Example Tax Calculation (Malaysia 2020)

This template helps you compute your annual Malaysian income tax based on business profit, allowable expenses, donations, and tax relief amounts. It references official LHDN (Inland Revenue Board) guidelines for non-allowable expenses, donation eligibility, available reliefs, and progressive tax rates for 2020.

Ideal for self-employed professionals, business owners, and individuals filing personal tax returns in Malaysia. It removes guesswork by automating calculations and ensuring compliance with current tax rules and deduction limits.