Personal relief Income tax, legally, reduce income tax
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 May 23 2008, 06:53 PM
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#1
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Senior Member
3,910 posts Joined: Jun 2005 From: Andy @ London.com Status: N/A   
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Hope you guys can answer my question below.
Let say my partner and i operate a business and it's not sdn bhd , can i have Company trip for vacation ? If yes , then why the auditor say no and they said that you only can give company vacation trip for workers only. If like that , the partner and boss no need to go ? Hope you guys can help answer my question above. |
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May 23 2008, 07:05 PM
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#2
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Senior Member
3,910 posts Joined: Jun 2005 From: Andy @ London.com Status: N/A
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QUOTE(lucifah @ May 23 2008, 06:57 PM) i asked my accountant and he also told me the same thing. company vacation is not business related. It's really very weird scenario though , workers can take vacation while the boss need to pay for himself. but if you change it to "business trip", then it's allowable expenses   Even if it's a vacation trip and declare as business trip , who knows aye ?  *but still need to pay for wife and children ones.  I haven't go through all the pages yet , from what i heard from my accountant , they say that children books can claim up to rm1000. I'll browse through all soon , thanks for the prompt reply.  |
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