Special Income Tax Relief For Lifestyle Expenses To Be Extended To December 2022
Author Avatar
(Image: Malay Mail/Shafwan Zaidon)

During the tabling of Budget 2022, the government has proposed to extend the special tax relief of RM2,500 for the purchases of phones, computers, and tablets (lifestyle expenses) to 31 December 2022.

This special tax relief was originally introduced under the PENJANA economic recovery plan as a way to boost work-from-home arrangements as Malaysia was forced into extensive movement control order (MCO) periods, and was supposed to last between June to December 2020. It was subsequently extended to 31 December 2021 under the Permai stimulus package.

The special tax relief is provided on top of the existing tax relief for lifestyle purchases, where taxpayers are allowed to claim up to RM2,500. These expenses include expenditure on personal electronic devices, sports equipment, reading materials, as well as Internet bills.

2.6 5 votes
Article Rating

SHARE

Comments (3)

Subscribe
Notify of

3 Comments
Inline Feedbacks
View all comments
Hew
2 years ago

Hi, I bought a tablet for RM3.5K. I have maxed out 2.5K claimed under Lifestyle expenses. Can I claim the remaining 1K under additional Lifestyle expenses?

gg.com
2 years ago
Reply to  Hew

you will not get a reply. because ringgitplus doesnt earn any sort of money from being helpful . No monetization in replies. GG

Pang Tun Yau
2 years ago
Reply to  gg.com

Actually… we did a whole article on this.

https://ringgitplus.com/en/blog/income-tax/confirmed-special-lifestyle-tax-relief-is-stackable-for-smartphone-personal-computer-tablet-purchases.html

Our editorial team is small, so we may not be able to answer all questions in the comments section, but we’re doing our best!

Top Budget 2022 Articles
Post Image
Govt Extends Special Individual Income Tax Relief For Domestic Travel To YA 2022
Sheu Quen
- 29th October 2021
Finance Minister Tengku Zafrul Aziz has announced that under Budget 2022, the government will extend the special individual […]
Post Image
New & Extended Tax Reliefs Introduced In Budget 2022
Alex Cheong Pui Yin
- 1st November 2021
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz has tabled the national Budget for 2022 last Friday, proposing […]
Post Image
Special Income Tax Relief For Lifestyle Expenses To Be Extended To December 2022
Alex Cheong Pui Yin
- 29th October 2021
During the tabling of Budget 2022, the government has proposed to extend the special tax relief of RM2,500 […]
Post Image
Budget 2022: Key Highlights To Know
Alex Cheong Pui Yin
- 29th October 2021
Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz has tabled the national Budget for the upcoming year at […]

Related articles

Related Posts Image
Related Posts Image

Budget 2022 Unanimously Passed By Dewan Negara

Jacie Tan -
2nd February 2021
Related Posts Image
Related Posts Image