The recent revelation of Budget 2008 states that we are now able to claim RM300 under our individual tax relief for sports and exercise equipment, all in the name of promoting a healthy lifestyle. This is good news, right? 🙂
So now I wonder if this RM300 covers:
- Gym membership fees – I know RM300 is not enough for a whole year, but it could help a tad.
- Branded sportswear – When I exercise I like to look good. When I look good, it gives me motivation to exercise. I can’t look good in baggy t-shirts and frumpy shorts. So I hope the allocation is for sportswear too.
- Shoes – likewise, if the RM300 covers shoes, I am going out to get myself a new pair pronto! Oh, I know I already have a couple of shoes, but one more could never hurt, right? Might as well throw in some socks too, for good measure.
- Treadmills, stairmasters and the like. Although I think RM300 annually will barely get me a few dumbbells and a yoga mat only.
Nevertheless, I welcome this RM300 tax relief with open arms. I’m hoping this amount will be revised (and increased) in years to come, just like the book relief.
Any couch potatoes out there willing to *grant* me their RM300 for next year? … worth a shot, anyway. 🙂



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