of deduction allowed for contributions made to the government. In fact ong supported this claim by stating how tabung harapan was set up to prevent fraud. People were already crowdfunding for this.
Key in the amount stated there to get your tax relief. Based on a press release by finance minister lim guan eng he said that this amount is eligible for a tax deduction. Jenis resit dokumen sumbangan thm yang diterima bagi potongan cukai di bawah seksyen 44 6 akta cukai pendapatan 1967 adalah seperti berikut.