Special Tax Deduction Rental Reduction IRBM FAQ (Revised 22 March 2022) Read the full story in our blog https://lnkd.in/eWnz6hge Read our past Facebook postings on the special tax deduction on rental reduction : 1. Great News to Landlords! The special deduction on rental reduction with at least 30% to Small and Medium Enterprise (SMEs) and Non-Small and Medium Enterprise (Non-SMEs) has been gazette on 02 September 2021 (Publication date on 08 September 2021). dated on 23.09.2021 https://lnkd.in/gemKGz9Y 2. 中小企业租金特别扣除 dated on on 15.01.2021 https://lnkd.in/g7tipV85 3. 没有宪报的命令 (gazette order ) @ 29/11/20, 这些税收优惠只能视为 "真的假不了，假的真不了". dated on 30.11.2020 https://lnkd.in/gkBiyR4y 4. We, as approved tax agent, cannot claim these two tax incentives namely dated on 30.11.2020 https://lnkd.in/gjBX4cDJ 5. 我的店主和我拿SME Status Certificate!! dated on 3.7.2020 https://lnkd.in/geMXGJ3e 𝐕𝐢𝐬𝐢𝐭 𝐮𝐬 Wisma 𝐊𝐓𝐏, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru Wisma 𝐓𝐇𝐊, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru 𝐊𝐓𝐏 (𝐀𝐮𝐝𝐢𝐭,𝐓𝐚𝐱, 𝐀𝐝𝐯𝐢𝐬𝐨𝐫𝐲) An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients Website www.ktp.com.my Instagram https://bit.ly/3jZuZuI Linkedin https://bit.ly/3sapf4l Telegram http://bit.ly/3ptmlpn 𝐓𝐇𝐊 (𝐒𝐞𝐜𝐫𝐞𝐭𝐚𝐫𝐢𝐚𝐥, 𝐁𝐨𝐨𝐤-𝐊𝐞𝐞𝐩𝐢𝐧𝐠/𝐏𝐚𝐲𝐫𝐨𝐥𝐥, 𝐀𝐝𝐯𝐢𝐬𝐨𝐫𝐲) A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsource book keeping and payroll services to clients Website www.thks.com.my Facebook https://bit.ly/3nQ98rs

1. KTP & Company PLT (AF1308)(LLP0002159-LCA)
Can director’s medical fee
tax deductible in Sdn Bhd ?
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27/04/22

2. KTP & Company PLT (AF1308)(LLP0002159-LCA)
In general, medical fee on
employee is tax deductible under
S 33 of the Income Tax Act 1967
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26/04/22

3. KTP & Company PLT (AF1308)(LLP0002159-LCA)
However …
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26/04/22

4. KTP & Company PLT (AF1308)(LLP0002159-LCA)
Under section 13(1) b Income Tax
1967, medical and dental benefits
are exempted from income tax for
employee.
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26/04/22

5. KTP & Company PLT (AF1308)(LLP0002159-LCA)
Public Ruling No. 11/2019 - Benefits In Kinds.
Under paragraph 8.3.1 , if the employee
receiving BIK from the employer has control
over his employer (company) there is no
exemption on the medical fee.
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6. KTP & Company PLT (AF1308)(LLP0002159-LCA)
What is control?
For a company, the power of an employee to
control is through :
1. The holding of shares or
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26/04/22

7. KTP & Company PLT (AF1308)(LLP0002159-LCA)
What is control?
For a company, the power of an employee to
control is through :
2. The possession of voting power in or
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8. KTP & Company PLT (AF1308)(LLP0002159-LCA)
What is control?
For a company, the power of an employee to
control is through :
3. By virtue of powers conferred by the
articles of association or other document.
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9. KTP & Company PLT (AF1308)(LLP0002159-LCA)
So what is your tax position on
director’s medical fee (allowable vs not-
allowable expenditure) in Sdn Bhd ? ….
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26/04/22

10. KTP & Company PLT (AF1308)(LLP0002159-LCA)
If medical fee on director is BIK
and PCB is deducted accordingly
on director’s remuneration
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26/04/22

11. KTP & Company PLT (AF1308)(LLP0002159-LCA)
Or
If medical fee is DEEMED as tax
exempted BIK !
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26/04/22

12. KTP & Company PLT (AF1308)(LLP0002159-LCA)
Please share your thought in the
comment section
AskKtpTax
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27/04/22