It’s time to declare your income tax again, as normal every year, we need to declare our yearly income and calculate tax need to pay to government or maybe need to take back income tax that over paid for year 2007. Dateline for Individual who work for private or public employer, is 30 April 2008.
What do you mean by Income? For Individual, the income of an employee from an employment includes wages, salary, remuneration, leave pay, fee, commission, bonus, gratuity, perquisite, or allowance (whether such items are paid in money or otherwise) in respect of having or exercising the employment.
I think by this time, individual needs to do the preparation for the tax declare in order to meet the dateline. I am doing it as well. For those who do the tax declare first time, please refer to Inland Revenue Board Malaysia Web site for more info.
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