Personal Tax Relief 2023
|
.gif) |
| |
About Personal Tax Relief 2023
|
|
|
 |
| |
Maximize Your 2023 Tax Savings - Here's Your Personal Tax Relief Summary!
**Any changes is subjected to LHDN's announcement** |
| |
Tax Relief for Individual & Spouse
|
| (i) Education RM 7,000 |
- Education fee for tertiary level or postgraduate level
- Personal upskilling / self-enhancement course (Limit to RM2,000) [Extended to Year 2026]
|
| |
| (ii) Spouse / Alimony RM 4,000 |
- For spouse without income
- Alimony to former wife (Agreement needed)
|
| |
| (iii) Insurance |
- Life insurance (Individual & Spouse) RM 3,000
- SOCSO & EIS RM 350
|
| |
| (iv) Annuity RM 3,000 |
- Private Retirement Scheme (PRS) contributions and Deferred annuity scheme premium
- Extended to Year 2025
|
| |
| (v) EPF RM 4,000 |
|
|
| |
Tax Relief for Child
|
| (i) Unmarried Child Relief |
- Child aged below 18: RM 2,000
- Child aged 18 and above with following condition: RM 8,000
- Receiving higher education, diploma and degree onward
|
| |
| (ii) Breastfeeding Equipment RM 1,000 |
- Limited to female taxpayers, and the child must be under 2 years old
- Can be claimed once every 2 years
|
| |
| (iii) Childcare or Preschool Education Fees RM 3,000 |
- Limited to children under 6 years old
- The childcare centres or kindergarten must be registered with the Department of Social Welfare (SWD) or the Ministry of Education (MOE)
|
| |
| (iii) Net Savings in SSPN's scheme RM 8,000 [Expended to Year 2024] |
- Net saving in National Education Saving Scheme (SSPN) for child
|
| |
Tax Relief for Parents
|
| (i) Medical expenses for parents RM 8,000 |
- Including medical treatment expenses, special needs or carer expenses
**Tax relief for parental care is not available now** |
| |
Tax Relief for Whole Family (Individual, spouse, and child)
|
| (i) Lifestyle RM 2,500 |
- Books & Magazines
- Computer & smartphone
- Broadband
- Sport equipment
- Gymnasium membership fee
|
| |
| (ii) Education or medical insurance RM 3,000 |
| |
| (iii) Sport Equipment RM 500 |
- Purchase of sport equipment, rental/ entry fees for sports facilities & registration fees in sports competition
|
| |
| (iv) Medical expenses on serious diseases RM 10,000 |
- Including:
- Cost of fertility treatment for married couples
- Complete medical examination (Limit to RM 1,000)
- Vaccination expenses (Limit to RM 1,000)
- Expenses for children with learning disabilities (Limit to RM 4,000)
- Autism
- Attention Deficit Hyperactivity Disorder (ADHD)
- Global Developmental Delay (GDD)
- Intellectual Disability
- Down Syndrome
- Specific Learning Disabilities
|
| |
| (v) Expenses related to Electric Vehicle (EV) charging facilities RM 2,500 |
- Including installation, rental, hire-purchase of equipment or subscription fees [Tax Relief for Year 2022 & 2023]
|
| |
Tax Relief for Disabled Person
|
| (i) Disabled Individual RM 6,000 |
| |
| (ii) Disabled Spouse RM 5,000 |
| |
| (iii) Disabled Child RM 6,000：For child aged under 18 |
| |
| (iv) Basic supporting equipment (For disabled individual, spouse, child or parent) RM 6,000 |
|
| Contact us if you have any problems! |
| |