May 25 2009, 01:12 PM
QUOTE(nujikabane @ May 23 2009, 06:34 PM)
26% or 25% ? Read in Alan Yeo's book, it says 25% for YA2009 ?
So for this sitting, should we take 25% or 26% tax rate ?
For this sitting, it's 26% because it will be YA2008 Tax that we'll be computing.So for this sitting, should we take 25% or 26% tax rate ?
YA2009 will only start in Dec 2009 sitting. The June 2010 sitting will be on YA2009 as well. Then YA2010 on December 2010 sitting.
This is how it works.
June 2008-YA2007
Dec 2008 -YA2008
June 2009- YA2008
Dec 2009-YA2009
June 2010-YA2009
Dec 2010-YA2010
June 2011-YA2010
I hope this helps those who are in doubt understand better.
This post has been edited by @meno: May 25 2009, 01:18 PM
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