Personal relief Income tax, legally, reduce income tax
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 Mar 31 2009, 06:55 PM
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#1
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Junior Member
490 posts Joined: Jan 2006 From: Kuala Lumpur  
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Very informative thread!
Barger 1st time paying 5 digits tax to LHDN. Really feel the pain. Basically I've maxed out whatever claims deem legal. No family medical claims because all company covers & parents are still very healthy. |
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Apr 2 2009, 06:40 AM
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#2
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Junior Member
490 posts Joined: Jan 2006 From: Kuala Lumpur
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Unhealthy scene in M'sia is that we have about 10 millions empoyees but only 1.1 million (11%) of them "qualified" to pay income tax!!!
My suggestion is reduce tax bracket by 5% then introduce 5% goods sales tax (GST). So that less people including foreign workers could evade tax. |
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