Summary

  1. You only need to file taxes if you earn above RM34,000 per year (after EPF deduction).
  2. Here is all you need to know on how to calculate your taxes: 
    •  Salary + Any other income – Tax reliefs = Chargeable income
    • Chargeable Income x Tax rate = Tax Payable
    • (If any) Tax payable – Tax rebates= Total Tax Payable
  1. Filing your taxes properly could reduce how much taxes you’ll have to pay.
  2. If you don’t file your taxes, you risk getting fined or going to jail.
  3. If you aren’t sure how to file taxes or have problems on their website, call LHDN.
Next Introduction to Income Taxes