Monday, April 25, 2011

Income Tax tax-saving tips and Broadband & Travel claims

A reminder that there are only five days left to submit your income tax returns.

You can either file in your forms using the Inland Revenue Board's (IRB) e-filing system or submit them manually. E-filing service counters in all states will remain open from 8am to 6pm this Friday and Saturday.

Tax payments can be made through IRB's online payment service or its appointed banks.

Be aware that failure to submit Income Tax forms is an offence under the Income Tax Act 1967, and defaulters could be fined between RM200 and RM2,000 or jailed up to six months or both.

For further details, visit www.hasil.gov.my or call 1300-88-3010.

If you haven't filed your returns, here are some tax-saving tips, though drawn up in 2008, I believe they are still applicable. Do check them out, they may be able to save you some money.

Also, here is a Q&A from The Star on Broadband and travel claims answers of which are provided by the Inland Revenue Board's Communications Unit for your reference which might help clear some doubts you might be having.


Source: The Star

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