fbpx
Connect with us

News

LHDN: Money You Earn From Working in Singapore is Not Taxable in Malaysia

Published

Income - World Of Buzz 6
Source: Berita Harian & JOHORNOW

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

According to the Malay Mail, the Inland Revenue Board of Malaysia (LHDN) announced that all income received from employment exercised in Singapore is not liable to tax in Malaysia.

LHDN chief executive officer Datuk Seri Sabin Samitah stated that this is because this income is not derived from the exercising of employment in Malaysia.

Sabin was quoted in a statement, saying,

“For an individual residing in Malaysia for a period exceeding 183 days, the individual is deemed to be a resident for tax purposes in Malaysia under the Income Tax Act 1967 (ITA 1967).”

“However, if the said individual does not receive any income deriving from Malaysia and only receives employment income derived from Singapore, then the individual is still not liable for tax in Malaysia.”

Income - World Of Buzz 5

Source: johornow

Sabin made this statement to clear doubts concerning the basic questions of income derived from Singapore and tax residence status that was published by a Chinese newspaper today (10 March). He mentioned that the resident status of an individual in Malaysia would not automatically result in the income received by the individual to be subjected to Malaysian tax laws.

Also, he added that any earnings remitted to Malaysia from abroad will be also exempted under Paragraph 28, Schedule 6 of the ITA 1967. To know more, you can visit your nearest LHDN office or call the Hasil Care Line LHDNM at 1-800-88-5436 or 603-7713 6666 (abroad).

What do you think of this statement saying that earnings from employment in Singapore is not taxable in Malaysia? Let us know in the comments section below!

 

Also read: Employers Can Enjoy Tax Relief If They Settle Their Workers’ PTPTN Loans

Income - World Of Buzz

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Collage 89 Collage 89
News4 hours ago

Johor Government May Implement a 4.5-Day Workweek in the Near Future

A 4-day workweek sounds ideal, but a 4-and-a-half day workweek doesn’t sound bad either. Johoreans may be in luck next...

My Post 1 2024 11 21T160023.537 My Post 1 2024 11 21T160023.537
News5 hours ago

“UPSR get D, SPM can get A” – PMX Responds to BERSIH Giving Him a Grade D in ‘Report Card’

Prime Minister Datuk Seri Anwar Ibrahim has opened up about BERSIH’s ‘report card‘ on his administration’s performance in conjunction with...

My Post 1 2024 11 21T114442.032 1 My Post 1 2024 11 21T114442.032 1
News9 hours ago

PDRM is Offering 60% Off Selected Traffic Summons at Govt’s 2nd Anniversary Event This Weekend!

In conjunction with the MADANI government’s 2nd anniversary on 24 November (Sunday), the Ministry of Home Affairs of Malaysia (KDN)...

Collage 17 1 Collage 17 1
News1 day ago

MCPF Calls for Vape Ban, Warns Addiction to Substances Can Lead to Unhealthy Behaviours Like Theft

The Malaysian Crime Prevention Foundation (MCPF) is urging for the sale of e-cigarettes or vape devices to be banned or...

Feat Image Lesen Feat Image Lesen
News1 day ago

Anthony Loke: Road Users in M’sia May Have to Pay for Physical Driving License Cards Starting Next Year

Transport Minister Anthony Loke Siew Fook today iterated that the Government will continue with the implementation of digital driving licenses...

Collage 15 2 Collage 15 2
News1 day ago

Filipino Couple Caught Living & Working Illegally in Malaysia Using Fake MyKads That Cost RM250 Each

A Filipino husband and wife were arrested during a raid on November 19 at a house in Pandan Indah yesterday...

Feat Image Apple Ind Feat Image Apple Ind
News1 day ago

Apple Offers to Increase Investment in Indonesia Tenfold to RM446 Million to Lift Country’s iPhone 16 Series Ban

Previously, we shared how the Apple iPhone 16 Series is banned from being sold in Indonesia until the tech giant...

My Post 1 2024 11 20T144359.263 My Post 1 2024 11 20T144359.263
News1 day ago

BERSIH Names Ismail Sabri the Best PM Since 2009, Calls Out PMX for Lack of Urgency with Reforms

In conjunction with the upcoming 2nd anniversary (24 November) of Anwar Ibrahim’s administration, The Coalition for Clean and Fair Elections,...

Announcement

Latest Videos



TRENDING TODAY