Do I need to pay income tax? What income is taxable? What tax reliefs should I be paying attention to? What is a tax deduction? Do I need to pay taxes from selling sneakers?

As 2020 comes to a close, Roshan Kanesan gets into all these questions and more with tax consultant Thanneermalai.

With less than 30 days to maximise your tax reliefs, this little refresher hopes to help clarify the tax reliefs to watch, as well as some tax basics and best practices when filing.

Image Credit: Doucefleur / Shutterstock.com

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan

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Categories:  Education,  SME,  Personal Finance,  Investments,  Financial Literacy,  Young Finance

Tags:  income tax,  tax reliefs,  tax basics,  ringgit and sense basics,  ringgit and sense 101,  taxable income,