For individual taxpayers in Malaysia, this can be done through a manual paper form, or through an online e-filing system Because most of these initiatives are for it means that they can only be used during the 2022 year of assessment.
The Covid-19 vaccine is free, for now at least.
As an added incentive, individual income tax at an average rate of 15% is given to non-citizens holding primary positions C-Suites for 5 consecutive years.
For income tax in Malaysia, personal and reliefs can help reduce your chargeable income, and thus your taxes.
To minimise disruption to company cash flow as well as incentivise the improvement of business premises and facilities, it is proposed that the foregoing incentive be extended until 31 December 2022.
Those are all the medical expenses you can claim for tax relief, and we hope that our breakdown of each expense provides you with the information you need to properly file for your tax relief this tax season.