Ascertaining Chargeable Income
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1. Individual tax residents must subtract personal reliefs — such as those for the individual taxpayer, children, and so on — from their Total Income to arrive at Chargeable Income. 2. Next, it is necessary to apply the appropriate tax rates to the Chargeable Income, which are determined by: 👉 the type of taxpayer in […]
Income Tax Deduction for the Sponsorship of Scholarship to Malaysian Student
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