Ahmad had paid zakat ala cash as much as RM 2,500
on January 2000. Later Ahmad immediately gave
the receipt to the LHDN office. LHDN side will
do the writing directive to the employer to decrease or an
exeption of Ahmad income tax on year 2000.
Example 1 :
Tax reserved to the year
of assessment 2000
RM 3,000
Zakat have been paid in
year 2000
RM 2,500
------------------
Balance to LHDN
RM 50
------------------
Example 2:
Tax reserved to the year of assessment 2000
RM 2,500
Zakat have been paid in
year 2000
RM 2,500
------------------
Balance
to LHDN
NIL
------------------
According to Income Taxes Act 1967
all the zakat payers have a exception / rebate on income tax.
Below is the couple things that have
to be prove to get an exception of income tax :
- Payment proven by the receipt that outwards from the people that have authorithy for collecting zakat .
- Paying zakat to "amil" (person who has the right to collect zakat) that recognised & appointed by the government.
According to Income Taxes Act 1967
(2000 Amendments) if a person paying zakat at year 2000, thus exception
of income tax will be given on the same year.
Have 2 ways to get income tax exception
:
- Cash Method
**Zakat receipt has
been paid need to be given to LHDN.
- Method Of Zakat Payment By Monthly Salary Deductions
Willing Income Tax Act (Amendment
2000) Muslim people who paid zakat through salary deductions will be able
to reduce or halt payment Scheduled Tax Deductions (PCB) by immediately.
Example 1 :
Month
of Jun 2000
Zakat
: RM 55
----------------------
PCB
: RM 95
You
would only imposed PCB as many as RM 40.00 (RM 95 - RM 55)
Example 2 :
Month
of Feb 2000
Zakat
: RM 55
----------------------
PCB
: RM 50
You not imposed PCB because your zakat exceed the total PCB
.
**Employer has to halt
or reduce PCB payment that made by employee base on amount of zakat
that has been paid.
TAX ADAPTION
All Right Reserve To
Pusat Zakat Melaka - 2008©
