Take Advantage of Tax Free or Lower Tax for Benefits in Kind
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Transcript of Take Advantage of Tax Free or Lower Tax for Benefits in Kind
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Take Advantage of TAX-
FREE or LOW TAX for
Benefits in Kind
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Situations where you can enjoy:
Let your driver take the strain: Sit in the
back seat at relax and enjoy a taxable
amount of RM 600 monthly. You employer
sure will spend more for the your salary,
EPF & SOCSO than the cost of the driver!
Enjoy a club corporate membership: You
may be taxed on the amount of the monthly
subscription but the entrance free is FREE.
Get socializing with beneficial from taxing.
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Chill at home: Let the servants take care of
you while you focus on more value added
family bonding time or work- at- home.
Standard amount for domestic servant is RM
4,800 and RM 3,600 for a gardener. Note
that it is applies to the employer.
Sick without worry: Medical, dentist and
maternity are provided to you by your boss
is tax-free but take note on the registered
practitioner.
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Lunch @ Work Canteen: Food and drinks
provided by the employer is either free or
subsidized price and this principle also
covers events which only employees
present.
Free facilities: Free transport, nursery at
company nursery, broadband or a
computer or phone as gift is tax- free. A
win- win situation is generated where
employer enjoys tax deduction while
employees save on daily expenses!
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Tax Exemptions for YA 2008
onwards
Travelling packages: Travel allowances, fuel,
toll, parking allowance provided by your
employers.
Communications: Phone, pager or internet
provided by employer which is registered
under your name and you are tax exempted.
Reduce pricing of goods & services: Employer
may be offering you as an employee for the
goods or services at a discounted rate but it
won’t involve you in any tax liability.
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End of Presentation
The slide is solely for info blogging purpose, no re-printing
without permission and it is a intellectual property of:
CW Management and Consultancy Services
www.cwca.com.my
The writer can be contacted through:
or Whatapps:
016-4225602