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Income Tax Issues v2
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GloryKnight
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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!
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GloryKnight
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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-
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GloryKnight
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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.
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GloryKnight
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Feb 13 2012, 03:44 PM
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kk thx all for the comments. appreaciate it!
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