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Q: Can I claim yoga class fee under the lifestyle tax relief?
A: Starting from the year of assessment 2024, the cost of yoga class is eligible to be claimed under the lifestyle tax relief up to RM1,000. Please note that the yoga class attended must be provided by a sports club or societies registered with the Commissioner of Sports or companies incorporated under the Companies Act 2016.
Wishing you plentiful tax savings!
Zen Chow
YYC Tax Guru