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 Tax deductions for Sole Proprietor

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sebrina
post Jul 10 2014, 11:55 PM

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Joined: Dec 2007
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..

 

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