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Income Tax Issues v3, Anything related to Personal Income Tax
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Yong_5290
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Mar 10 2014, 02:46 AM
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Getting Started

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Hi sifu sifus , this year i just start doing some small business making around fix income of around 200k-250k . Its a enterprise business so it would be crazy if kena 50-60k income tax . Any advice?
Another problem is my ex company let me handle a lot of cash , they bank in money to me then i take the cash and pay out to indon worker and bangladesh workers . More than rm 120k monthly in out my personal account and i'm not profiting from it . Whats the worse case scenario for my situation of this? And pls edvice me what to do because i need to handle those cash for my worker as im their manager
Thank you very much in advance
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Yong_5290
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Mar 11 2014, 10:19 PM
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Getting Started

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QUOTE(Yong_5290 @ Mar 10 2014, 02:46 AM) Hi sifu sifus , this year i just start doing some small business making around fix income of around 200k-250k . Its a enterprise business so it would be crazy if kena 50-60k income tax . Any advice? Another problem is my ex company let me handle a lot of cash , they bank in money to me then i take the cash and pay out to indon worker and bangladesh workers . More than rm 120k monthly in out my personal account and i'm not profiting from it . Whats the worse case scenario for my situation of this? And pls edvice me what to do because i need to handle those cash for my worker as im their manager Thank you very much in advance Any more helpful answer?
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