Oct 23 2022, 09:25 AM
QUOTE(LGKR @ Oct 21 2022, 09:25 AM)
Hi everyone, Im planning to purchase a unit in Goodwood Residence. I understand if a "friend" have bought a UOB property before and refer his/her "friend" will get a further discount which the so called terms "referral fee"...I would like to know who wants to earns some extra $$$$ together please let me know asap as I'm about to place booking. Terms is 30/70.
Just to enlighten everyone. Sharing refferal fees is good. However it is subjected to LHDN taxation. 30% for the previous owner means he/she will be left with 6-8 % only. As 22-24% will be taxed. 30% will put the refferee in a bad position. Further more, it'll add around 7-8k into taxable income and risk pushing tax bracket even higher.
Just my rm0.02.
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