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keybearer
post Feb 20 2025, 03:56 PM

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Joined: Nov 2009
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QUOTE(achong09 @ Feb 20 2025, 04:29 PM)
If biz less than 10k only how? Still need?
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Below 150k fully exempted.

QUOTE(fongsk @ Feb 20 2025, 04:33 PM)
States that less than 150k/annum, no need.  So make sure ur BZ income less than 150k.
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Not income, revenue.

QUOTE(KenM @ Feb 20 2025, 04:48 PM)
can someone please clarify..

business income less than rm150k per year. is this total invoice value or gross profit?

eg second hand car dealers, sales value is high but income ( gross profit could be 20% of sales)..

tq
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Based on revenue, not income. High revenue low margin businesses sadly maybe kena.

 

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