Is EPF Tax Deductible for first 6 months

barrycaffrey Active member

Member since 13 September 2012

barrycaffreyActive member26 April 2013 03:50:05

Hi All,

I moved to Malaysia to work in September 2012.

I was wondering if my EPF monthly contributions are tax deductible for 2012. I believe I have to complete an e-M form online, but there is no mention under deductions for Pension contributions.

I have queried this with the Tax Dept online, but am awaiting a response. I am running out of time to meet the 30 April 2013 filing deadline and am too tight to consult a Tax Agent, having been quoted a fee of RM 1,000.

Cheers.

johan yee Active member

Member since 30 May 2012

johan yeeActive member26 April 2013 04:02:45

does foreigner need to contribute to EPF?

joyce.ipoh Active member

Member since 17 March 2013

joyce.ipohActive member26 April 2013 06:36:20

Hi barrycaffrey,

I am also surprised to learn that foreigners are also contributing to EPF. I will suggest you call and speak with the Income Tax Officer directly for a clear guidance. Their toll free no is: 1 800 88 5436.

Nemodot ViP

Member since 03 April 2011

NemodotViP26 April 2013 06:47:37

2127

Hi you don't have to. If you volunteer to do so employer contributions are set at min 5 rm per month. a few add a lot more as a bonus.

For most expats not worth it

carlyle1979 Serial expat

Member since 30 January 2013

carlyle1979Serial expat26 April 2013 07:03:53

440

I am a foreigner and 11% of my salary goes into epf and the company adds 12%. the diff is that it is compulsory for locals but optional for foreigners. but I only get it when I leave Malaysia. that amount is also not tax deductible. I actually think that makes sense to be a part of this scheme. you have savings :-)

carlyle1979 Serial expat

Member since 30 January 2013

carlyle1979Serial expat26 April 2013 07:07:19

440

Barry, there's an online form u need to fill up and its quite simple. its a bit cumbersome the first time but try to get your hr to help you. 1000 bucks for something so simple. jeez.