26 Ways to Slash Taxes (Income Tax)

Contents in the material.

1. Save for your Children’s Education
2. File Separate tax returns
3. Ask your employer to increase your EPF contributions
4. Change your cash remuneration to cash reimbursement



5. Ask for a company car
6. Make charitable contributions
7. Take Up postgraduate studies
8. Read , Read , Read
9. Get Sporty
10. Buy Life Insurance
11. Take out a Medical or Education policy
12. Pay your parents’ medical bills
13. Medical
14. Pay Zakat
15. Buy a Computer
16. Hire a Tax Consultant
17. Buy property valued below or at RM250000
18. Buy Similar property
19. Buy shares
20. Invest in REITs
21. Maintain books and records from Day 1
22. Time the purchase and use of your fixed assets
23. Buys a company car
24. Hire your spouse or family member
25. Implement a process to ‘chase after’ unpaid debts
26. Dedicate a space in your home office

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