Comments on: Tax Relief Malaysia – Want To Maximise Tax Relief With Your Medical Insurance? Read This! https://ibanding.com.my/want-maximize-tax-relief-medical-insurance-read/?utm_source=rss&utm_medium=rss&utm_campaign=want-maximize-tax-relief-medical-insurance-read Finding the Best Insurance Fri, 12 Mar 2021 10:40:31 +0000 hourly 1 https://wordpress.org/?v=6.7.1 By: luke https://ibanding.com.my/want-maximize-tax-relief-medical-insurance-read/#comment-10972 Fri, 12 Mar 2021 10:40:31 +0000 https://ibanding.com.my/?p=29875#comment-10972 In reply to Lua.

If he files jointly and pays the premium then it is possible.

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By: Lua https://ibanding.com.my/want-maximize-tax-relief-medical-insurance-read/#comment-10968 Fri, 12 Mar 2021 01:45:19 +0000 https://ibanding.com.my/?p=29875#comment-10968 Q: On joint assessment with husband as the higher wage earner, can he claim life premium of his wife as part of the tax relief under life insurance up to the limit?

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By: Rae https://ibanding.com.my/want-maximize-tax-relief-medical-insurance-read/#comment-9385 Sat, 04 Jul 2020 19:26:05 +0000 https://ibanding.com.my/?p=29875#comment-9385 In reply to Fanny.

It depends. If your husband is the policy holder and you are the insured person then yes. If your husband is not named in the insurance contract then no.

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By: Fanny https://ibanding.com.my/want-maximize-tax-relief-medical-insurance-read/#comment-9360 Sun, 28 Jun 2020 08:03:33 +0000 https://ibanding.com.my/?p=29875#comment-9360 Hi, I hv a question here, can my husband claim my life insurance premium in his tax relief in the situation where we filed separate assessment ?

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By: Rae https://ibanding.com.my/want-maximize-tax-relief-medical-insurance-read/#comment-9268 Thu, 11 Jun 2020 13:57:26 +0000 https://ibanding.com.my/?p=29875#comment-9268 In reply to Hannah.

You can get full tax deduction for yourself, because the insured is you. You cannot get tax deduction for your sister.

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By: Hannah https://ibanding.com.my/want-maximize-tax-relief-medical-insurance-read/#comment-9229 Sun, 31 May 2020 15:47:05 +0000 https://ibanding.com.my/?p=29875#comment-9229 Hi

I’m a unmarried taxpayer. In 2019, i start to pay my life & medical insurance & also my sister’s (22 years old in 2020, unmarried working adult, didn’t declare any tax due to low income) life & medical insurance.

Example:
-Life insurance premium (rm800) & medical insurance (rm500) insured to me & also paid by me
-Sister’s life insurance (rm900) & medical insurance (rm600) insured to my sister but paid by me

*From above example, May i know how much life & medical insurance premiums is eligible for me to deduct as tax relief for Form BE 2019?

Hopefully u can show me your answer using numbers i stated above for better understanding ya..

Hope to hear from you soon, Thanksss!

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By: Lee https://ibanding.com.my/want-maximize-tax-relief-medical-insurance-read/#comment-9169 Mon, 18 May 2020 12:26:44 +0000 https://ibanding.com.my/?p=29875#comment-9169 Hi I would like to check for MLTA, is it tax relief claimable?
If yes, it is under which category?

Thanks

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By: Lee https://ibanding.com.my/want-maximize-tax-relief-medical-insurance-read/#comment-9168 Mon, 18 May 2020 12:17:21 +0000 https://ibanding.com.my/?p=29875#comment-9168 Hi I would like to check for MLTA, is it tax relief claimable?
If yes, it is under which category?

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By: Ivy Pang https://ibanding.com.my/want-maximize-tax-relief-medical-insurance-read/#comment-9167 Mon, 18 May 2020 00:45:33 +0000 https://ibanding.com.my/?p=29875#comment-9167 1) Life Insurance (RM3000) & EPF (RM4,000) Section
2) Education & Medical Insurance (RM3,000) Section
I am married but we both file tax separately, can I claim tax relief insurance policy paid by me to insured my husband
(Assured -Ivy Pang (Me) & Life Assured -Andrew Chea (Husband)
a) Life insurance -RM875
b) Medical insurance -RM1674

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By: sivam https://ibanding.com.my/want-maximize-tax-relief-medical-insurance-read/#comment-9158 Thu, 14 May 2020 15:02:41 +0000 https://ibanding.com.my/?p=29875#comment-9158 This can be categorized in medical or life insurance relief?

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