Sports Development Act 1997 Tax Relief

A 170 1998 sports development modification 01 04 1998 order 1998 p u.

Sports development act 1997 tax relief. Part 15 01 36 tax relief on retirement for certain income of certain sportspersons s480a tca 1997 this manual is currently unavailable as it is being updated. Purchase of breastfeeding equipment. The following sections will explain what an approved sports body and an approved project are.

Can be considered as sports equipment. From the year 2008 individual taxpayers are allowed to claim tax deduction of up to rm300 a year on purchase of equipments for sports as defined by the sports development act 1997. You may be able to claim tax relief on donations made to your sports body if you are.

Iii purchase of sports equipment for any sports activity as defined under the sports development act 1997 excluding motorized two wheel bicycles and gym memberships for self spouse or child. An approved sports body. The term equipment is not defined and is thus open to discussion.

Tax relief rebate eduction income credit end year of assessment 2015 malaysia www hasil gov my lembaga hasil dai. Taxpayer relief act of 1997. Act shall be treated as a change in a rate of tax for purposes.

You have an approved project with the department of transport tourism and sport dttas. You should continue to claim the personal reliefs if you have met the qualifying conditions. A 177 2000 sports development amendment 21 04 2000 order 2000 p u.

However please evaluate whether you would benefit from the tax relief and make an informed decision. 2 500 limited 9. 5 1997 111 stat.