Tax questions? You ask lah! #76

Published: Wed, 05/25/22

Tax questions? You ask lah!

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

Sammie is undertaking a Degree course but she is running her own online business. Can her father still claim child relief of RM8,000?

A:
It depends on how much is Sammie earning from her online business. If her annual income is less than the child relief amount (i.e. RM 8,000), then her father is still eligible to claim the RM8,000 child relief.

If I am working for an Australian company in Malaysia but the salary is paid to my bank account in Australia in AUD currency. Is my income taxable in Malaysia?

A:
If you exercise the employment in Malaysia, then the income is derived from Malaysia and is taxable in Malaysia even though you do not receive the income in Malaysia.

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. One more thing. I have a FREE Tax Livestream that you won't want to miss out. Because you can learn how to SAVE TAX for business! Reserve your FREE seat here: bit.ly/zen-taxlive

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