The latest and the best financial news, tips and tricks.
Remember the Digital Tax mentioned in the tabling of the 2019 Budget? The bill has now passed in the Dewan Rakyat. The tax is set to be imposed on foreign digital service providers starting 1 January 2020. Deputy Finance Minister Datuk Amiruddin Hamzah explained that the upcoming digital tax has a lower rate than that […]
Filling income taxes in 2019 don’t have to be complicated for Malaysians – especially new tax-payers! If you want to know how to get started and know the tax reliefs & benefits for you, read on!
Budget 2019 was expected to be a burden with the introduction of the new taxes, plus the pre-budget warnings that it will be the most difficult budget ever. The new taxes include a soda tax, digital tax, as well as a departure levy – to name a few. Click to read about all the taxes […]
Source: The Star Tax-paying individuals and companies with outstanding income tax refunds in the past 6 years will be able to offset the amount for the taxes payable in the current year. There’s a whooping total of RM16.046 billion of unrefunded income tax and real property gains tax! The current MoF (Ministry of Finance) has […]
It’s tax filing season again! Do you know how to file your personal income tax? Is this your first time or are you one of those who forgets the details (as this only happens once a year). That is why we have made a quick guide to file your income tax 2018. Related: [LIVE] Budget 2019 Malaysia […]
In Malaysia, many people make the mistake of forgetting to pay their taxes, only to remember when the back-taxes have already piled up. While some manage to pay it off, others end up having to seek financial aid from loan companies.
It’s tax season yet again! Chances are that right at this very moment, tons of people are in a mad dash to fill out their paperwork and wrestle with fuzzy math as they complete their annual obligation to the government. If you count yourself as part of this addled throng, have no fear! CompareHero has […]
Every one of us can’t run away from two things in life, one is death, another is tax. Since this is the fact of life, let’s deal with it bravely this year (I mean tax). Anyway, it’s good that you’re obliged to pay income tax because it means that your income ‘qualified’ you as a […]
Everyone can now breathe a sigh of relief as the Cabinet has given the Land Public Transport Commission (SPAD) the go-ahead to regulate Uber and Grab ride-sharing services. In the latest Budget 2017, the government also encouraged Malaysians to participate as Uber drivers to improve their income.
Its tax season again, folks! But don’t fret,or get stressed up about it. Here’s a handy guide to 2016’s Income Tax filing, along with all the important information you need to know about filing your income tax.
Life is easy when you go online or use an app to book all your travel and transportation needs. Flights to different countries, electric trains between cities, taxis or ride sharing vehicles for short distances. Adding to that ease, is an app that lets you rent a car at your fingertips. And let us tell […]
With the uncertain economic situation, ensuring that you and your loved ones will be financially covered should any unwanted circumstances happen is crucial. Well, in a nutshell, Life insurance is an insurance that covers the risk of life and pays out an assured sum on the happening of the specified event. Health insurance refers to a […]
A new year is upon us, along with opportunities and new beginnings! It is the perfect time to make big changes in your financial habits too. Because no matter how much you make from your job, some tweaks in how you handle your money can go a long way to improving your finances.
2018 is coming to an end, paving the way for 2019. It will be the start of a new year under a new ruling government, and a 2019 Budget that is quite different from before. What has happened this year for Malaysia, and what is to come? In last year’s Malaysia personal finance roundup, we […]
PTPTN borrowers will soon have to repay their loans in specific amounts depending on their monthly income by automatic deduction – whether they like it or not.