April 22, 2019

Malaysia Tax Declaration for Year Assessment 2018

The deadline for BE form (without business source of income) is 30th April 2019.

The guide can be referred here.


Deductions / Rebates / Tax Deductions / Tax Relief
Item Maximum amount
Individual and dependent relatives
RM 9,000
Medical treatment, special needs and carer expenses for parents
RM 5,000
Parents
RM 1,500 per parent shared among all siblings
Basic supporting equipment for disabled self, spouse, child or parent
RM 6,000
Disabled individual
RM 6,000
Education fees (self)
RM 7,000
Medical expenses on serious diseases for self, spouse or child
RM 6,000 (including RM 500 for medical examination)
Complete medical examination for self, spouse or child
RM 500
Lifestyle - expenses for the use / benefit of self, spouse or child
RM 2,500
Purchase of breastfeeding equipment for own use for a child aged 2 years and below
RM 1,000
Child care fees to a registered child care centre / kindergarden for a child aged 6 years and below
RM 1,000
Net deposit in Skim Simpanan Pendidikan Nasional
RM 6,000
Husband / wife / payment of alimony to former wife
RM 4,000
Disabled husband / wife
RM 3,500
Child
RM 1,000 to RM 14,000
Life insurance and EPF
RM 6,000
Private retirement scheme and deferred annuity
RM 3,000
Education and medical insurance
RM 3,000
Contribution to the Social Security Organization (SOCSO)
RM 250

April 12, 2019

Citi Cash Back Credit Card





Main Features
Annual fee
Principal card RM 120, supplementary card RM 60
Annual income
RM 36,000
Cashback
10% for dining, groceries, petrol and Grab rides,
0.2% for all other retail spends (cap at RM 100)

Islamic Fixed Deposit (IFD-i) Hoorey Campaign

Maybank launched "Islamic Fixed Deposit (IFD-i) Hoorey Campaign" from 1st March 2019 to 300th April 2019.

It gives 3.95% pa interest to fresh fund and 3.85% pa interest to non fresh fund!

The campaign page is here.

Terms and conditions can be referred here.


Source: https://www.maybank2u.com.my/maybank2u/malaysia/en/personal/promotions/account_and_banking/promo_my_fdhooray0319.page?

Maybank FC Barcelona Visa Signature





Main Features
Annual fee
Free for life
Annual income
RM 48,000
Cashback (May & August)
10% for all retail spends (cap at RM 100)
Cashback (all other months)
2% for all retail spends (cap at RM 50)