QUOTE(BL98 @ Feb 24 2023, 05:05 PM)
Luxury tax on the way already soonWait for 2025 for CGT to come in place
Capital Gains Tax a possibility from 2024
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Feb 24 2023, 05:20 PM
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Feb 24 2023, 06:13 PM
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Feb 24 2023, 06:22 PM
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QUOTE(ifourtos @ Feb 24 2023, 06:16 PM) QUOTE(acbc @ Feb 24 2023, 06:18 PM) You both failed 🤦♀️ GST doesn’t apply to essential goods hence poor families are not affected in the 1st place 🤦♀️SST is even worse because it is wholesale tax while GST progressive consumption tax |
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Feb 24 2023, 06:26 PM
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QUOTE(nexona88 @ Feb 24 2023, 06:22 PM) for everyone huh?? PMX already announced for now it is only unlisted shares this year next budget we won’t knowthose holding listed shares too.... I was thinking only those selling their unlisted shares (Vendors shareholders going for IPO listings) kena that new tax?? No?? That is why for the details for more clarity |
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Feb 24 2023, 06:29 PM
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QUOTE(acbc @ Feb 24 2023, 06:26 PM) Hello. They consume more la. Why use Milo when there are better alternatives 🤦♀️Imagine Milo. Rich and poor also buy. The difference is the Milo lasted longer for the rich fella with smaller families compared to the poor fella with large families. And essential or not, prices will go up because of added cost to do business like transportation, office expenses and etc. If a Milo 1kg is 25 bucks, don't tell me it will remain 25 bucks after GST. As per last time, the price actually went up by 2-3 bucks. And rich fella probably buy every 2-3 months compared to the poor fella every 2-3 weeks. So, who consume more? The prices went up not because of GST but business take advantages for price increase 🤦♀️ cost is the still same but businesses take advantage 🤦♀️ The less consumption and demand for it will make it cheaper but to the poor and uneducated can’t blame them because they are only familiar with it And one more thing Milo is not an essential product in the 1st place 🤦♀️ unlike fresh milk This post has been edited by xander2k8: Feb 24 2023, 06:31 PM |
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Feb 24 2023, 06:32 PM
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QUOTE(ifourtos @ Feb 24 2023, 06:29 PM) oh ya. That is why GST is better than SST because a lot of things are in fact cheaper than what ppl think 👏 you’re lucky to pay zero taxwhen gst launched i almost pay zero tax because gst only apply on non essential goods. gst only tax luxury and rich fag brain 404 |
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Feb 24 2023, 06:34 PM
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QUOTE(acbc @ Feb 24 2023, 06:31 PM) Because Milo is very common for everyone and easier to understand for layman. 1stly your example is wrong and failed because Milo is not an essential product because it processed product unlike Milk or raw cocoa 🤦♀️U expecting the poor to downgrade to fake chocolate drink? They also don't want la. Those who drink Milo are addicted to preservative that Nestle added in to make them addicted to it 🤦♀️ I have not been drinking for more than 30 years as it is cheaper to make my own chocolate drink instead |
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Feb 24 2023, 06:35 PM
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QUOTE(nexona88 @ Feb 24 2023, 06:34 PM) Never trust any govt as the devil in the details They can U turn anytime if they want to and if the desperate to balance the books and more expenditures I also doubting that statement which is why I wait for the details |
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Feb 24 2023, 06:59 PM
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QUOTE(acbc @ Feb 24 2023, 06:38 PM) That's you but others may not agree with u nor have the time to make their own chocolate drink. It is simply easier to just buy from the shelf. You want convenience you pay GST for processed products 🤦♀️ it is a simple as that as humans always have choices if you want to save money GST is only exempted for raw materials and it has been in use in countless countries since the 90s |
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Feb 24 2023, 09:34 PM
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QUOTE(acbc @ Feb 24 2023, 07:07 PM) True but it doesn't work here. Wait till they have no money for development expenditures then will start implementing 🤦♀️It may eventually but as the gomen is quite unstable, politicians also afraid of losing power because of unpopular decisions. Anwar already hinted that GST is coming once inflation is going down and economy is growing QUOTE(nexona88 @ Feb 24 2023, 08:04 PM) Not rush job but out of ideas to generate revenue and curb leakages PH will have more U turns than BN as history shows 🤦♀️ |
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Feb 25 2023, 03:28 AM
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QUOTE(koja6049 @ Feb 25 2023, 12:54 AM) feels like anwar trying to force companies to list their stocks on bursa. This coupled with the fact 1.5 mil tax break given to companies who are listed on ace and leap market In the 1st place it is not that easy to list as SC scrutinise and control the listings in order not to have many so that it won’t dilute the markets 🤦♀️The tax breaks itself only will be given to certain companies which meets the criteria itself and not every Tom dick and Harry SMEs can meet it Don’t forget to list in Bursa the listing fee itself will be doubled of the tax breaks and don’t forget book making fees which cause ten of millions so those companies won’t not be doing that just to get tax write off 1.5million 🤦♀️ |
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