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 Income Tax Issues v2

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clivengu
post May 1 2012, 05:53 PM

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May I know how can I set so I can pay my tax monthly...and until June 2013, i'll submit my form and get back what is left, or pay the extra.

Currently I am on sole Prop.. and to pay a full year tax one shot... is too much and impossible...

I've seen most people have their tax paid every month. And until a year later, they able to claim back some money. I will like to do that... so it will not be such a burden. May I know where can I start doing that?
clivengu
post Dec 28 2012, 06:42 PM

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Like to check... is there any installment plan for paying the Tax?

Example if I submit my 2012 borang B, and my Tax Payable is rm 10,000. Can I request to pay by installment throughout 2013? Or it is a must to pay in one shot cash?


clivengu
post Dec 29 2012, 11:29 AM

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QUOTE(ronnie @ Dec 29 2012, 02:17 AM)
There is... you need to check with the IRB officer how to settle "under installment"
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Ic. OK that's good. But is it case to case basis? or confirm they will allow?
clivengu
post Dec 30 2012, 12:55 AM

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QUOTE(ronnie @ Dec 29 2012, 01:40 PM)
For sure it's allowed..... IRB wants to collect more $$$
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Last important question....

If I am to submit my 2012 income tax in Jan 2013 and want to pay the tax by installment....Will I have the sufficient documents to use the tax form & receipt to apply for bank loan. That is the reason I want to submit early of next year, (instead of June for sole proprietor), so I have a better chance to have my loan approved by bank.

But after think about it... if i pay by installment... since the amount is not fully paid yet...afraid the bank will not accept that... cry.gif If I pay the income tax by cash, I will not have money to pay downpayment for my house.. dilemma ~~
clivengu
post Jun 27 2013, 12:24 PM

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Any idea if LHDN office open this saturday /sunday 30th June?? Or submission should be on the friday instead?

None of their number I called works... No HUMAN pick up my call....

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