2. Updated Tax Exempted allowance – Childcare allowance increased from RM 2,400 to RM 3,000.
3. Updated TP1 and TP3 form for 2024 version. Changes includes:
i. Optional Deduction - Expansion of Tax Relief on Medical Treatment, Special Needs and Carer Expenses - expanded to include all types of examination and treatment expenses for dentistry and expanded to include full medical examination for parents limited to up to RM1,000.
ii. Optional Deduction - Extension of Education Fees (self) for Up-Skilling and Self-Enhancement Course fee extended for three (3) years from assessment year 2024 to assessment year 2026.
iii. Optional Deduction - Expansion of Tax Relief on Medical Expenses for inspection and dental treatment - expanded to include inspection and dental treatment expenses that are limited to an amount of RM1,000.
iv. Optional Deduction - Expansion of Tax Relief on Lifestyle for self-enrichment course fee. Amount of deduction allowed deduction allowed is limited to RM2,500.
v. Optional Deduction - Increase tax relief lifestyle for the purchase of sports equipment, rental/entry fees for sports from RM 500 to RM 1,000.
vi. Optional Deduction - Extension of tax relief for electric vehicle (EV) charging facility payment expenses extended for three (4) years from assessment year 2024 to assessment year 2027.
Bug
1. Fixed when employee is missing after superior update to 'Inactive' status at organization chart.
Release Note CP 1.0.49
Enhancement
1. Added New Tax Status – Position C Suites
2. Updated Tax Exempted allowance – Childcare allowance increased from RM 2,400 to RM 3,000.
3. Updated TP1 and TP3 form for 2024 version. Changes includes:
i. Optional Deduction - Expansion of Tax Relief on Medical Treatment, Special Needs and Carer Expenses - expanded to include all types of examination and treatment expenses for dentistry and expanded to include full medical examination for parents limited to up to RM1,000.
ii. Optional Deduction - Extension of Education Fees (self) for Up-Skilling and Self-Enhancement Course fee extended for three (3) years from assessment year 2024 to assessment year 2026.
iii. Optional Deduction - Expansion of Tax Relief on Medical Expenses for inspection and dental treatment - expanded to include inspection and dental treatment expenses that are limited to an amount of RM1,000.
iv. Optional Deduction - Expansion of Tax Relief on Lifestyle for self-enrichment course fee. Amount of deduction allowed deduction allowed is limited to RM2,500.
v. Optional Deduction - Increase tax relief lifestyle for the purchase of sports equipment, rental/entry fees for sports from RM 500 to RM 1,000.
vi. Optional Deduction - Extension of tax relief for electric vehicle (EV) charging facility payment expenses extended for three (4) years from assessment year 2024 to assessment year 2027.
Bug
1. Fixed when employee is missing after superior update to 'Inactive' status at organization chart.
2. Fixed excel import- employee batch edit issued.
3. Fixed details for clock in/out time didn’t show when clock using TA Device at attendance report.
0 Votes