Income taxes for expats in malaysia скачать в хорошем качестве

Income taxes for expats in malaysia

In Malaysia, tax reliefs are reductions from your total income that you can claim to lower your taxable income. This means that the portion of your income on which tax is calculated becomes less, potentially resulting in lower income tax payments. These tax reliefs cover a wide range of expenses, including lifestyle expenses (like gym memberships and books), education fees, medical expenses, and more. The government provides these reliefs as a way of reducing your financial burden and encouraging certain behaviours like maintaining health and investing in education. In this video, we will walk you through the various tax reliefs available in Malaysia, how to claim them, and strategies to effectively reduce your taxable income. This is an essential guide for everyone, from fresh graduates to seasoned workers, to understand how they can optimize their income and expenses. Remember, managing your taxes wisely is a key aspect of financial health! Don't forget to like, share, and subscribe for more informative content about living and working in Malaysia. Youtube:    / @fahd_husyn   Stay tuned for more financial tips and advice! #incometaxmalaysia #Incometaxesfor expatsinmalaysia