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> OFFICIAL THREAD: ELECTION BUDGET 2018, Teks ucapan di page 1

FauxHawk
post Oct 28 2017, 11:47 AM

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QUOTE(small-jeff @ Oct 28 2017, 02:10 AM)
so how does the progressive tax works ah?

up to 70k get full 2% cut.

what happens to.. say 100k? first 70k gets 3%, 8% and 14% from each bracket, then remaining 30k follows existing brackets?

compius
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See the 1st item in the appendices, so yes, the brackets beyond the 70k follow existing


http://www.treasury.gov.my/pdf/budget/speech/attachment.pdf
kelvinfixx
post Oct 28 2017, 04:13 PM

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QUOTE(lol~ @ Oct 28 2017, 10:19 AM)
So i assume this only applicable for those who use agent, right? Direct owner what for claim it as income. Better just keep quiet and take all profit
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You can keep quit, but in this digital age, Income tax department has all the information about you and your asset, loan and house ownership is easy to track.
fuzzy
post Oct 28 2017, 05:01 PM

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QUOTE(small-jeff @ Oct 28 2017, 02:10 AM)
so how does the progressive tax works ah?

up to 70k get full 2% cut.

what happens to.. say 100k? first 70k gets 3%, 8% and 14% from each bracket, then remaining 30k follows existing brackets?

compius
*
Yes.

So imagine you earn 100k. Your tax is like that, example la:

- 0-35k - 3% (from the usual x%)
- 35-50k - 8%
- 50-70k - 14%
- 70-100k - 18%

You don't get tax 18% full if you earn 100k.

noien
post Oct 28 2017, 09:31 PM

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Broadband still empty promise
ifourtos
post Oct 28 2017, 11:50 PM

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QUOTE(David Hector @ Oct 27 2017, 06:19 PM)
Normal laa...opposition logic....they confuse about everything. got toll not okay...no toll also not okay...
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I m ok with toll

Highway
And when it become pricier
It control traffic amount
Annoynimous
post Oct 29 2017, 10:50 AM

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QUOTE(small-jeff @ Oct 28 2017, 02:10 AM)
so how does the progressive tax works ah?

up to 70k get full 2% cut.

what happens to.. say 100k? first 70k gets 3%, 8% and 14% from each bracket, then remaining 30k follows existing brackets?

compius
*
You're right.
chickenshit36
post Oct 30 2017, 09:11 AM

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QUOTE(Annoynimous @ Oct 29 2017, 10:50 AM)
You're right.
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Ah nice to hear everyone will benefit from the tax cut. Wondering if pcb reduction will reduce as well?

If so will help a lot of people putting extra money in their pockets
TheLegend27
post Oct 30 2017, 01:08 PM

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QUOTE(ifourtos @ Oct 29 2017, 12:50 AM)
I m ok with toll

Highway
And when it become pricier
It control traffic amount
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thanks God u are not a Malaysia minister. definitely will cause a chaos if u were.
Nitrous
post Oct 30 2017, 07:58 PM

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Does anyone know if the "Lifestyle" Tax Relief for income tax still applicable for Year 2018? Plan to get a smartphone then if it is still available, else will get it this year.
Thanks!
pgsiemkia
post Nov 16 2017, 09:00 AM

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Sapu a few billion, say duit pampasan to Toll company becos open the toll in Batu Tiga to public. Still think rakyat dumb and stupid like his bapak punya zaman?

pgsiemkia
post Nov 16 2017, 09:01 AM

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QUOTE(Nitrous @ Oct 30 2017, 07:58 PM)
Does anyone know if the "Lifestyle" Tax Relief for income tax still applicable for Year 2018? Plan to get a smartphone then if it is still available, else will get it this year.
Thanks!
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Get zerolution plan and claim monthly from company.
Gong xi Fa Cai
post Nov 16 2017, 11:47 AM

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QUOTE(fazlythewarrior @ Oct 25 2017, 02:38 PM)
Speaker akan membawakan sidang pembentangan Bajet 2018 yang akan dibentangkan di Dewan Rakyat pada jumaat ini bermula jam 3.30 petang.

Speaker juga akan memuat naik teks ucapan bajet selepas Perdana Menteri selesai membentangkan ucapannya di sini (page 1).

Mohon ahli-ahli dewan semua booking kerusi dan meja sebab tempat adalah terhad.

Teks ucapan Bajet 2018: https://www.najibrazak.com/bm/blog/ucapan-bajet-2018/

Intipati penting ringkasan bajet live update:
» Click to show Spoiler - click again to hide... «

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M & D
post Yesterday, 09:15 PM

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QUOTE(fuzzy @ Oct 27 2017, 09:20 PM)
Sorry, I was reading the English version and it's but vague there .

 Tax exemption on rental of 50% for rent up to RM2,000
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meaning that we need to declare tax for that income too.

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