Tax questions? You ask lah! #240

Published: Wed, 11/19/25

Updated: Wed, 11/19/25

Tax questions? You ask lah!

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

I received a one-off RM100 cash assistance from the MyKasih Foundation. I used it to buy biscuits which will be sold in my mini market. Is the income earned from selling the biscuits subject to tax?

Yes, the income earned from selling the biscuits is your business income and it is subject to income tax in Malaysia.

I received a one-off RM100 cash assistance from the MyKasih Foundation. I used it to buy biscuits which will be sold in my mini market. Can I claim tax deduction on the purchase of biscuits expense against the sale of biscuits?

No, the expense incurred on the purchase of biscuits is not deductible against the sale of biscuits because the purchase is made from a subsidy given to you by the government.

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!

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MALAYSIA

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