On the advice of the Health Ministry and health experts, the government has decided to extend the MCO for another two weeks, from April 15 until April 28 year 2020. All Malaysians are urged to stay at home to prevent the virus from spreading again.
What can you do during this extended MCO period besides keep checking out the food in your fridge?
YES! You can also compile all invoice/receipt, download all insurance premium statement, medical bills and other supporting documents to make FULL CLAIM of the Tax Relief applicable to you for basis year 2019 tax filing to avoid paying EXTRA tax due to incomplete documents.
Kindly take note on the EXTENDED INDIVIDUAL TAX FILING DEADLINES as follows:
Form BE (employment income only) – extended to 30 June 2020
Form B (individual with business income) – extended to 31 August 2020
This is an Extension NOT an Exemption, so please MARK DOWN this deadline in your calendar.
Refer to table below for FULL LIST OF YEAR 2019 TAX RELIEF and conditions to claim the respective tax relief:
(A) Personal / Spouse
(B) Child Related
(C) Medical, Supporting Equipment and Education
(D) Insurance and Retirement Fund
(E) Lifestyle
If you have donated gift of money to approved institutions, organisations or funds, you are required to request official receipt (with LHDN approval number) from the respective approved bodies as supporting documents to claim deduction.
You may check out the approved institutions / organisations / funds via the following link:
Hope the above information give you some insights and help to clear some of your doubts!
For more information or enquiries, please email us @ ta.partner.kl@gmail.com or audit@ta-partnersplt.com / Whatsapp us @ +6011-35016778 / Call Mr. Toon @ +603-77331688 (Business hours: 8.30 - 5.30pm only)
