TAX QUESTIONS? YOU ASK LAH!

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Q: If I have made annual payment for my gym membership and the period is from 1 November 2021 to 31 October 2022, can I claim lifestyle relief for Year of Assessment (YA) 2021? Do I need to prorate the annual subscription fee?

A: Yes, you can claim the gym membership fee under lifestyle relief for YA 2021. You do not need to prorate the amount paid.