What Is Tax Rebate?

The example in the previous chapter shows a tax amount of more than RM4,000 – that’s quite a big sum. But this may not be your final tax yet. The last step you can make to reduce your tax is through tax rebate.

Most people confuse income tax rebate with income tax relief. The difference between the two is: a tax relief is deduction from the total income to derive your chargeable income, whereas tax rebate is deducted from the actual taxed amount.

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.

10 Simple Steps to Make the Most of Every Day

“Success in life is founded upon attention to the small things rather than to the large things.” – Booker T. Washington

Our lives are a large collection of single days one right after the other. The sun rises, the sun sets, and it rises again. And in the end, the lives we chose to live will be determined by how we choose to spend each day.

Unfortunately, for most of my life, I embraced little intentionality in my days. I survived each new day, but made little effort to make the most of it. Instead, they simply just came and went… and many were wasted.

But over the past few years, my views have changed. I have begun to view each day as an important gift. I have sought to embrace each one individually and discover the potential that it holds. After all, some may get more days than others, but each of us have been given this one. And we ought to be making the most of it.

10 Little Stories About the True Power of Love

Sometimes, life produces the kinds of situations and events that no Hollywood scriptwriter could ever dream up. Comical, ambiguous, unpredictable, tragic — life is such a multifaceted thing. But whatever happens, there’s always space for love, kindness, happy occurrences, and simple wonder.

We at gathered together 10 powerful stories that will hit you right in the heart.

5 fabulous natural places to visit in East Malaysia

Much of East Malaysia on the island of Borneo was once covered by natural vegetation like lowland rainforest, montane forests at high altitudes, and mangroves along the coasts. Many natural areas still remain today, and most are reasonably accessible, but in some cases do require long road or river journeys.

Here are five fabulous natural places to put on your list of East Malaysian travel destinations.

1. Bako National Park, Sarawak

One of Sarawak’s smallest national parks (just 2,727ha) punches way above its weight class in terms of wildlife. Located 37km from the Sarawak capital of Kuching, Bako supports stands of most plant communities found in the state with mixed dipterocarp forest, mangrove forest (where it’s possible to see Proboscis Monkeys), grasslands, peat swamp forest, and a very unusual kerangas, or heath forest, where pitcher plants thrive in the nutrient-depleted soil.

There are a dozen trails to walk, from a few hundred metres to several kilometres in length and overnighting in basic park accommodations is an option, though most visitors return to Kuching and stay in hotels such as the Pullman Kuching.

Benefits of Antioxidants

Antioxidants come up frequently in discussions about good health and preventing diseases. These powerful substances, which mostly come from the fresh fruits and vegetables we eat, prohibit (and in some cases even prevent), the oxidation of other molecules in the body. The benefits of antioxidants are very important to good health, because if free radicals are left unchallenged, they can cause a wide range of illnesses and chronic diseases.

Antioxidants and Free Radicals

The human body naturally produces free radicals and the antioxidants to counteract their damaging effects. However, in most cases, free radicals far outnumber the naturally occurring antioxidants. In order to maintain the balance, a continual supply of external sources of antioxidants is necessary in order to obtain the maximum benefits of antioxidants. Antioxidants benefit the body by neutralizing and removing the free radicals from the bloodstream.

Video | Cinta Terakhir - W.A.R.I.S Feat. Ezad Exists

Lirik Cinta Terakhir - W.A.R.I.S Feat. Ezad Exist

W.A.R.I.S

Wahai hati,

Dengarkan setiap bait kataku ini

Tak ku ketahui

Akhirnya ruang ini terisi

Dengar dengan teliti

Dan cuba kau fahami

Sampaikan penuh ikhlas, tanpa perasaan benci

Daging Masak Lada Hitam

Menu ringkas dan simple untuk hidangan hari ini.

Menu yang mudah dan ringkas untuk hidangan makan malam.

Bila siangnya AM dah sediakan ikan, untuk makan malam AM sediakan hidangan daging pula. 

Resepi dari Pak Engku dan AM ambil dari koleksi buku resepi beliau yang AM beli iaitu Santapan Lauk Pauk Tradisi. Dalam buku ini banyak himpunan resepi tradisi yang sedap-sedap dan semuanya membuka selera. Kalau tengok buku ni pasti semua nak di cuba dan di rasa.

Video | Tactmatic Feat. Darren Ashley & Ego ┇ Ku Kan Pulang

 

 Tactmatic Feat. Darren Ashley & Ego  ┇  Ku Kan Pulang

#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 ?

U Mobile HERO Plan : RM70/month with Unlimited Calls & 7GB Internet

U Mobile HERO plan, the new postpaid plan from U Mobile was launched recently. What’s most interesting about this plan is the unlimited free calls and the flat low price of RM70/month, including 7GB of Internet data. There no contract and the voice calls are truly unlimited.

Details of U Mobile HERO Postpaid Plan:

• Truly unlimited free calls to all networks (including calls to Maxis, Celcom Axiata, Digi, TM, U Mobile & others)
• 7GB Internet data (all day, all night)
• RM70/month

How-to : Print Your EPF Statement In 3 Steps

If you are applying for a home loan or a personal loan, one of the most important documents you need to submit together with your application is your latest Employees Provident Fund’s (EPF) statement. This statement shows the monthly contribution from you and your employer in both Account 1 and 2.

For the uninitiated, EPF is a compulsory retirement savings scheme implemented by our government for all salaried workers in Malaysia. The money saved in your EPF account is invested and will be compounded according to the interest rate set.

The statement is a great way to prove the level and stability of your income to the financial institutions you are applying for a credit from. If you are applying for a credit card at the shopping mall, the sales agent will usually print the EPF statement, using your MyKad, on the spot.

However, with the advent of technology, you now don’t need to apply for loans or credit cards physically. With just a few clicks of a mouse, you can sort out most of your banking needs online. 

Tips & Tricks to Boost Your WiFi Signal

Tips &Tricks to boost your wifi signal

You’re streaming your favourite TV show and your broadband suddenly slows down. This really annoys not just you but millions of internet users suffering from the same dilemma. Fortunately, there are many ways to boost your WiFi signal and most of them simply involves a bit of tweaking to your wireless network. Here are some useful fixes for your connectivity woes.