Tax questions? You ask lah! #60

Published: Wed, 02/02/22

Tax questions? You ask lah!

Your weekly dose of tax knowledge - become tax savvy in just 2 minutes!

Is the entrance or rental fee for sports activities eligible to claim lifestyle relief?
(e.g. ice skating entrance fee and badminton court rental fee)

A:
It is not eligible to be claimed as lifestyle relief until Year of Assessment 2020 because it is not a purchase of sports equipment. However, under the 2021 Budget, with effective from Year of Assessment 2021, it is eligible to be claimed as lifestyle relief for an amount of up to RM500.

Is Covid-19 test kit eligible for double deduction under company expense?

A:
Covid-19 test kit is not entitled for double deduction. To claim the double deduction, an employer is required to produce a receipt and certification issued by a medical practitioner registered with the Malaysian Medical Council or a medical practitioner registered outside Malaysia that the Covid-19 Detection Test has been provided to its employees.

Wishing you plentiful tax savings!

Zen Chow

YYC Tax Guru

P.S. I've received a lot of tax questions, so now I am answering the frequently asked questions and sharing them with you weekly!

P.P.S. Do you want more tax saving tips? Because this is just the tip of the iceberg. Join my FREE tax livestream @ https://bit.ly/zen-taxlive

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