Last week for income tax benefits


PETALING JAYA: With a week left before year-end, Malaysians still have time to make use of various income tax reliefs so that next year, when it is time for the 2021 individual tax filing, taxpayers will have maximised the benefits and reduced their tax bill, say tax experts.

Tax agent Christine Koh said the reliefs that Malaysians should grab include the RM2,500 lifestyle relief for purchase of books, magazines, newspapers (including e-copy), computers, smartphones, tablets, sports equipment, gym membership and Internet subscription.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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income tax , reliefs , taxpayers

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