Go ask LHDN for coffee session, they would welcome you...

You pay SG tax for income received in SG.

You pay MY tax for income recieved in MY.

No double tax what, separated already.. think can lari ah?

Are you playing SG tax as a resident or non-resident? If resident in SG, means Malaysia you are non-resident.

This post has been edited by gark: Mar 31 2013, 12:51 PM

Yeah, in the future, more and more UTs won't see tax charge already. Like now I'm reading the annual report of Pacific Global Stars Fund, at tax expense column...ZERO. Cos now more and more Malaysian companies already reverted to single-tier divvy. Foreign dividends not taxable, right?

Foreign dividend not taxable in Malaysia but can be taxable via witholding tax at source.

See now you understand how i have to pay 26% extra tax for UT dividend.

This post has been edited by gark: Mar 31 2013, 12:49 PM

Ok, I just read your previous posts.

Means that for non-MY tax resident like u, ur effective tax rate to UT divvy is 26%, both dividends received and capital gains?
For MY tax residents, capital gains are not taxable, that I know.

Ok la, u go for Alliance Global Equities la, that fund never declares distributions.

You guys talking about this?

Yes. Now more and more going for single-tier already.

Pros - Simplicity
Cons - Ppl on lower tax brackets cannot claim back the tax credit

Good for me...

Last year i have to pay 1% tax on the old style dividend received.. thank god some changed to single tier already.

This post has been edited by gark: Mar 31 2013, 12:57 PM

1% je, pakcik gark jangan berkira sangat la

Itu pak cik tau Malay?

Tau... apa tak tau?.. SPM BM score A1 punya.

maybe u can put epf by ur own...get the dividend

dont have enough modal total UT just belasan ribu
overall equity 2/3, mixed-balance 1/4, rest bond
my 4 best UT fund are cimb australia, cimb small cap, osk kidsave, osk emerging opp



since i monthly put money into UT, can get personal rebate/relieve for amount of money i have put into UT? know dividend gets rebate

Belasan ribu dah cukup la...

small2 kid level only

Mum messaged me say need urgent money for paying lawyer fees. Today prepare money, then she message no need already, deducted from loan lalala.. gonna dump all of it into UTs then.

E.g.

RM1,000 AmBond
RM1,000 Hwang Select Bond
RM1,000 OSK-UOB Emerging Markets Bond

RM1,000 OSK-UOB Emerging Opportunity Unit Trust
RM1,000 Hwang Select Opportunity
RM1,000 CIMB-Principal Asia Pacific Dynamic Income
RM1,000 CIMB-Principal Global Titans

Total: RM7,000

Belasan ribu and u say not enough?

1k per fund ok? thought at least 5k per fund to see the profit

Profitability is only meaningful on a relative basis.

U invest 5K in a fund and made 10% i.e. RM500
U invest 1K in five different funds, some made money, some lose money, total net return is 10% i.e. RM500

Ada beza?

As @pinkspider mentioned, have a mix of fund sometimes is better than 5k in just one fund
Who know that particular give low profit while others are giving comparatively better returns.
And due to limited resources ($$), we just opted for one fund. Opportunity cost...

This post has been edited by wwl86: Apr 1 2013, 11:19 PM

Yes. That's why I always review my investment performance on a portfolio basis, i.e. I won't worry if 1-2 funds are making losses, if the portfolio as a whole is delivering the returns. Who knows when the other funds drop, the 1-2 will be there to stabilise the portfolio returns?

for fsm funds, i started with rm200 each (minimum req)..5 funds..so rm1000...then when fund started make better return, i topup that particular funds...kidsave and emerging opp...kidsave and emerging more than 1k...the rest below 1k

for clicks, started with minimum req 1k each...same case with fsm funds..topup which give better return...australia now 3k, small cap almost 2k...the rest still yet to be topup

currently australia growth 15%, small cap growth 9%, while osk funds just gave dividend so the growth still unsure
most of time +return...if -return, still keeping but no topup