Education Fees Exemption

With effective from the year of assessment 2006, resident individuals will be entitled to a deduction of up to RM5,000 per annum on fees paid for tertiary level education in the field of law or accounting and also for acquiring technical, vocational, industrial and scientific or technological skills or qualifications in any institution or professional body recognized by the Government.

For this purpose, the following professional bodies have been identified by the Inland Revenue Board (IRB) as having received the recognition of the Government:

1. Malaysia Institute of Accounts (MIA)
2. The Malaysian Institute of Certified Public Accountants (MICPA)
3. The Institution of Engineers Malaysia
4. Board of Engineers Malaysia (BEM)
5. Board of Architects Malaysia
6. Malaysia Institute of Architects
7. Board of Quantity Surveyors of Malaysia
8. Land Surveyors Board Malaysia
9. Board of Valuers, Appraisers and Estate Agents Malaysia
10. The Institution of Surveyors Malaysia

With regard to the institutions recognized by the Government, the list is available on the Public Services Department’s website: wwww.jpa.gov.my