Personal income tax and e-BE

Disclaimer : Based on personal knowledge and experience

I might not the expert in this area, but I started my work in one of tax firm which cover personal income tax.

 Here is the basic of preparing income tax and e-BE..kira cara2 nk buat tax computation dan isi tax form (tapi ni dr not so profesional person dan not complete step by step..based on personal experience yg ciput dan knowledge...kalau korg lg terror xpayah la kot baca)

Those that do not have any source of business income, you must submitted your BE form by 30/4. 

Those that have business income you must submitted your B form by 30/6 (kalau keje full time and at the same time ada business income, maka submit borang B ye)

I believe most of you will straight away compile all the supporting (EA Form, receipts, statements, etc) and then key in all the information online. Perhaps right after that will submit it…*Dang, right after you submit you just remembered that you forgot to claim for additional deduction..cth patut elok2 2013 BE boleh claim 4 anak, tapi claim 3 org je sbbnya lupa anak bongsu lahir 30/12/13*

To avoid this happened; you can prepare the draft of tax computation complete with all supporting (ini optional ye, tapi sgt2 digalakkan)

Sample of draft tax computation with appendix

Cth je ye with example total employment income RM70k, separate assessment, claim for 1 child, saving for child in SSPN and took personal and child insurance. Pay for zakat fitrah, pendapatan dan simpanan

Employment income tu amikle dr EA Form, kalau taun tu dok asik tukar 2-3 tempat keje, maka make sure dapatkan EA dr 2-3 employer tu.

KWSP pun dr EA Form (tapi KWSP combine ngan life insurance).

STD/ PCB tu pun dr EA Form.

Appendix is a summary in a proper way (cth mcm beli buku..resit banyak2 tu dh compile elok2 kan…so bila ada appendix tu nmpakla lagi proper)

Lepas dh prepare draft tu, even x complete 100 peratus bolehla transfer the amount kat e-BE *at least draft tu membantu part total reliefs..takut2 terlupa*

Kalau yg dh kahwin dan both suami isteri bekerja , strongly recommended for separate assessment (reason boleh je google..). kalau wife xkeje, suami keje combine assessment

Erm deduction ni almost every year ada je perubahan dr segi amaun yg boleh tolak dan juga ada kalanya penambahan perbelanjaan yg boleh claim (cth ada tahun broadband boleh claim max RM500) so benda2 ni aka nada perubahan…so bila dh xboleh claim maka kat form BE x appear la

List of some deduction untuk taun 2013 (ni yg biasa2 claim la…sila check form for full list)
1. Self RM9k

2. Purchase of book/ mag etc for self, huband/ wife and children Max RM1k
kalau taun tu beli buku RM50, claim 50 je..kalau beli buku RM1,500 paling banyak pun boleh claim RM1k je

3. Komputer Max RM3k (tapi dibenarkan sekali setiap 3 tahun) bukan tiap2 taun ye…so nk beli computer pun kena plan jugak

4. SSPN Max RM6k….ha bayar PTPTN xde income tax deduction….Cuma hutang dunia setel x dibawa akhirat :)

5. Anak bawah 18tahun RM1k/ seorang
tapi cth anak 5, suami claim 4 org, isteri boleh claim untuk seorang je..so kalau husband dh claim tuk 5 anak maka isteri xboleh claim apa2

6. Insurans nyawa dan KWSP Max RM6k
Premium insurans yang dibayar atas polisi yang menjamin nyawa individu, suami / isteri dibenarkan pelepasan cukai. Premium insurans atas nyawa anak tidak dibenarkan pelepasan.

7. Insurans pendidikan dan perubatan Max RM3k.
Ini bagi premium insurans yang dibayar atas polisi pendidikan atau faedah perubatan untuk individu, suami, isteri atau anak.

Full list boleh refer form / Nota penerangan

 Untuk 2013 ada special deduction RM2k if aggregate income not more than RM96k.

 Untuk zakat dan fitrah, adalah bayaran zakat dan fitrah yang dibuat dalam tahun 2013 *form pun tahun 2013 kan* Kat website Majlis Agama Islam Kelantan pun ada tnjuk contoh mcm bawah ni *zakat emas, simpanan pun termasuk jugak ye* source (http://www.e-maik.my/public_new/index.php?option=com_content&view=article&id=260&Itemid=1163)

Yang tak sure no majikan tu refer la form EA

No Majikan no amik kat form EA..kalau taun tu tukar 2-3 keje amikla yg latest one..

Once completed you can submit it, but in case you want to double check you can print the draft of BE *step cm kat bawah*

Kat Rumusan Cukai / Tax Summary

Click Teruskan

Click OK

Kalau nk print draft "Cetak Draf e-BE" (red circle)
Kalau nk submit click "Tandatangan & Hantar" (green circle)

Lepas dh cross check sume2 dan dh yakin, bolehla submit online…lps submit jgn lupa save pdf dan print hardcopy ye..sbb “Records and documents used in the tax computation must be retained for 7 years for reference and examination by LHDNM*

Untuk kes refund, Insya Allah refund dapat tahun ni jugak…kalau ikutkan zaman dolu2 refund ni ada yg kdg2 makan masa bertaun2, tapi sekarang dh pantas…hantar harini, maybe dalam sebulan dua dh dapat refund (rasa bergantung jugak kalau hantar awal2 bulan 3 cepatla korg dpt refund)

Untk kes yg kena bayar, buatlah payment sblm 30/4…bayar online je…again simpanla bukti pembayaran

Hopefully this entry will help esp for those first time yg isi form income tax ni..further info sila la refer Explanatory Notes BE2013 (ada kat side bar e-BE), or contact LHDN.