Sports Development Act 1997 Malaysia Tax Relief

Rm 2 500 including child spouse.

Sports development act 1997 malaysia tax relief. 1 january 1998 p u. From the year 2008 individual taxpayers are allowed to claim tax deduction of up to rm300 a year on purchase of equipments for sports as defined by the sports development act 1997. Iii purchase of sports equipment for any sports activity as defined under the sports development act 1997 excluding motorized two wheel bicycles and gym memberships. Tax relief rebate eduction income credit end year of assessment 2015 malaysia www hasil gov my lembaga hasil dai am ne geri malaysia lhdnm r07 16 tax reliefs tax reliefs which can be.

The term equipment is not defined and is thus open to discussion. Purchase of sports equipment for any sports activity as defined under the sports development act 1997 not eligible for the purchase of sports. Tax relief for resident individual. Tax relief of up to myr 300 for the purchase of sports equipment for sports activities as defined under the sports development act 1997.

2 500 limited purchase of breastfeeding equipment. Except sabah sarawak and federal territory of labuan. The tax relief is among the provisions contained in the. Tax relief of up to myr 3 000 for the purchase of a computer to be claimable once over a three year period.

Receiving further education outside malaysia in respect of an award of degree or its. Purchase of sports equipment for any sports activity as defined under the sports development act 1997 excluding motorized two wheel bicycles and gym. 6 laws of malaysia act 576 7sports development laws of malaysia act 576 sports development act 1997 an act to promote and facilitate the development and administration of sports in malaysia and to provide for matters incidental thereto. Lhdn states in the income tax act that the tax relief for sports equipment is only eligible for those used in sporting activities defined in the sports development act 1997.

1 000 limited net saving in sspn. Iii purchase of sports equipment for any sports activity as defined under the sports development act 1997 excluding motorized two wheel bicycles and gym memberships for self spouse or child. Year of assessment 2019. And contributions to sports body approved by the commissioner of sports appointed under the sports development act 1997 contributions are restricted to cash.

And iv payment of monthly bill for internet subscription. 2 iv payment of monthly bill for internet subscription. Can be considered as sports equipment.