Internet Subscription Tax Relief Malaysia
This is considered internet claim 2.
Internet subscription tax relief malaysia. I subscribe to digi infinite 150. Buying reading materials a personal computer smartphone or tablet or sports equipment and gym memberships for yourself spouse or child allows you to claim for tax relief. Internet subscription paid through monthly bill registered under your own name you can get up to rm2 500 worth of tax relief for lifestyle expenses under this category. As per inland revenue board of malaysia official portal lifestyle covered a few items as per attached.
Tax treatment dialup internet fee does not entitle to personal tax relief deduction. Subject to the following conditions. So if you bought a computer that costs more than that you can no longer include your gym membership internet subscription and others for income tax relief. Subscription fees for broadband registered in the name of the individual with effect from year of assessment 2010 2012 500 limited 14.
Effective for year of assessment 2017 tax filed in 2018 the lifestyle tax relief at a limit of rm2 500 yearly also includes new categories such as the purchase of printed newspapers smartphones and tablets internet subscriptions as well as gymnasium membership fees. Internet subscription paid through monthly bill registered under your own name you can get up to rm2 500 worth of tax relief for lifestyle expenses under this category. The previous laptop books stationary and sports equipment tax relief is now grouped under lifestyle tax too. Buying reading materials a personal computer smartphone or tablet or sports equipment and gym memberships for yourself spouse or child allows you to claim for tax relief.
Interest expended to finance purchase of residential property. Time to claim money back from jibgor no fm now this year can claim 2500 for lifestyle question to k tax experts1. You must substantiate your claim for this income tax relief in malaysia with written evidence prescribed endorsed by a certified medical practitioner registered with the malaysian medical council mmc supported by purchase payment receipt. But digi said prepaid bigbonus internet plans not entitled for this lifestyle tax relief.
The maximum income tax relief amount for the lifestyle category is rm2 500. Refer to this list of the income tax relief 2018 malaysia. I got 2 subscription both under my hometown address. Relief of up to rm10 000 a year for three consecutive years from the first year the interest is paid.
The government has added a lifestyle tax relief during the 2017 budget which now includes smartphones tablets and monthly internet subscription bills. Do also take note. Broadband fee tax relief for ya2010 to ya2012. Personal tax relief deduction of up to a maximum rm500 per year is allowed for broadband subscription fee incurred and registered under the individual tax payer s name.
Can claim for both edit clarified with my accountant friend who went for lhdn training lhdn clarified that e newspaper not.