Tabung Harapan Tax Relief
Segambut mp yb hannah yeoh advised malaysians to be wary of scams when the campaign ran and asked malaysians to wait for official announcements from putrajaya before donating.
Tabung harapan tax relief. 15 4 2019 0 comments as announced by the finance minister of malaysia on 31 may 2018 the contributions made to tabung harapan are fully tax deductible under allowable deduction for gift of money to the government state government of local authorities. Tabung harapan tax relief. In fact ong supported this claim by stating how tabung harapan was set up to prevent fraud.
Tabung pembinaan dewan sjkc mawai taman daiman jaya kota tinggi johor guru besar sjkc mawai batu 13 3 4 jalan sedili bukit tiga 81900 kota tinggi johor 2014 11 15. Married couples can choose to do a joint tax assessment yes you read that right. All donations towards tabung harapan malaysia are tax exempted.
People were already crowdfunding for this. Mmo contributions to the tabung harapan malaysia malaysian hope fund may be used to offset income tax obligations according to a federal lawmaker today. Jenis resit dokumen sumbangan thm yang diterima bagi potongan cukai di bawah seksyen 44 6 akta cukai pendapatan 1967 adalah seperti berikut.
Deduction for contributions to tabung harapan malaysia as announced by the honourable finance minister contributions made to tabung harapan malaysia are tax deductible under section 44 6 of the income tax act 1967. Hope you kept the receipts. Based on a press release by finance minister lim guan eng he said that this amount is eligible for a tax deduction.
Harap maklum bahawa tarikh akhir penerimaan sumbangan dan derma ke dalam tabung harapan malaysia thm adalah pada 31 disember 2018. The donations by the people and companies to the tabung harapan malaysia trust fund to help the government pay its debt are tax deductible finance minister lim guan eng said today. Made a donation to the greater cause of our country s monetary issues.
Key in the amount stated there to get your tax relief. Married couples have a choice to file a joint tax assessment with their spouse as per stated in section 45 of malaysia s income tax act 1967. So please retain the receipt as required under subsection 44 6 of the income tax act 1967.
Finance minister lim guan eng did announce that any donation made to tabung harapan is entitled to receive a tax deduction ringgit for ringgit with no cap. Kepong mp lim lip eng made the claim in a post on facebook. This is more of a tip.
There is no limit on the amount of deduction allowed for contributions made to the government.