i want to ask.if i have company but and i can make this company profitable...and from this profit i want make another new company but this new company i want declare tax.can or not?

both of company Solepropietor(Enterprise)

you pay tax twice. what (registered) company doesnt pay taxes?

I suggest u to declare la. easier to get loan to buy house or car. I'm doing freelance too. I declare everything and even keep all receipts. I plan to buy a house and I need documentations to take loan.

Basically rule of thumb with lhdn is, ignorance , I don't know,I wasn't aware, are all not valid in anyway possible

Yea that's what accountants and tax consultants are for. If everyone can get away with I don't know, not aware of it, accountants and tax consultants will be jobless.

Easy in Malaysia, all your food, entertainment, cars, petrol, monthly bills claim own company. Make own company pay your self RM2k+
At the end, not much income tax to pay..

inb4 someone realises those must be declared too

audit everything, they give their estimate of what your actual revenue is then tax at maximum rate. i forgot berapa, maybe 30% or 40%.

but as always, you can pay less as long as you grease someone's palms a little bit.

this is a punishable crime , i.e teaching people how to pay less tax. if i report to lhdn , i can be femes.

Put it in another way, to educate ppl to calculate taxes more efficiently...

Of course. My posting are worth gold.

this is the hallmark of a newbie


if you have a sdn bhd / bhd company, then the company will have to pay the tax

if you have "enteprise" aka syarikat aka small business (sole propreitore), the earning will be your income, and you have to declare, even if you pay ourself only rm1/year

very noob la you...

and not ALL food, entertainments, cars, petrol aor any monthly bills can be claimed as expenses - i can go on and on and on, but this doesn't fir the thread's purpose

i start declare in 2011 even though i've been working for 17 years ... no penalty ... rcv my refund with no question asked

just wait...

i've started declaring since 2007, and only in 2010 they sent me letter saying i didn't declare 2005 & 2006

huhuhu...

and here i thought i could escape LHDN

huh if the child's father didnt pay taxes then has to pay for the father ?
is that true?

Your friend need to declare or he accumulates penalty which will burden to pay later.

Do you think LHDN is stupid enough let your friend slip easily, they could deduct from EPF excluded penalty.

i was like your friend last time .. at one time .. they just asked my hr to deduct assiditionak almost rm800 per month for one year for the penalty .. since then .. i never skip doing e-filling ...


at the end .. if u manage to run .. by the end u retire, they still take it from epf ..

Sorry for bumping old thread. My dad dunno need to declare his income tax 23 years ago when he own a shop, but went bankrupt after 3 years (year 1990). And lately we receive a letter need to pay 1k++ for this. Ya, after 20 years ++ gov only tell u to pay. My dad already pass 55yo and already took out his epf. Should he pay? What will happen he didn't?

2012 and 2013 got late declare ah..

potong every month tu just like icing ontop of the cake for them...they wanted more ...so they need to take a deep bite out of you