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 Income Tax Issues v2

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GloryKnight
post Feb 13 2012, 10:56 AM

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Hi all, I just started work last year and my job tenure hasn't reached 1 year yet. Do I still need to report for income tax as well? My annual income is not more than the stipulated taxable annual income.

Anyone mind telling me the procedures here? Thanks!
GloryKnight
post Feb 13 2012, 11:50 AM

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QUOTE(ronnie @ Feb 13 2012, 11:30 AM)
Do you have PCB deduction listed in your salary slip.
IF none, then you do not need to open Income Tax file just yet
*
nope. I got nothing deducted yet for income tax. meaning to say I dont have to file income tax now? altho im earning salary already?

thx!

-GK-

GloryKnight
post Feb 13 2012, 03:33 PM

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QUOTE(rayng18 @ Feb 13 2012, 03:24 PM)
Just find out from your HR to see if they have open an income tax file for you. If not you have to ask them to do so or u just to to IRB to get it done.
Altho u have not work for complete yr you still need to declare your income for YA2011(jan11 to dec11)
*
oh ok. thx!! but shyt...now is already feb, will i get penalty if i declare now? altho my income is not taxable yet.
GloryKnight
post Feb 13 2012, 03:44 PM

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kk thx all for the comments. appreaciate it!

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