Tax Reliefs For Year Of Assessment 2016 (Tax Filed In 2017)

What is a income tax relief? Tax reliefs are set by LHDN, where a taxpayer is able to deduct a certain amount for money expended in that assessment year, from the total annual income. These are for certain activities or behaviours that the government encourages or even necessities or burdens to lighten our financial loads.

For income tax Malaysia, tax reliefs can help reduce your chargeable income, and thus your taxes. If planned properly, you can save a significant amount of taxes.

In our example, a taxpayer would have been taxed about 10% of his total chargeable income of RM84,300 if he had claimed no tax reliefs at all.

However, with the self & dependent tax relief of RM9,000, life insurance & EPF relief at RM6,000, his total chargeable income is now RM69,300, hence, he would only be taxed about 8% of his chargeable income.

Malaysia Personal Income Tax Guide For 2017

Preparing and filing your income tax in Malaysia can be a challenging and anxiety-inducing experience every year for most people, but it doesn’t have to be if you understand how income tax works in this country.

Do you know how your tax is calculated? Are you aware that Malaysia adopts a progressive income tax rate system, which means that you only pay the higher rate on the amount above the rate? Do you know what the differences between tax exemptions, tax reliefs, tax rebates and tax deductibles are? How can you get higher income tax return?

If you have no clue what the answers for these questions are, plus many other income tax-related questions, you will have no idea how to plan your taxes well. Without planning, you won’t be able to maximise on the tax reliefs available, and get the tax savings you are eligible for.

Well, it is never too late to find out. With this simple and easy-to-understand Malaysia income tax guide 2017, you will be filing your tax like a whiz before April ends.

Now, let’s get started and find out what’s chargeable income!

Malaysia Income Tax e-Filing Guide

So, how to file income tax? Taxpayers can start submitting their income tax return forms through the e-Filing system starting from March 1 of every year, unless otherwise announced by LHDN. This method of e-filing is becoming popular among taxpayers for its simplicity and user-friendliness.

Unlike the traditional income tax filing, where you have to print out the income tax form and fill it in manually, the e-Filing income tax form calculates your income tax for you automatically. So, questions like “how to calculate my income tax” will not be stopping you from getting your income tax returns.

Filing your tax through e-Filing also gives you more time to file your taxes, as opposed to the traditional method of filing, where the deadline is usually on April 30.

If this is your first time filing your tax through e-Filing, don’t worry, we’ve got your back with this handy guide on e-Filing.

Here is how the short e-Filing process goes:

The best bookstores in KL

E-books may be taking over the world, but brick-and-mortar bookstores will always be special because you can never replace the joy of a paperback in your backpack. Live vicariously through your favourite characters at these best bookstores in the city. 

Cite Book Garden

Cite (magazine publisher, champion of local and Singaporean writers, and the biggest Chinese online bookstore in the country) opened a physical bookstore in the form of Cite Book Garden, a small store designed for bibliophiles to relax and browse at length. The book garden features actual plants by way of hanging potted ferns by the window, a few chairs where readers can sit and read, a wall displaying the magazines they publish (ranging from fashion glossies like Vivi to the Chinese edition of National Geographic), a wide selection of titles from Taiwan, Hong Kong and mainland China, and even a small café (they once offered coffee workshops partnering with Exhibit Café from TTDI). The second floor houses an event space for readings, talks, activities for kids, and more.

10 Free Marketing Tools Every Entrepreneur Should Know About

If you’re an entrepreneur, bootstrapping a business, then you understand the importance of every dollar.

While executing your core competency is a crucial factor to your business’ success, another important step is effectively marketing your business. Fortunately, there are hundreds of free digital marketing tools that can greatly impact your business. Below are a few of the best, free online marketing tools for entrepreneurs.

Posisi Seks Yang Anda Inginkan??

Kalau korang baca Kamasutra, mesti korang dapat banyak idea untuk posisi-posisi hubungan seks yang boleh korang terokai. Tetapi, antara banyak-banyak posisi seks yang diketahui, terdapat enam posisi seks yang diminati oleh ramai pasangan Melayu.

Berikut disenaraikan posisi seks tersebut.

1. Posisi Seks Missionary

Dalam posisi seks missionary, lelaki berada di atas, manakala perempuan berada di bawah. Posisi seks ini adalah posisi seks yang paling banyak di amalkan kerana sudah lumrah sifat lelaki untuk menjadi ketua atau memimpin. Jadi dalam posisi seks ini, lelaki mengetuai, dan “in control”. Posisi seks ini juga memudahkan lelaki memasukkan zakar ke dalam kemaluan pasangannya.

The Last Cassette Factory in Malaysia

JUICE speaks to both ends of the demand and supply of cassettes to uncover why the supposedly archaic physical medium – whose sound quality isn’t even up to par with digital formats – is still viable in this day and age of online streaming and illegal downloading of music.

How JUICE discovered Express Audio Industry — the last cassette factory in Malaysia — is how many other people have found the company; through word of mouth. Having had the opportunity to interview a number of local musicians, if the conversation would veer into cassette releases, the name of the factory would come up and the fact of their terminal existence would be emphasised. Although we knew that cassettes are still a staple among the DIY, underground scene, we were nevertheless intrigued by the whole notion that cassettes are still relevant at all, so, we decided to investigate into the matter.

Express Audio Industry Sdn. Bhd. has had an illustrious business back in the ‘80s and the ‘90s when cassettes were enjoying the luxury of being the popular medium for people to enjoy music. The company had the exclusive deal with conglomerate record label Polygram to press all the releases of their expansive roster of local and international artistes, from Cantopop à la Alan Tam, to beloved heavy metal band Metallica, to popular ‘70s local rock band Alleycats. They were a key player in the cassette duplication industry, but as one can imagine, when CDs came along in the ’90s, followed by the personal CD-ROM burners that enabled easy quality and efficient duplication (read: piracy), the decline in sales for cassettes started to occur.

8 Novel Melayu Berkualiti Mesti Di Baca

Tidak banyak novel melayu terbitan baru yang menyamai semangat novel melayu yang ditulis oleh sasterawan dan enthusiasts bangsa dan bahasa.

Kebanyakkan novel melayu tidak lagi diterbitkan setelah habis cetakan. Institut seperti DBP dan ITBM mempunyai sebilangan besar jumlah novel-novel ini, tetapi tidak ramai yang mengetahui kewujudan novel melayu berkualiti ini . Tidak dilupakan, penerbit indie seperti Dubokpress juga ada menerbitkan novel melayu berkualiti tinggi, selain buku bukan-fiksyen yang banyak menyentuh isu kemasyarakatan dan kritis sosial. 

Listopia 100 Novel Melayu Yang Mesti Di Baca, adalah permulaan yang baik untuk mencari semula karya karya emas ini. Kombinasi penulis lama dan baru, mereka sama sama merancakkan lagi dunia novel melayu berkualiti yang pernah kita nikmati dulu.

Best secondhand and rental bookstores in KL

Do you prefer your books to have a bit of character? Roll up your sleeves and score a literary gem or two at these top secondhand and rental bookstores in KL. 

Jumble Station

Jumble Station is a community outreach initiative by the NGO Parents Without Borders to help raise funds for single parents. There’s a small corner in the shop that sells secondhand books which were donated by the public. Get three books for RM10, two for RM8 and one for RM5.

Address:

	The School Jaya One 72A Jalan Universiti Petaling Jaya 46200
Opening hours:	Daily, 10.30am-8pm

Kuching Waterfront: Bazaar far from bizarre

East Malaysia, on the island of Borneo, has many appealing qualities and the Sarawak capital of Kuching offers a relaxed and yet, vibrant setting. The riverfront district along the Sarawak River, in downtown Kuching, is now an open space used mostly for recreation. It’s a lively pedestrian-only precinct that is frequented by the locals who use it for leisure activities, to enjoy a sunset drink, or have a meal beneath shady trees.

A fascinating part of this riverfront area is the street named Main Bazaar which runs alongside the river. Retail shops, bazaars, and a few dining outlets front the street but there are numerous uniquely Sarawakian and Bornean products sold in the shops here to ensure that the bazaars are a bit more bizarre than mainstream.

The former trading houses, or go-downs, along Jalan Main Bazaar offer an intriguing insight to the area’s historic activities before it became a major tourism precinct. With awnings providing shade, it’s easy to amble along here, and the best place to start your walk is at the former Court House which has recently been converted to an amazing lifestyle concept under the ChinaHouse banner.

What were once go-downs for goods unloaded at the riverside docks are now mostly craft and souvenir shops selling items from Borneo. These old shops with captivating names present a face of a bygone era – names such as Dayak Art, Sarawak Steamship Berhad, and Haiyen Bird’s Nest offer some intrigue before you even step inside.

5 Most Expensive International Schools In The Klang Valley

To ensure their children remain competitive in the increasingly borderless world, more and more Malaysian parents are opting for international and private education for their children. However, these schools do not come for cheap.

In 2012, the Malaysian government has eliminated the quota for Malaysian enrolment at international schools. Due to the quota and the lack of affordable options, only selected affluent Malaysians could afford to send their children to these schools previously.

The 2012 decision to remove the quota has opened the floodgates and more international schools are mushrooming all over the country. According to the latest data by the International School Consultancy Group (ISC), a UK-based organisation, there are currently 99 English-medium international schools in the country, with a total of 39,460 students.

The market has been growing at a rate of 19% per annum for the past five years, and it is showing no signs of stagnation.

Based on latest findings, 40% of the students in these premium schools are local Malaysians, 9% British, 6% South Korean and 4% American.

How expensive are these premium schools really? We have collated the top 5 most expensive international schools in the country and this is how much you will have to fork out to send your child to these schools from nursery all the way till graduation:

4 Ways To Simplify Insurance Planning For Your Growing Family

Being a parent means a life full of joy and love, but at times, with a dash of sacrifice and a few heaps of sleepless nights plagued with worries. And us, parents won’t have it any other way.

Even when we are not around our kids, we constantly think about them and wonder what they are up to. Perhaps nothing can really take away the constant worries, but if we prepare for it sufficiently, we can be better equipped at providing the best for our children.

If one of the family members is ill, the last thing a parent wants to worry about is money. As a parent we want to be able to afford the best care and the best treatment – without a second thought. However, the truth is, medical treatment has become so expensive in recent years that in such a situation, money is the first problem that we have to tackle.

One of the most effective ways to prepare for such eventualities is by building an adequate insurance portfolio, not just for the children, but for the entire family.

How do you ensure that your insurance portfolio stand the test of time? Starting and raising a family are expensive affairs. One wrong move can result in a financial hit that may take years to recover from, which is why you need to ensure your insurance planning is able to withstand any stress as your children grow up.

Here are a few things you need to consider to ensure your insurance portfolio for the whole family is financially sustainable:

What Multitasking Does To Our Brains

We've all heard it hundreds of times: to work efficiently we have to single task. No multitasking. And yet, we let it slip. We end up eating lunch in front of the TV with our laptop open. We browse Twitter and Facebook whilst sending emails, and probably chatting in Google+ too. If we should be focusing on just one assignment, blog post, or proposal...why the heck is it so hard to focus? 

 

Why we multitask in the first place: It makes us feel good

 

To understand why we always fall into the habit of multitasking, when we know we shouldn't, I found some very interesting studies. The answer is in fact quite simple:

[People who multitask] are not being more productive—they just feel more emotionally satisfied from their work.

Video | Adele - Hello

Hello | Adele 

Hello, it's me
I was wondering if after all these years you'd like to meet
To go over everything
They say that time's supposed to heal ya, but I ain't done much healing
Hello, can you hear me?

12 gambar menarik rumah berkonsep open garden

Video | Soo Wincci ┇ I'll Be Alright

Nabi Muhammad (s.a.w) Dalam Kitab Hindu?

Gambar hiasan

Seorang professor penyelidik pakar bahasa India dari Universiti Alahabad, dalam buku hangatnya, telah menerbitkan buku mengenai Kalki Avatar beerti Pembimbing Agung. Beliau mendakwa bahawa gambaran mengenai Kalki Avatar yang terdapat didalam kitab suci Hindu yang sebenarnya adalah Nabi Muhammad s.aw. Di India adalah merupakan factor benar bahawa sejurus selepas sesuatu buku dilancarkan akan menjadi suatau bahan bualan dan gossip seluruh negara. Jikalah sekiranya pengarang buku ini, seorang muslim, sewajarnya dia akan ditangkap dan atau beliau akan dibunuh dan semua buku bukunya akan ditarik balik dari berada dipasaran. Hingga ketahap dimana ianya akan tidak dibenarkan untuk diulang cetak.  

Video | 4U2C ┇ Kenangan Cinta

Lirik Lagu Kenangan Cinta   ┇   4U2C

Kenangan saat berputiknya cinta bersama
Ingat semua... padaku berdua
Mengapa... kesudahan begini yang kau pinta
Mengakhirkan cinta kita

Video | Sarimah Ibrahim Feat. Simon Bailey ┇ You On My Mind

Sarimah Ibrahim Feat. Simon Bailey ┇ You On My Mind

#MYCYBERSALE 2015

Multimedia Development Corporation (MDeC) telah melancarkan #MYCYBERSALE , jualan digital online terbesar di Malaysia buat kali kedua.

#MYCYBERSALE bermula pada 28hb September dan akan berakhir pada 2 Oktober 2015. Tahun lepas , jualan online ini cuma diadakan selama 3 hari saja tapi kali ni dilanjutkan selama 5 hari !

Apa yang menariknya sangat dengan #MYCYBERSALE 2015 ni ? Ok.. bayangkan diskaun sehingga 90% menanti korang semua ! Bayangkan produk produk yang ditawarkan nanti adalah idaman selama ini ! Segalanya , cuma dihujung jari korang je ! Belian secara online tanpa perlu berebut beratur.. nak bayar parking dan keluar duit minyak ! Kan ?