About the Video
Learn how you can pay less taxes to the government while filing your income tax this year (2024)!
🟠 𝗦𝘁𝗮𝗿𝘁 𝗜𝗻𝘃𝗲𝘀𝘁𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝗺𝗼𝗼𝗺𝗼𝗼 ➡️ Click Here to Register
👉🏻 𝗦𝗶𝗴𝗻 𝘂𝗽, 𝗗𝗲𝗽𝗼𝘀𝗶𝘁 𝗮𝗻𝗱 𝗴𝗲𝘁 𝗟𝗶𝗺𝗶𝘁𝗲𝗱-𝗧𝗶𝗺𝗲 𝗿𝗲𝘄𝗮𝗿𝗱𝘀 𝗿𝗶𝗴𝗵𝘁 𝗻𝗼𝘄!
⬇️ Timestamps:
0:00 → Introduction
0:29 → What is Taxable?
1:55 → Am I Required to Pay Tax?
4:35 → Ad break
5:36 → How Much Do I need to Pay?
7:49 → Types of Tax Relief You Can Claim for YA 2023
8:34 → Category A – Tax Reliefs for General Expenses
8:38 → (1) Individual and Dependent Relatives
9:08 → (4) Disabled Individual
9:27 → (15) Disabled Husband / Wife
9:35 → (5) Education Fees
10:31 → (6 & 7) Medical Expenses (Self, Spouse, Child)
11:11 → (8) Children with Learning Disabilities
11:48 → (9) Lifestyle Purchases
12:41 → (10) Sports Equipment / Facilities
14:04 → (14) Husband / Wife / Payment of Alimony to Former Wife
15:01 → (17) Life Insurance and EPF
16:13 → (18) Deferred Annuity and Private Retirement Scheme (PRS)
18:17 → (19) Education and Medical Insurance
18:42 → (20) Contribution to the Social Security Organization (SOCSO)
19:04 → (21) Expenses on Charging Facilities for Electric Vehicle (NOT for business use)
19:25 → (20) Purchase of Basic Supporting Equipment for Disabled Self, Spouse, Child, or Parent
19:58 → Category B – Tax Reliefs for Parents’ Related Expenses
20:04 → (2) Medical Treatment, Special Needs and Carer Expenses for Parents
21:01 → Category C – Tax Reliefs for Child Related Expenses
21:16 → (16a) Unmarried Child below 18 Years Old
21:30 → (16b) Unmarried Child of 18 Years and Above
22:01 → (16c) Disabled Child
22:28 → (11) Breastfeeding Equipment
22:53 → (12) Child Care Centre / Kindergarten
23:15 → (13) SSPN
23:42 → Conclusion
The section numbers are labeled in accordance to LHDN Tax Relief Guide
In this video, I break down everything you need to know about tax relief this 2024 tax season in a super easy-to-understand way, ensuring you keep more of your hard-earned money in your pocket. At it’s core, I will uncover what counts as taxable income and the different sources it can stem from. Most importantly, I will tell show you all the different areas you can claim back money from all the eligible purchases and expenses from the last year.
I will cover the full spectrum of available reliefs and offer practical examples, actionable insights to help you pinpoint and claim the deductions most suitable to your financial circumstances. Hopefully by the end of this video, you have a solid understanding of the tax relief system and are ready to maximize your tax savings.
❗️USEFUL LINKS❗️
➡️ How are Malaysians Taxed for Buying US Stocks? → • How are Malaysians Taxed for Buying U…
➡️ LHDN 2023 Tax Relief →Click Here
➡️ 🟠 Moomoo Complete Playlist 🟠 → • Moomoo Trading
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Disclaimer: All views expressed in this video are the independent opinions of Ziet, which are not necessarily shared by Futu Malaysia Sdn. Bhd. (“Moomoo MY”). No content shall be considered financial advice or recommendation. Moomoo MY links are included in this post, through which referrals are made and Ziet may receive certain commissions. Please contact Moomoo MY for more information.
