Welcome Guest ( Log In | Register )

6 Pages < 1 2 3 4 5 > » Bottom

Outline · [ Standard ] · Linear+

> if no declare income tax, what happen?

views
     
Deimos Tel`Arin
post Dec 31 2011, 11:03 AM

The LYN Kondom Man
*******
Senior Member
4,202 posts

Joined: Jan 2003
From: THE ONE AND ONLY CHOO CHOO TRAIN KINGDOM




QUOTE(aMer @ Dec 31 2011, 11:02 AM)
Eh how did online earner like you kantoi when them, mang? I always thought you could keep all your pile of moneh online without them even knowing it
*
some 2" must have reported me.
cliffang83
post Dec 31 2011, 11:05 AM

Enthusiast
*****
Senior Member
801 posts

Joined: Jan 2003
From: Kingdom


Just wait for the income tax people to come lo.
Currylaksa
post Dec 31 2011, 11:07 AM

Regular
******
Senior Member
1,616 posts

Joined: Aug 2010


Some dude threatened our family's small business to call his contacts in LHDN if we don't pay him.

We didn't do anything wrong so ignore him, he tipped off LHDN to come and give us problem.

UMNO really really sucks.
payatz
post Dec 31 2011, 11:22 AM

New Member
*
Junior Member
6 posts

Joined: Sep 2005


I received a letter from LHDN this week because i didn't declare my income for 2008. Now i am supposed to pay penalty of 20% of my income tax. That's freaking huge!

I did some research and found that only in June 2011 did LHDN announced they will increase this penalty to 20-30%. Before this, first time offenders had to pay just around $100. Shouldn't LHDN only use this new penalty rate for next year's declaration?

I feel there is some sort of entrapment going on. Lets say LHDN detected that i was an offender in January 2011; rather thay notifying me straight away, they chose to wait until June when the penalty rates has been increased. I guess BN needs money for the next general election

This post has been edited by payatz: Dec 31 2011, 11:30 AM
wKkaY
post Dec 31 2011, 11:25 AM

misutā supākoru
Group Icon
VIP
6,008 posts

Joined: Jan 2003
QUOTE(DX007 @ Dec 31 2011, 09:33 AM)
hi newbies here...been working part timely for more than a year....salary less than RM2.5k no need declare income tax right?  thanks first
*
If your annual income (not monthly income) is less than 2500, you are not liable for tax. But that's irrelevant, if you make any income you must file a tax return.
empyreal
post Dec 31 2011, 11:38 AM

Look at all my stars!!
Group Icon
Elite
2,036 posts

Joined: Feb 2007
From: KL


ive always thought that the penalty is 3X what's outstanding. so if you're earning 10k a month and havent declared anything for the past ten years, once the auditors come in you better have a lot of savings.

workers generally have rebates from the pcb. if you dont declare, generally, its your loss.
Deimos Tel`Arin
post Dec 31 2011, 11:44 AM

The LYN Kondom Man
*******
Senior Member
4,202 posts

Joined: Jan 2003
From: THE ONE AND ONLY CHOO CHOO TRAIN KINGDOM




QUOTE(Currylaksa @ Dec 31 2011, 11:07 AM)
Some dude threatened our family's small business to call his contacts in LHDN if we don't pay him.

We didn't do anything wrong so ignore him, he tipped off LHDN to come and give us problem.

UMNO really really sucks.
*
that really sucks.

what small biz u guise running btw.
Darkmage12
post Dec 31 2011, 11:45 AM

shhhhhhhhh come i tell you something hehe
********
All Stars
17,053 posts

Joined: Jan 2003

QUOTE(Currylaksa @ Dec 31 2011, 11:07 AM)
Some dude threatened our family's small business to call his contacts in LHDN if we don't pay him.

We didn't do anything wrong so ignore him, he tipped off LHDN to come and give us problem.

UMNO really really sucks.
*
Why that dude threatened ur family business?
empyreal
post Dec 31 2011, 11:47 AM

Look at all my stars!!
Group Icon
Elite
2,036 posts

Joined: Feb 2007
From: KL


QUOTE(Currylaksa @ Dec 31 2011, 11:07 AM)
Some dude threatened our family's small business to call his contacts in LHDN if we don't pay him.

We didn't do anything wrong so ignore him, he tipped off LHDN to come and give us problem.

UMNO really really sucks.
*
was your business all legit tax-wise?
SUSmy_username
post Dec 31 2011, 01:05 PM

Getting Started
**
Junior Member
77 posts

Joined: Jun 2011


i made a stupid mistake with my last year submission, i accidentally used my 2009 EA form instead of 2010.

i kena call from them and they fine me ard rm700, now in the process of appealing the fine and hopefully by next week can kautim.

don't play around with lhdn, if they want they can make ur live a living nightmare!
azbro
post Dec 31 2011, 02:27 PM

Look at all my stars!!
*******
Senior Member
4,403 posts

Joined: Jan 2007
From: Johor Bahru


QUOTE(cranx @ Dec 31 2011, 08:52 AM)
my colleague 31yo earning around RM8.5k he said never declare cause monthly payslip company already deduct.
so income tax people will not come looking for him. is this true?
*
I really dun understand how can a person earn RM8.5k dunno anything about taxes.
ubsacc2004
post Dec 31 2011, 02:29 PM

No life without MUsic
******
Senior Member
1,860 posts

Joined: Sep 2006
From: KL


QUOTE(azbro @ Dec 31 2011, 02:27 PM)
I really dun understand how can a person earn RM8.5k dunno anything about taxes.
*
yes company will deduct but we still need open file and declared.

azbro
post Dec 31 2011, 02:38 PM

Look at all my stars!!
*******
Senior Member
4,403 posts

Joined: Jan 2007
From: Johor Bahru


QUOTE(ubsacc2004 @ Dec 31 2011, 02:29 PM)
yes company will deduct but we still need open file and declared.
*
Yea, I mean a person can be earning 8.5k also dunno that huh?
SUSautoman5891
post Dec 31 2011, 02:40 PM

New Member
*
Junior Member
16 posts

Joined: Sep 2009


saman go to jail. true story.
SUSmy_username
post Dec 31 2011, 02:43 PM

Getting Started
**
Junior Member
77 posts

Joined: Jun 2011


QUOTE(automan5891 @ Dec 31 2011, 02:40 PM)
saman go to jail. true story.
*
will this quote enter news as well ?
chezzball
post Dec 31 2011, 02:47 PM

Cheese
******
Senior Member
1,542 posts

Joined: Jul 2005
From: cheeseland


i wonder, if do business like freelance if no pay tax ok ah ? since gomen cannot check... unless they check ur bank acct every mth got money come in la.. but either than that no records of ur salary coz its freelance monthly agent pay into ur bank... nobody declare anything ..
rcracer
post Dec 31 2011, 02:48 PM

?????
*******
Senior Member
3,772 posts

Joined: Jan 2003

I hope he is prepared for fines in the tens of thousands. Lhdn is very efficient now in sending out queries.

Oh and by the way lhdn can screw you over 7 years later it's the law. You need to keep records for that long and if you fail to show you're in trouble
K.I.T.T
post Dec 31 2011, 02:50 PM

On my way
****
Junior Member
672 posts

Joined: Sep 2008
QUOTE(chezzball @ Dec 31 2011, 02:47 PM)
i wonder, if do business like freelance if no pay tax ok ah ? since gomen cannot check... unless they check ur bank acct every mth got money come in la.. but either than that no records of ur salary coz its freelance monthly agent pay into ur bank... nobody declare anything ..
*
just dont buy expensive things like car more than RM 28k with CASH..and dont suddenly put huge amount in u account or otherwise u account will be freeze by bank negara.
K.I.T.T
post Dec 31 2011, 02:52 PM

On my way
****
Junior Member
672 posts

Joined: Sep 2008
QUOTE(cranx @ Dec 31 2011, 08:52 AM)
my colleague 31yo earning around RM8.5k he said never declare cause monthly payslip company already deduct.
so income tax people will not come looking for him. is this true?
*
dont buy house or car cash if he/she dont want trouble.

my friend do bussiness.tersilap bukak resit.short RM 0.10 sen.LHDN tahan dia untuk seminggu.denda berapa puluh ribu ntah.

This post has been edited by K.I.T.T: Dec 31 2011, 02:54 PM
hey_there
post Dec 31 2011, 02:54 PM

Regular
******
Senior Member
1,600 posts

Joined: Aug 2011
True story, my friend declare tax for the 1st time. And kena fine tax from lhdn. Coz his father didn't pay tax and his father passes away or smth. Dun really know the actual story. I only know that he has to settle his dad's tax debt from selling a house or land.

And I heard that lhdn can charge ur next of kin. Is that true?

6 Pages < 1 2 3 4 5 > » 
Bump Topic Add ReplyOptions New Topic
 

Change to:
| Lo-Fi Version
0.0210sec    0.52    5 queries    GZIP Disabled
Time is now: 8th December 2025 - 11:33 PM