PETALING JAYA: More than ever, this year’s tax relief measures offer a lifeline to many, especially since the Covid-19 pandemic has caused great upheavals and losses in the job market. With the deadline to file taxes fast approaching, tax experts are advising people to be aware of the relief they can claim for and the mistakes they should avoid. Tax expert Koong Lin Loong advised people to ensure that they file the right income tax form, especially since many joined the gig economy following the pandemic. You must file taxes if your earned income reaches the taxable amount, ” he added. “Tax relief for fees paid to childcare centres and kindergartens have also increased to RM3,000, ” he added.

Source: The Star April 16, 2021 22:25 UTC