Tag Archives: Taxable Income

Do Malaysian Bloggers Have To Pay Income Tax?

The tax laws is different from country to country and in the Malaysia, the income from blogging or any internet business is generally taxable. Based on the taxation rules, all income realized from whatever source is considered a taxable income.

LHDN

Legally, bloggers need to report their online income. However, not everyone does that because of one reason or another. For me, there’s a specific law in our country that makes our income from blogging and other internet business as a tax exempted. But, do we still need to declare our online income? Until what income level should we declare? That’s why our tax laws are not interpreted in such a way where most of the bloggers can follow.

Continue reading

Calculate How Much Monthly Income Tax Do You Need To Pay ?

If you are an employee with taxable income, have you notice from your monthly payslip that the Potongan Cukai Bulanan(PCB) rate starting from year 2009 is different than previous?

lhdn malaysia

Comparing the old schedule PCB 2004 with the new one PCB 2009, we can notice that there are the differences for:

i) A single person with monthly income of RM2,401 and above will be taxable and eligible for the PCB deduction scheme, whereas previously was RM2,551 and above.
ii) A married person with RM3,251 and above will be taxable and eligible for the PCB deduction scheme, whereas previously was RM3,401 and above.

How to Calculate Monthly PCB Income Tax in Malaysia?

Continue reading