Nov 23 2006, 06:36 PM
QUOTE(Singh_Kalan @ Nov 23 2006, 06:11 PM)
Not necessarily. In fact ur income minus all the deductible, if more than RM2.5k is taxable already (1%) and up.
For allowance, some companies file it some don't. Dont know the reason. Like my case, my allowance r almost same like my basic salary, but my company didn't file it, so no need to pay tax lo.
LOL..For allowance, some companies file it some don't. Dont know the reason. Like my case, my allowance r almost same like my basic salary, but my company didn't file it, so no need to pay tax lo.
Normally it wont be a problem at all if you dont pay tax and understate your annual income... But having said so, you also must make sure that you dont go around and start buying assets... thats inviting problems...
Normally you will get over it but once you start to purchase assets like car n house, LHDN will open your file and do a rough estimate on your monthly expenses. If it doesnt work out or when they think its impossible, they will come n nab you... and when they nab you, they do make u pay big time...
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