Category Archives: Finance Tips

Tax Relief for Transportation Allowance

Generally, fixed allowances provided by an employer are considered as taxable income while work-related expenses are generally not brought to tax. Let say you went on an outstation trip and incurred expenses on accommodation, petrol and toll. You spent RM1k … Continue reading

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What Happens If Paying Your Income Tax Late?

It’s advisable to pay your income tax on time as the IRB doesn’t provide us the time delay. If you can pay your income tax return on time then you can avoid the penalty charges. But, if you cannot have … Continue reading

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Do You Think PTPTN Defaulter Should Be Barred From Travelling Overseas?

As we known, those students who borrow PTPTN loan are mostly coming from low to middle class people. At the end of the day, most of them will end-up working with public and private sector, and there’s a minority of … Continue reading

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Is Internet Income Taxable?

Many people still do not know whether Internet income is taxable or not? There’re a lot of full-time blogger have been paying income tax. While some other bloggers may argue that the Internet income is not taxable in Malaysia. By … Continue reading

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