PERANCANGAN

Petikan dari Al-Bukhori:

Dan daripada ibnu Umar r.a. katanya, Rasulullah s.a.w. telah menepuk bahuku serta bersabda, "Hendaklah engkau jadi di dunia ini seolah-olah berdagang di negeri orang atau sebagai orang yang melintasi jalan."

Ibnu Umar r.a. berkata, jika kamu berada di waktu petang janganlah kamu tangguh ke waktu pagi dan jika kamu berada di waktu pagi janganlah kamu tangguh ke waktu petang. Rebutlah kesempatan sewaktu kamu berada di dalam keadaan sihat sebagai persediaan di waktu engkau sakit dan ketika engkau masih hidup sebagai bekalan ketika engkau mati."

KURSUS MYOB

KURSUS PENGENALAN SISTEM PERAKAUAN MYOB UNTUK INDIVIDU

Tarikh kursus : Selasa, 16 April 2013
Masa              : 9.30am - 12.30
Yuran             : RM180.00 (1 orang)
Lokasi            : Bandar Baru Bangi
Tarikh tutup pendaftaran : Jumaat, 12 April 2013

INCOME EXEMPT FROM TAXES - AN EMPLOYEE

PAYMENT RECEIVED PURSUANT TO A SEPARATION SCHEME

Effective Y/A 2007:
Income tax exemption, where employees are given an option for an early retirement of an employment contract, on condition, such schemes do not expressly or impliedly provide for the employee to be reemployed under any other scheme of employment by the same employer or any other employer.

ACP1967 Sch 6 Para 15(3): In this paragraph,“compensation for loss of employment” shall include any payment made by an employer to an employee of his pursuant to a separation scheme where employees are given an option for an early termination of an employment contract provided that such scheme from which payment was made does not expressly or impliedly provide for the employee to be reemployed under any other scheme of employment by the same or any other employer.

INCOME EXEMPT FROM TAXES - AN EMPLOYEE

PERQUISITE IN RELATION TO SERVICE AWARDS

Income tax exemption of up to a maximum amount or value of RM1000 for each year of assessment. In respect of long service award, shall only be given to employees who have served the same employer for more than 10 years.

Effective Y/A 2008: The exemption will be increased from RM1000 to RM2000 and is extended to awards related to innovation and productivity awards.

ACP1967 Sch 6 Para 25C: Perquisite consisting of long service, past achievement, service excellence, innovation or productivity award, whether in money or otherwise, provided to an employee pursuant to his employment, limited to a maximum amount or value of two thousand ringgit for each employee for a year of assessment provided that exemption in respect of long service award shall apply only after the employee has exercised an employment for more than ten years with the same employer.

INCOME EXEMPT FROM TAXES - AN EMPLOYEE

PERQUISITES AND BENEFITS-IN-KIND - PU(A) 152/2009

Effective Y/A 2008 to Y/A 2010:
a. Perquisites in relation to travel allowance, petrol card, petrol allowance or any of its combination for travelling between the home and work place up to RM2400 per year.

Effective Y/A 2008:
b. Perquisites in relation to travel allowance, petrol card, petrol allowance or toll rate or any of its combination for travelling for official duties up to RM6000 per year.

c. Parking rate of parking allowance
d. Meal allowance
e. Child care allowance of up to RM2400 per year
f. Gifts and monthly bills for fixed line telephone, mobile phone, pager or broadband
g. The amount of subsidy on interest of housing, education or car loan shall be determined in accordance with the following formula:
               
                     A x B
                            C

    A = Amount of Interest to be borne by employee (-) Amount of Interest Payable by employee
     B = Total aggregate of balance of principal amount of loan taken by employee or RM300,000 (whichever is the lower)
    C = Total aggregate of principal amount of loan taken by employee

h. Medical benefits exempted from tax be extended to include expenses on maternity and traditional medicines
i. Discounted price for consumable business products of the employer up to RM1000 per year and
j. Discounted price for services provided by the business of the employer and for the benefit of the employee, spouse and child of employee

The above exemptions are not extended to an employee where the employee has control over his/her employer.

INCOME EXEMPT FROM TAXES - INDIVIDUAL RESIDENT

INCOME FROM TRANSLATION OF BOOKS OR LITERARY WORKS

Effective Y/A 2007: Income of RM12,000 for a year of assessment received by an individual resident in Malaysia in respect of any translation of books or literary works at the specific request of any agency of the:
1. Ministry of Education or
2. Minister of Higher Education or
3. The Attorney General's Chambers

ACP1967 Sch 6 Para 32A: Income of twelve thousand ringgit for the basis year for a year of assessment, derived by an individual resident in Malaysia, being payment received in that year in respect of any translation of books or literary work at the specific request of any agency of the Ministry of Education or Ministry of Higher Education or the Attorney General's Chambers: Provided that the exemption shall not apply where the payment arises to the individual as part of his emoluments in the exercise of his official duties.

INCOME EXEMPT FROM TAXES - INDIVIDUAL RESIDENT

INCOME FROM MUSICAL COMPOSITION OR TRANSLATION

Effective Y/A 2000:
Income of up to RM20,000 received by an individual resident in Malaysia in respect of any musical composition.

ACP1967 Sch 6 Para 32D: Income of twenty thousand ringgit for the basis year for a year of assessment, derived by an individual resident in Malaysia, being payment of any musical composition: Provided that the exemption shall not apply where the payment arises to the individual as part of his emoluments in the exercise of his official duties.

INCOME EXEMPT FROM TAXES - ANY PERSON

REMITTANCE OF FOREIGN SOURCE INCOME TO MALAYSIA

Effective Y/A 2004:
Income arising from sources outside Malaysia and received in Malaysia by any person (Not-Resident, resident individual, a trust body, a co-operative and a Hindu joint family).

ACP1967 Sch 6 Para 28(1):  Income which is exempt is income of any person, other than a resident company carrying on the business of banking, insurance or sea or air transport, for the basis year for a year of assessment derived from sources outside Malaysia and received in Malaysia.