How To Fill Income Tax Malaysia? (TOP 5 Tips)

The following is a step-by-step breakdown of the e-Filing procedure:

  1. Online registration for first-time taxpayers is available through LHDN MalaysiaA. To file electronically, go to the e-Filing website and log in. Select the most appropriate income tax form. Ensure that your personal information is correct. Fill out the form with your income information. Fill in the blanks with your tax relief, tax rebate, and tax exemption information.

How do I file my income tax in Malaysia 2021?

1. How can I file my income tax return online for the year 2021? You must first go to and then click on the Daftar Individu button if you have never submitted your taxes before on the e-Filing income tax Malaysia 2021 platform. Following that, you will be required to complete an online form and upload certain verification papers.

How do I file my income tax in Malaysia 2020?

In Malaysia, income tax is mandated by law, and the amount of income tax you owe varies depending on your total taxable income for the year in question.

  1. Make use of e-Daftar to electronically register as a taxpayer. Obtain a PIN for the purpose of registering for e-Filing. First, log into e-Filing and finish the first-time login process. Re-enter your e-Filing credentials. Prepare your tax returns.
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How do I fill my own income tax?

How to submit an ITR: A Step-by-Step Instruction Guide

  1. Obtain the necessary documentation, such as TDS certificates (Form16/16A) and a capital gains statement. Form 26AS and/or AIS should be downloaded and checked. If there are any problems on Form 26AS, please correct them. Calculate the total revenue for the fiscal year. Calculate your tax responsibilities. Calculate the amount of final tax that will be due, if any.

What is the deadline for income tax 2021 Malaysia?

According to the BE form (resident people who do not engage in business), the deadline for reporting income tax in Malaysia for manual filing in 2020 is 30 April 2021 and for e-filing in 2020 is 15 May 2020. Meanwhile, the deadlines for the B form (resident people who are engaged in business) are 15 July for e-filing and 30 June for manual filing, respectively.

How much salary is taxable in Malaysia?

Who Is Required to Pay Income Taxes? Individuals earning more than RM34,000 per annum (or approximately RM2,833.33 per month) after EPF deductions are required to file a tax return with the government.

Is EPF taxable Malaysia?

Requirements. Contributions to the EPF are tax deductible up to a maximum sum of RM4,000, subject to periodic changes by the government, which is subject to periodic revisions (excluding of exemption for life insurance premium). If you take money from your EPF account as a savings withdrawal, you are not required to pay income tax on that money.

What is the minimum salary to pay income tax?

In general, the lesser one’s income, the smaller one’s tax responsibility, and individuals earning less than Rs. 2.5 lakh per annum are excused from paying any taxes. Individuals who are less than 60 years of age are considered to be young. Senior individuals who are beyond the age of 60 but under the age of 80 are considered to be seniors.

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How do I file my taxes for the first time?

5 Pointers on How to File Your Taxes for the Very First Time

  1. Bring together all of your tax documentation. Determine whether your parents are eligible to claim you as a dependant. Take into account any applicable tax deductions and credits. Don’t forget about your earnings from the gig economy. Electronic submissions are encouraged.

What is the minimum salary to pay income tax in Malaysia 2021?

An individual who earns an annual employment income of RM25,501 (after deducting EPF contributions) or more is required to file a tax return.

How can I file my income tax return offline?

Select e-File > Income Tax Returns from the drop-down menu. Fill out your income tax return > Select the appropriate Assessment Year and Mode of Filing from the drop-down menu (Offline).

  1. Step 2: Unzip the downloaded zip folder and run the installer to install the program. After you have finished importing or downloading data, you should proceed to complete your tax return.

Is it easy to file your own taxes?

The IRS Free File Is Now Available Free tax preparation and filing for federal returns. Using IRS Free File, you may prepare and file your federal income tax return online, either through guided tax preparation at an IRS partner site or through the use of Free File Fillable Forms. It’s safe, simple, and there are no fees associated with filing a federal tax return.

How do I file my taxes online?

2. Online: You may enter all of the necessary information immediately into an e-filing site and submit it. ITR 1 and ITR 4 can be filed electronically by the taxpayer.

  1. The PAN field will be filled in automatically. Select ‘Assessment Year’ from the drop-down menu. Select ‘ITR Form Number’ from the drop-down menu. Select ‘Filing Type’ as ‘Original/Revised Return’ from the drop-down menu. Choose ‘Prepare and Submit Online’ as the submission mode under ‘Submission Mode’.
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What is the deadline for income tax 2020 Malaysia?

For resident persons who do not operate a company, the new deadline for submitting your income tax returns in Malaysia via e-Filing is 30 June 2020; for resident individuals who do operate a business, the new date is 30 August 2020.

How do I know if I have to pay taxes?

Any Indian person under the age of 60 who earns more than 2.5 lakh rupees is obligated to pay income tax on that amount. If an individual is over the age of 60 and earns more than Rs. 3 lakhs per year, the government of India will require him or her to pay taxes to the government of India.

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