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  • List of Non-Tax Deductible Expenses

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    Nuqiah Fathiah
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    This document lists 33 items that are considered non-tax-deductible expenses or non-taxable income under tax law. Some examples include depreciation, unrealized foreign exchange gains or losses, medical expenses for directors, entertainment expenses, donations without a tax-deductible receipt, vehicle repairs for vehicles not owned by the company, gifts for clients or directors, and unpaid fees.

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    This document lists 33 items that are considered non-tax-deductible expenses or non-taxable income under tax law. Some examples include depreciation, unrealized foreign exchange gains or losses, medical expenses for directors, entertainment expenses, donations without a tax-deductible receipt, vehicle repairs for vehicles not owned by the company, gifts for clients or directors, and unpaid fees.

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    32 views1 page

    List of Non-Tax Deductible Expenses

    Uploaded by

    Nuqiah Fathiah
    This document lists 33 items that are considered non-tax-deductible expenses or non-taxable income under tax law. Some examples include depreciation, unrealized foreign exchange gains or losses, medical expenses for directors, entertainment expenses, donations without a tax-deductible receipt, vehicle repairs for vehicles not owned by the company, gifts for clients or directors, and unpaid fees.

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    LIST OF NON-TAX-DEDUCTIBLE EXPENSES AND NON TAXABLE INCOME

    1. Depreciation of property, plant and equipment


    2. Amortisation of property
    3. Gain/(Loss) of unrealized foreign exchange
    4. Changes in market value of investment
    5. EPF/EIS/SOCSO contribution for employee portion only especially for those license holders
    6. Disbursement incurred for tax and secretary fee including printing and stationery, postage,
    telephone, service tax, certified true copy, attestation, stamp duty and etc
    7. Medical fee incurred for Directors except for those working directors WITH appointment/offer letter
    that mentioned with medical fee provided.
    8. Travelling and accommodation/hotel expenses incurred for unsuccessful tender
    9. Tender fee incurred for unsuccessful tender
    10. Dividend income
    11. Commitment fee paid to bank (normally you may found this in your bank statement that with bank
    overdraft facility)
    12. Stamp duty
    13. Filing fee
    14. Legal fee incurred for valuation of land, retainer fee for lawyer, application of banking facilities
    15. Bank guarantee fee paid for additional loan obtained for working capital purposes
    16. Penalty
    17. Entertainment with existing supplier/client will be added back 50%. For those entertainment with
    staff will be 100% tax deductible. Those entertainment incurred other than entertainment with
    existing supplier/existing client/staff then will be 100% non-tax deductible expenses and will be
    added back 100%
    18. Subscription fee for recreation club for membership of Director
    19. Property, plant and equipment written off
    20. Provision for bad and doubtful debts with NO notice of demand letter issued to the debtor
    21. Bad debts written off with NO notice of demand letter issued to the debtor or with NO bankruptcy
    status
    22. Repair and maintenance for vehicles not under the name of the Company. For the maintenance of
    staff’s vehicle, it will be tax deductible if it was mentioned in the appointment letter
    23. Gift/hamper for client/Director
    24. Angpow for client/staff
    25. Donation without mentioned in the receipt that it was tax deductible. Normally for those donations
    that is tax deductible, there will a clause at the bottom of the receipt mentioned that the donation is
    tax deductible under income tax act
    26. Worshipping expenses
    27. Processing fee for banking facility
    28. Condolences
    29. Congratulatory advertisement
    30. Medical/life insurance paid for staff that the beneficiary is not the Company
    31. Insurance for vehicles not under the name of the Company
    32. Directors’ personal expenses and relates to the business of the Company
    33. Unpaid secretary and tax fee

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