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 GST 7%, included into property buying too?

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liam_emmet
post May 20 2013, 01:12 PM

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QUOTE(kentchow75 @ May 20 2013, 02:08 PM)
True?? A 100k property would taxed for 7k straight away, how ridiculous.
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agree.. now already the people having a hard time getting own house..if really implemented into property, conservative calculation of 100k is 7k. nowadays a decent property easily cost 300k or 400k onwards.. it could be implemented coz our magician says got affordable house for u all..
liam_emmet
post May 20 2013, 02:19 PM

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QUOTE(talkmore @ May 20 2013, 02:53 PM)
Buyer or seller also need bared the cost...
if really apply GST on house purchaser...normally will be calculate base on net sales price.(This apply to country like Singapore or Australian.)
For the seller like developer/property agent,they need add out all the income(basic+ commission)before get GST.
That include lawyer,bank legal fee also add up together with GST fee...

Really need  icon_question.gif in future.
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which means that in the end it was the end user, the rakyat need to bear the cost...
liam_emmet
post May 20 2013, 02:20 PM

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QUOTE(himalaya81 @ May 20 2013, 03:00 PM)
so, meaning is. Better to buy now ?
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it is anytime better to buy now instead of next year..even no gst property will sure increase
liam_emmet
post May 20 2013, 02:21 PM

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QUOTE(talkmore @ May 20 2013, 03:11 PM)
What to do...GST apply mostly to every one...
If best GST just  apply on property about 1 milion.That should ok.
If really GST apply to bank loan..omg....that pain....exp:bank loan 400K,+7%(28K),buyer no money pay 7%,so apply loan+gst 7%=428K.

but if we no use goverment service to do transaction,that mean no need pay gst....exp:jual goreng pisang tepi jalan. brows.gif
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eh..where u buy the pisang ah? buy the utilities for the goreng leh? also kena 7% isnt it?
liam_emmet
post May 20 2013, 02:26 PM

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QUOTE(david_cheong2002 @ May 20 2013, 03:24 PM)
Because our lovely government already give a lot of people RM 500 before the election, now is time to collecting back those gula-gula
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yup...agree.. good la, keep on vote them la..mati sama sama...
liam_emmet
post May 20 2013, 02:36 PM

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QUOTE(talkmore @ May 20 2013, 03:30 PM)
get pisang from kampung ppl,use the old kuali,buy recycle oil from kfc & throw some plastic..that will be a lot of business.(usually how famous goreng pisang tauke do)...erm..for tepung,no choose,need buy lo...
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ah ha !!!! 7% on tepung.. kena juga
liam_emmet
post May 20 2013, 02:37 PM

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QUOTE(lowya @ May 20 2013, 03:31 PM)
Ya lor, otherwise stamp duty and GST together would be considered Double Taxation.
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then the magician will introduce a new law... due to the overwhelming response in property, we are implementing the gst into property to control the investor, flippers and the property price..lol
liam_emmet
post May 20 2013, 02:38 PM

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QUOTE(swordfish911 @ May 20 2013, 03:32 PM)
so at the end property will kena or not actually? this BN is really making me frustrated la. people who voted for them really stupid
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haha.. wat to do..itu new minister say u tak suka u keluar lo... haha.. wat a joke man

 

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