Keep Your Broadband Receipts for Malaysian Tax Relief

This blog post is just to remind all of you (i.e. Malaysian only) to keep your broadband receipts (e.g. Streamyx, Maxis, P1-Wimax, PenangFON, and etc.) for tax relief starting from this year - 2010. This is based on one of the items (which I find them most useful) in 2010 Malaysia budget announcement.

Since this is new thing, I think many of you may still do NOT aware of this yet or may have just forgotten that you can claim up to RM500 for tax relief for 3 years - starting from 2010 to 2012.

What else receipts you should keep? Well, you probably have known already such as medical, sports, and book/magazine receipts. See my previous post for the summary: Tax Savings Tips for Malaysian.


By the way:

• Do you know you can have tax relief for buying a house too? Of course there are some conditions and the offer is until the end of this year, 2010.  However, it doesn't mean you must go for it which I discussed in my previous post - Tax Deduction for Property Purchase

• Do you know 60% of your premium of critical illness life insurance can have tax relief under the medical insurance policy? Of course for life insurance policy you can claim up to 100%. Many people do not aware this and for more detail, you can read my previous post - Tax Relief Tips for 36 Critical Illness Insurance.