Mar 7 2015, 11:43 PM
QUOTE(sebrina @ Jul 10 2014, 11:55 PM)
I have a situation here. Hopefully some experts could help..
Ive started a partnership business in 2013 and I am also getting salary of 6k from this company as I work full time here. I'm trying to minimize payable tax(I guess everyone here is right??). FYI, my company isn't profitable yet. Question:
(1) Should I submit April or june tax form?
(2) I need to apply housing loan. Should I buy it using my salary or should I buy it under my company?
(3) Can I not pay tax for my 6k salary because my company is still not profitable yet?
Thanks in advance! Anyone with the same situation, pls advise me..
Since you have a business income, you should submit form b at JuneIve started a partnership business in 2013 and I am also getting salary of 6k from this company as I work full time here. I'm trying to minimize payable tax(I guess everyone here is right??). FYI, my company isn't profitable yet. Question:
(1) Should I submit April or june tax form?
(2) I need to apply housing loan. Should I buy it using my salary or should I buy it under my company?
(3) Can I not pay tax for my 6k salary because my company is still not profitable yet?
Thanks in advance! Anyone with the same situation, pls advise me..
Do your company have "nice" record? Profit, cash flow?
If you declare your business income, after deducting all your expenses and reliefs, and still have income, hen will subject to tax
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