Friday, March 02, 2012

tax deduction / tax rebate for breastfeeding supplies?

Around this time of the year, the mention of income tax / e-filing / LHDN (Lembaga Hasil Dalam Negeri) will slowly start surfacing.
As usual, the deadline for employees are 30 April and for business owner/self employed 30 June.


This year beside personally optimising the tax rebate and tax deductible available, i think it's about time for our country to introduce tax deduction / tax rebate for breastfeeding supplies (particular big items like breastpump and milk storage bottles/bags).


In US, this decision was made in 2010 under the pressure from American Academy of Pediatrics and other breastfeeding advocates to define breast pumps and other breastfeeding supplies as medical devices.
source : http://www.whattoexpect.com/first-year/ask-heidi/tax-deduction-for-breastfeeding-supplies.aspx


I think it's a win-win situation.
The reason:Breastfeeding provides reams of health benefits for baby (fewer infections, reduced risk of asthma and obesity, to name a few) and mom (lower cancer and type 2 diabetes risks) which translate to lower medical expenses. 


However judging from the current 'LYNAS' issue ... i don't think they give a heck to what we say.  It's always only about them, them, them & them. *roll eyes*    



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