Question

a) A purchase of new macbook laptop costs rm3500 and rm200 for additonal warranty

b) A child aged 28 and styding Phd in uum. Most expenses are covered by the government scholarship. the taxpayer (father) spent rm4900 for some expenses.

c) Purchase of books costs rm800.However one of the purchase receipt worth rm90 was lost.

d)the taxpayer spent rm18000 for a carer to take care of his ill mother.The carer is taxpayer's sister who is an ex-nurse

e)The wife has just been diagnosed with parkinson disease and the taxpayer has send in the application to the dept of social welfare for the disability card.

explain the eligibility of relief and amount of relief if eligible by providing a proper justification, according to the gazetted relief for year of assesment 2019.

Answer 1

Answer:

As per the Malaysian Tax framework there are sure tax incentives or advantages for the citizen/tax payer.

The tax credit limits are as per the following for every one of the accompanying :

i. Given , the expenses of macbook is RM 3,500 and extra Warranty of RM 200. Acquisition of books RM 800, the receipt worth lost RM 90

The above expenses are identified with the way of life tax relief. The most extreme limit for the way of life tax relief is RM 2,500 which incorporates acquisition of boos, diaries, news papers, PC, tablet, PCs for self, spouse, kid, internet bill ,sports equipment and so on.

along these lines, for the above costs he incurrd for macbook and books will be restricted to RM 2,500 .

ii. A child aged 28 and considering Phd in uum.The citizen paid RM 4,900 for the costs.

Each unmarried child aged 18 or more who is

• Accepting further education in Malaysia for the certificate or higher
• Accepting eduction degree or equal outside malaysia .
• Gave the institution must be affirmed by the important government authority .

can have a greatest restriction of RM 8,000 for each child :

Here UUM is University Utara Malaysia which is the governmnet perceived college , so can take the relief upto RM 8,000 for each child yet limted to the costs he paid which is RM 4,900 .

iii.The citizen spent rm18000 for a carer to take care of his ill mother.The carer is citizen's sister who is an ex-nurse

With the end goal of parental care, a citizen can get a help of RM 1,500 for the mother and RM 1,500 for the dad with the following conditions :

• Parents ought to be aged 60 or more
• The citizen ought not take the relief for clinical treatment and care of parents
• Parents ought not have a yearly income of surpassing RM 24,000 for every each parent
• The parents must be authentic common parents are received by the law
• Parents ought to be residentss of malaysia for the current tax year

Here I am expecting the ill mother is over 60 years old thus can take a tax relief of RM 1,500

iv. The spouse has quite recently been determined to have parkinson infection and the citizen has send in the application to the dept of social welfare for the disability card.

The limit for the disabled spouse is RM 3,500

Thus the complete eligible relief is as per the following :

Accounts title and explanation	Amount
Life style tax relief.	RM 2,500
Expenses for higher education for child aged 18 years above	RM 4,900
Parental care	RM 1,500
Disabled wife/spouse	RM 3,500
Total	RM 12,400

In this way, the qualified tax relief agreeing the gazetted relief for year of assessment 2019 is RM 12,400