TVC Tax Deduction Calculator
The tax deductions, allowable under salaries tax or personal assessment, is subject to a cap of $60,000 per year. Depending on your TVC amount, based on the prevailing highest tax rate (i.e. 17%), the maximum tax savings can reach $10,200.
Saving in Tax
Please note that this TVC Tax Deduction Calculator is for reference only, it does not reflect your actual personal tax payable, net chargeable income and tax deductible amount.