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For commission agents: CP58 read for you, travel expenses in the right box
This occupation page is for property agents, insurance & takaful agents, unit-trust consultants and direct sellers. Commission is business income — reported on Form B, with the expenses of earning it deducted. The agency or principal issues a CP58 statement every year; ListBelanja reads it with AI, records the commission & any withholding tax shown, and sorts fuel, tolls, client entertainment and licence fees into Form B categories that carry their own deduction percentage.
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Updated
Checked against official LHDN sources: relief table · rates, deadlines & rules . Checked automatically every day; a change is accepted only after two identical readings. Year of assessment: YA2025.
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Scenario: how it plays out
- Pick the Freelancer & SME persona (or Professional) on the "Who are you?" card and register a commission source — Form B is chosen, CP500 prepared.
- Early in the year: scan the CP58 statement from each principal — gross commission is recorded as money in and any withholding tax deducted is added to that year's tax credit.
- Through the year: snap receipts for fuel, tolls, parking, client meals, gifts, marketing, licence & exam fees, property portal subscriptions; the vehicle business percentage is applied for you, entertainment carries LHDN's deduction percentage.
- Tax season: Form B box by box — commission, expenses, vehicle capital allowance, withholding credit & CP500 paid; export to your accountant.
What can usually be deducted
- Work travel: fuel, tolls, parking, servicing — the business share of your vehicle; the trip from home to the agency office is not a business expense.
- Client entertainment (meals, gifts) — the Form B category in the app carries LHDN's own deduction percentage; staff entertainment is treated differently.
- Licence & renewal fees, exams, association fees, CPD courses the principal requires.
- Marketing: ads, signboards, printing, portal subscriptions; phone & data (business share).
- Withholding tax shown on the CP58 (if any) — not an expense, but a credit that reduces the Form B balance.
Records to keep
- Each principal's CP58 statement every year; monthly commission statements & the bank statement of payouts.
- A receipt for every expense; for entertainment, note who the client was & the purpose (the app keeps a note on the receipt).
- Vehicle documents & the basis of your business percentage; licence & course receipts.
- Keep them 7 years; the source's audit pack is ready if LHDN asks.
The features that matter most to you
- CP58 scan (AI): commission & withholding tax fill themselves in
- Form B categories with their own deduction percentage — entertainment, travel, marketing
- Projects & cost centres: the cost of each property project or campaign
- CP500 scheduled & tax credits tracked
- Export to your accountant & an audit pack
The right plan
Individual for an agent scanning many travel & entertainment receipts; Group for an agent team or a personal assistant who records expenses into your source with the Clerk job title.
Frequently asked questions
The agency already withheld tax from my commission — do I pay again?
The deduction shown on the CP58 is recorded as that year's Form B tax credit; the actual tax is computed after expenses & reliefs, and the credit is subtracted — the balance is paid or refunded. The app puts it in the right Form B box.
Is a client dinner fully deductible?
No — client entertainment is subject to LHDN's deduction percentage; the Entertainment category in the app carries that percentage itself, so the Form B box is always right. Note the client's name & purpose on the receipt.
My commission is irregular — what about CP500?
If LHDN issues a CP500, the instalments fall in March, May, July, September, November and January; the app schedules & marks the paid ones, and you can apply to revise the estimate (CP502) if the year's income differs a lot. Paid instalments are credited on Form B.