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A practising professional is allowed a tax deduction for PII premium if the professional carries on a business related to his profession.


Example 4
Dr. Steven, a partner in a business of dental practice, operates from a clinic together with his partners. He is registered with the Malaysian Dental Council (MDC) and holds an Annual Practising Certificate.

In the year 2017, he purchased a PII policy to cover himself in the event of lawsuits arising from the carrying on of his profession as a dentist.


The premium paid for PII qualifies as a deduction against his gross income from the partnership business since Dr. Steven carries on the business of his profession.

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Full Income Tax (LHDN) Document About Professional Indemnity , Click Here


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