Please enable JavaScript.
Coggle requires JavaScript to display documents.
CHAPTER 3 TAX PLANNING (GROUP 2: AISHAH, NADHIRAH, FASYA, RAUDHAH) -…
CHAPTER 3 TAX PLANNING (GROUP 2: AISHAH, NADHIRAH, FASYA, RAUDHAH)
-
Exemptions, Reliefs & Rebates (Resident Individual)
-
Common tax reliefs:
-
-
-
-
Lifestyle purchases (books, sports equipment, computer)
Tax rebates: Reduce the amount of tax payable (e.g., for zakat or certain contributions).
TAX PLANNING STRATEGIES
Tax Avoidance (Legal):
Using legitimate methods to minimize tax (e.g., claiming reliefs, investing in approved schemes).
Focus areas: purchases, investments, retirement planning.
-
-
-
Are You Taxable?
-
-
If your income is taxable, you must register for an Income Tax Reference Number.
-