Article directory
The Inland Revenue Board of Malaysia has released a list of tax reliefs for the 2021 tax year!
According to the Malaysian Income Tax Act 1967, whether you are a Malaysian citizen or a foreigner, as long as you live in Malaysia for more than 182 days a year and have income, you are obliged to file a tax return.
How is the 2022 tax relief program calculated?
Several new items have been added to the list of tax deductions for tax year 2021:
- One of them is to buy premiumLifeCategory of sports equipment and fitness, additional tax deduction of RM500.
Other ongoing tax relief programs, including:
- Tax relief up to RM3 for parents who send their children to pre-school or nursery, up to 3000 tax relief;
- RM1,000 tax relief for those travelling within Malaysia;
- And an additional RM2,500 tax deduction for the purchase of electronic products.
2021 Personal Income Tax Deductible Items
Here is the list of personal income tax relief for the 2021 tax year (please refer to the English version) ▼
How much annual income do I need to report for taxes?
How do self-employed individuals in Malaysia file their taxes?
Do I need to file taxes if I'm unemployed or have no job?
If you have already submitted your tax return, even if you are currently unemployed, it is still recommended that you continue to file your taxes before the Malaysian tax filing deadline , otherwise you may be subject to investigation later.
- Since this is just a tax return, filing a tax return does not necessarily require paying taxes.
- If you file a tax return, your personal information will be clear and the authorities will not go to you.
- When filing tax returns in Malaysia, you only need to fill in RM0 for income on Form BE.
If you haven't worked before, but are now working and have income, the company has given you an EA form and you must file a tax return.
How to file taxes in Malaysia ? Please refer to the following Malaysian tax filing guide ▼
![How to file tax in Malaysia? Malaysia Inland Revenue Board Income Tax Website [year] Steps](https://img.chenweiliang.com/2019/06/daftarindividu.jpg "How to file tax in Malaysia? Malaysia Inland Revenue Board Income Tax Website [year] Steps")
Hopefully, the article "How to Calculate Tax Relief Items in 2022? Deductible Personal Income Tax Standards in Malaysia," shared on Chen Weiliang's blog ( https://www.chenweiliang.com/ ), will be helpful to you.
Feel free to share this article's link: https://www.chenweiliang.com/cwl-27264.html