Hey guys,
Need advice regarding my situation.
I registered the company on Feb 2013, company starts to have income on July.
1) Let's say,
Sales : Up to 35k
Expense(not including salary) : 16k
Now the problem is, I have been giving myself salary RM5k a month, and all my company expense I use the CASH/CC from my salary, I do keep the receipt but never claim back from my company.
So my company current account the only cheque i issue is for my monthly salary.
How ah?
2) So the above I submit Form B, how bout my monthly "salary" to myself, still need to pay tax for personal income ah?
Tqtq
Tax deductions for Sole Proprietor
Mar 17 2014, 08:55 PM
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