Well I’ve also been wondering, would a full time blogger need to pay for tax in Malaysia if the money comes from outside Malaysia? If most of your income comes from Nuffnang or any other Malaysian blog aggregator, you will probably have to pay tax once you reach the RM2000 threshold. (But check with a professional tax consultant to confirm – I’m not one.)
For money received from outside Malaysia (i.e. Google Adsense), a local blog I’ve visited quoted:
Tax Exemptions For Individuals
12. Income Remitted from Outside Malaysia
With effect from the year of assessment 2004, income derived from outside Malaysia and received in Malaysia by resident individual is exempted from tax. (Link)
Original post here.
So to clarify, I’ve emailed the government department, The Inland Revenue Board (IRB) at http://www.hasil.org.my/english/eng_index.asp, whether or not they reply me is another question. I’ll let you know what they say.
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Hey William. I have also sent a similar email to IRB. It has been more than a week and still no reply. Don’t know what they are up to.
Anyway, this clause:
“12. Income Remitted from Outside Malaysia”
seems to be too general.
Yes it is a little too general. When I asked IRB, they said any and ALL income was taxable… but truthfully if you don’t reach the tax bracket of around RM2k/ month, you don’t have to worry. Once you do make that much however, it’s better to form a business, ask a tax consultant where you can save on tax and just declare it all (with tax cuts included of course)
Do you know any tax consultant that you can recommend to me?
.-= Sarah´s last blog ..Banned From Digital Point =-.
thanks william great post.
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