the income tax mention is just in general... off 1-3% onlies...

and the minimum income tax payable is salary above 4k right??

That is on top of GST expected reduction which announced last year or what?

might be same might be not, cause no full article available yet..

but he said almost 300k people wont be paying income tax anymore... effective date still unknown.

even though ur not paying income tax, almost all ur basic necessity all got GST

Some of our basic or essential necessities are zero rated under GST.

Some of them are GST exempted.

What is the difference? Don't ask me, please summon an accountant.

thought the same.. should not imposed GST on them..

buy that is the raw material.. once cooked or processed, GST will be imposed..

like instant noodle, jiken nugget, bugger and ECT..

processed item are not GST free

here's a general idea

GST exemption is fully non-taxable supplies (goods or services) <-- i.e. no tax levied from manufacturer-to-consumer (end-to-end)

Zero-Rated GST is taxable supplies of goods or services but rated at 0% <-- meaning, to normal consumers, we dont need to pay. However, GST is still applicable at every stage of the supply chain except to consumer. This is more impact to manufacturers, retailers, service providers, etc.

nett nett to consumers, we hope to get as much items under exemption or zero-rated GST cuz we dont want to pay GST at the first place!

possible to disable my cc for online purchasing as i only use it physically..

Zero rated is better than exempted. For zero rated the GST input from manufacturer can be claimed back hence effectively no GST incurred in the whole chain.
However for exempted items, retailer cannot charge GST to consumer and also cannot claim back GST during the input stage. So retailer has to mark up its prices to reflect it.
Funny but its true.

can i use MBB AMEX to pay tnb & tm via uob payonline ?

just got my gold card, was applying for platinum maybankard 2 amex and mastercard got only approve for gold.

anyway to upgrade to platinum?

I m now eligible for the RM100 cash back with 3 swipe each card.

my income still below 60,000 p.a but very very close to the requirement.

easier to pay thru m2u

This post has been edited by Human Nature: Oct 10 2014, 09:27 PM

why don't you wait a lil longer until you meet the requirement before you upgrade?

Amex not accepted at uob payonline

any specific feature/benefit you're looking for with Platinum which is not available for Gold cards?

you may call the cs to request...

no, payonline doesn't support amex. why not direct pay from m2u using amex?

This post has been edited by victorywp: Oct 10 2014, 09:35 PM

double post

This post has been edited by victorywp: Oct 10 2014, 09:36 PM

no difference if you just going to use it for 5% cb on weekends and 5x tp. if you insist, you may try to upgrade after 6 months.

This post has been edited by victorywp: Oct 10 2014, 09:39 PM

well..... I guess I m just obsessed with the name platinum
I am currently a CIMB Cash back Platinum card user and obviously I thought I can get Maybankard 2 amex platinum too, I guess I am wrong.

I did asked the CS if I can get an upgrade after 6 months, her reply is as long as my income did not meet the requirement, I am not eligible for it.

I travel to America quite often, 2-3 times per year and the travel insurance offer by the platinum card does looks tempting.

Right now they have promotion for the Rm100 cashback, I don't think I will hit the requirement by the end of the promotion too.

will be difficult to get an upgrade since you just got your card...