Tax relief of RM2,000 if given for Year of Assessment 2013 only for
- Resident of Malaysia
- Aggregate Income less than RM96,000 for year 2013.
How much Tax Saving?
Depends on your tax bracket, up to 24% x RM2,000 = RM480
What is Aggregate Income?
Generally, Business Income + Employment Income + Dividend (taxable) + Rental Income = Aggregate Income.
Click HERE for the Exemption Order.