Tax deduction incentives will be given to those who donate cash or items that will be used to contain the spread of COVID-19 and to help the people affected by the outbreak, said Inland Revenue Board (IRB).
The IRB in a statement today said the incentives provided under the Income Tax Act 1967, were for the Ministry of Health's COVID-19 Fund involving donations of cash and items.
The incentives are also for cash donations to the COVID-19 Fund under the National Disaster Management, Prime Minister's Department and contributions to any organisation approved under subsection 44 (6) of the act, it said.
For donations in the form of equipment or items to contain the spread of COVID-19 outbreak, it said, donors would need to obtain a receipt with an official stamp from the recipient according to the format to be issued by the Ministry of Finance (MOF).
"Taxpayers are advised to keep the transaction record as well as receipt or document so that it can be used as reference when filing the Income Tax Return Form (BNCP) and for review by the IRB," said the statement.
The IRB said that for cash donation transactions to the COVID-19 Fund by the MOH and National Disaster Management, the accepted documents were official government receipts (Kew.38); cash transfer slip via ATM; cheque deposit machine slip; deposit slip through bank counter; online payment slip; and transfer slip via Interbank Giro (IBG Transfer).
Also accepted are Real Time Electronic Transfer Funds and Securities System (RENTAS) receipt and telegraphic (TT) receipt with advice of credit.
For donations of equipment or items to the MOH's COVID-19 Fund, the IRB said the accepted documents were original approval letter by the MOF; official receipt or letter of acceptance from the recipient body; and letter of acknowledgement of service value or project cost value from the relevant government agencies.
For cash donations to institutions or organisations approved under subsection 44 (6), the required documents are official receipts of institutions or organisations that have been recognised by the IRB.
The public is also urged to check the background of organisations before making any donation to avoid being scammed, it added. -- BERNAMA
Bernama
Thu Mar 26 2020
The incentives provided under the Income Tax Act 1967, were for the Ministry of Health's COVID-19 Fund involving donations of cash and items.
Anggota polis didakwa minta, terima rasuah direman empat hari
Tiga anggota polis direman selama empat hari bagi membantu siasatan berhubung dakwaan meminta dan menerima rasuah berjumlah RM7,800.
Persembahan bertenaga Dolla pukau penonton di China
Aksi bertenaga mereka mendapat sambutan hangat daripada penonton di negara itu, menandakan langkah berani Dolla keluar dari zon selesa di negara ini mula menampakkan hasil.
AWANI Ringkas: Agihan RM0.67 bilion
Ikuti rangkuman berita utama yang menjadi tumpuan sepanjang hari di Astro AWANI menerusi AWANI Ringkas.
Bedah siasat: PSM libatkan jururunding, kontraktor padang SNBJ
Perbadanan Stadium Malaysia akan mengadakan mesyuarat 'post mortem' bersama juruperunding dan kontraktor padang Stadium Nasional Bukit Jalil (SNBJ) minggu hadapan.
Pelapor Khas PBB kumpul bukti genosid Israel diugut
Pelapor Khas PBB mendedahkan beliau menerima ugutan ketika cuba mengumpulkan bukti genosid dilakukan Israel di Genting Gaza.
Pantau Agenda Reformasi: Israel terus berdegil, apa peranan global?
Perbincangan memfokus kepada strategi global dalam mendepani kedegilan rejim Zionism yang terus menerus melancarkan serangan ke arah Palestin walaupun Majlis Keselamatan PBB (UNSC) tela menuntut gencatan senjata segera di Gaza, pada Isnin.
Keliling kampung, ketuk buluh kejut penduduk bersahur
Pasukan gerak sahur di Teluk Bahang di sini masih mengejutkan penduduk di kawasan itu untuk bangun bersahur walaupun sudah dua minggu umat Islam berpuasa.
PADU: Kerajaan perlu lebih fokus mengenai cara untuk mempertingkatkan keyakinan - Pakar
Kerajaan perlu lebih fokus mengenai cara untuk mempertingkatkan keyakinan pengguna untuk memastikan pendaftaran sistem PADU berjaya.
7,348 kes jenayah komersial direkod hingga Mac, kerugian lebih RM770 juta
Belum sampai tiga bulan, polis sudah merekodkan 7,348 kes jenayah komersial melibatkan kerugian lebih RM770 juta.
Pihak berkuasa pelabuhan Singapura siasat insiden jambatan di Baltimore runtuh
Penguasa Maritim dan Pelabuhan Singapura akan menjalankan siasatan susulan insiden Jambatan Francis Scott Key di Baltimore, Maryland runtuh.
COVID-19: Tiga kes kematian dicatat, ini lima tumpuan kenyataan media KKM
Terdapat 108 kes positif COVID-19 yang sedang dirawat di Unit Rawatan Rapi (ICU), di mana 47 kes memerlukan bantuan pernafasan.
Sultan Perak, Sultan Selangor, Sultan Johor antara yang hadir ke Istana Negara
Pertemuan itu dijangka bagi membincangkan beberapa cadangan yang dipersembahkan oleh kerajaan terutamanya mengenai penularan COVID-19.
Pusat Jagaan Darul Hanan ambil langkah pengasingan penghuni, pekerja
Difahamkan seorang wanita warga emas yang baru masuk ke situ minggu lepas disahkan COVID-19 kelmarin.
COVID-19: Tiga lagi sekolah di Perak diarah tutup
Sebanyak tiga sekolah di Perak diarah tutup selama tujuh hari mulai hari ini selepas terdapat jangkitan wabak COVID-19 dalam kalangan pelajar di sekolah berkenaan.
Kluster Penjara Jawi: Seorang lagi pegawai penjara positif COVID-19
Pegawai wadar itu bertugas di blok baharu yang menjaga sekumpulan banduan yang dijangkiti COVID-19 sebelum ini.
SMK Lubuk China dan SK Telok Berembang di Melaka diarah tutup
Dua buah sekolah di Masjid Tanah, Melaka diarah tutup selepas seorang pelajar dari kedua-dua sekolah berkenaan disahkan positif COVID-19.
Cawangan utama BSN Kota Kinabalu ditutup, kakitangan positif COVID-19
Cawangan BSN ditutup bermula hari ini bagi melaksanakan kerja-kerja pembersihan menyeluruh.
Jepun tarik balik larangan perjalanan ke Malaysia, 11 negara lain
Sebelas negara lain termasuk China, Taiwan, Australia, New Zealand, Singapura dan Korea Selatan.
Maaflah jika Abah ini mula menggunakan rotan! - Muhyiddin
Katanya, selepas ini hukuman kompaun akan dikenakan tanpa mengira pangkat dan darjat terhadap mereka yang melanggar prosedur operasi standard (SOP) berkaitan COVID-19.
COVID-19: 691 kes baharu dilaporkan, majoriti di Penjara Alor Setar
Jumlah kes baharu positif COVID-19 yang dilaporkan hari ini ialah sebanyak 691.