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if no declare income tax, what happen?
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hey_there
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Dec 31 2011, 02:54 PM
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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?
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hey_there
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Dec 31 2011, 02:59 PM
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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 .. 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.
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hey_there
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Dec 31 2011, 03:23 PM
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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.
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