You are on page 1of 1

PERSONAL TAX COMPUTATION

RM RM

EMPLOYMENT INCOME XX

BUSINESS INCOME XX

STATUTORY INCOME FROM EMPLOYMENT/BUSINESS XXX

Less : Approved Donations (if any) (Restricted 10%) (XX)

TOTAL INCOME XXX

Less : Tax Reliefs


Self 9,000
Wife 4,000
Medical treatment and expenses (parents) (Restricted to RM8,000) 8,000
Medical treatment and expenses (self,spouse and child) (Restricted to RM8,000) 8,000
Lifestyle expenses (self, spouse and child) (Restricted to RM2,500) :-
*Purchase of books, personal computer, sports equipment, internet subscription 2,500
*Additional purchase of personal computer, smartphone or tablet 2,500
Education fees (self) (Restricted to RM7,000) 7,000
Ordinary child relief :-
*Unmarried child and under the age of 18 years old 2,000
*Unmarried child of 18 years old and above (Receiving full time education) 2,000
*Unmarried child of 18 years old and above (Receive further education in diploma or
8,000
higher level)
Disable child 6,000
Education & Medical Insurance Premium (Restricted to RM3,000) 3,000
Life insurance and EPF (Restricted to RM3,000) 3,000
EPF Contribution (Restricted to RM4,000) 4,000
SOCSO Contribution (Restricted to RM250) 250
(XXX)
CHARGEABLE INCOME XXX

PERSONAL TAX COMPUTATION (continued)


RM RM
From the amount of Chargeable Income
TAX PAYABLE (Based on the Tax Rate stated by Inland Revenue Board)
On First RM XXX XX
Next RM XXX @ % XX
TOTAL INCOME TAX CHARGED XXX

Less : Tax Rebate


Self rebate (Entitled if the Chargeable Income Less than RM35,000) (XX)
Zakat / Zakat Fitrah (If any) (XX)

TOTAL TAX PAYABLE XXX


Less : Monthly Tax Deduction (PCB) (If any) (XX)
TOTAL TAX TO BE PAID / (TAX OVERPAID) XXX

You might also like