| 1 |
When is the start date and end date of construction |
The last word
Consecration is schedule in Jan 2025 |
| 2 |
How does the tax deductions work? |
With effect from year of assessment 2022, individuals and companies are allowed a deduction on the approved donation up to 101% of the aggregate income for the year of assessment. |
| 3 |
What is the total budget required? |
It is estimated to cost RM 3.5 million. |
| 4 |
Who is managing the project? |
Thirumurugan Temple Management Labuan T. |
| 5 |
How are the funds managed? |
The funds in the bank account is managed by authorized signatories and will be made clear to all committee |
| 6 |
What is the current status of the temple? |
75% completed as at June 2024 |
| 7 |
How much have we obtained thus far? |
RM 2.3m as at June 2024 |
| 8 |
Can it be a consecutive donation or progressive? |
The donation can be made both consecutive and Progressive |
| 9 |
I donated for the temple building before, am I still eligible for tax exemption? |
Yes you are eligible as long as the donation made between 1st December 2021 till 30th November 2024 |
| 10 |
Payment Mode/Donation Mode? |
Cash, cheque or online bank transfer |
| 11 |
Payment receipts and legitimacy of donation |
Payment receipt will be provided by the management as proof of donation. |
| 12 |
Who can I approach for clarifications regarding donation matters? |
You can make reference to LHDN for all taxation matters, Temple Committee for details of the project and Perbadanan Labuan for the authenticity of the project_ |
| 13 |
Is there a minimum amount to donate in order to be eligible for tax exemption? |
No minimum amount. |
| 14 |
How long will it take for me to receive my tax exemption? |
It will be considered for the year of annual tax declaration. |
| 15 |
Information needed for tax exemption for both corporate and individual |
Name of individual or company and NRIC number of individual or Company registration number |