Learn more about understanding tax regulations to managing tax filings in Malaysia.
What tax deductions and rebates can be claimed in the year 2024?
Tax Deductions The following compulsory and optional tax deductions in the year 2024 are deducted from your annual taxable income to arrive at your annual chargeable income, based on which the amount of tax payable will be calculated. Employees can claim optional deductions by submitting form TP1 to their employer. Employers should enter the tax deduction amount […]
