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Thread: Do I need to pay tax?

  1. #1
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    Talking Do I need to pay tax?

    Hi,I work as internet marketer if I want to buy property or new car do I need to pay tax but I have no fixed income..Sometimes I earn lot sometimes very little.
    Going to Taiwan on June after the ACCA exam.WOOHOO.

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    Quote Originally Posted by triplec View Post
    Hi,I work as internet marketer if I want to buy property or new car do I need to pay tax but I have no fixed income..Sometimes I earn lot sometimes very little.
    yes u need to pay tax....

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    how much do I need to pay bt how come all my successful team member never pay de?I didn't do business need pay meh?Different country have different policy wow..
    Last edited by triplec; 05-08-2008 at 12:37 AM.
    Going to Taiwan on June after the ACCA exam.WOOHOO.

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    if ur income comes from abroad. you dont need to pay tax.
    but if u really want to take loan then go pay tax

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    how you want to know hw much you have to pay if you dont even declare your income?

    declare income first, then only u'll know how much u have to pay.

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    Quote Originally Posted by triplec View Post
    how much do I need to pay bt how come all my successful team member never pay de?I didn't do business need pay meh?Different country have different policy wow..
    if you in malaysia then you need to pay tax... if you want a utilize those money to buy house / car / big things... then its better for you to declare it in your yearly income tax form coz u don't want any trouble later on... evading income tax is just a gamble... up to you to place the bet loh....

    Quote Originally Posted by Malaysia View Post
    if ur income comes from abroad. you dont need to pay tax.
    but if u really want to take loan then go pay tax
    you need to pay tax as long as the income come into malaysia... you can skip paying tax if that part of income is stored outside malaysia like in paypal/overseas account...

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    Quote Originally Posted by triplec View Post
    Hi,I work as internet marketer if I want to buy property or new car do I need to pay tax but I have no fixed income..Sometimes I earn lot sometimes very little.
    Yes, else you cannot buy property. When you trying to buy property they will check and if one day they find out you never pay tax and you got money to buy all those property, they will come after you. Later they calculate all the amount you owe to Income Tax Department + interets then you will know the amount.

    Basically, if your income no balance, just take average and put it.

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    now no more CKHT forms to be fill in for property buying/selling. but they will still now if u buy/sell one, from the stamp duty details. car purchase, LHDN will know also, sooner or later.

    and if you want to request for loans, normally the bank will ask ur income statement and one of them are from the tax you've paid. now, since STS (self assesment system) the bank don't only require the B form, but if you got tax payable, the bank will request the payment slip as well.

    btw, remember? two things that is inevitable in this world are death and tax.
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    That's right

    Yup, the LHDN nowadays are very smart and hardworking nowadays in conducting tax audits on anyone suspected for tax evasions. So, be careful.

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    so for those of you who get income from abroad pay tax too?
    i went too LHDN
    they say i dont need to pay.
    I want to pay they dont want me to pay so wat can i do?

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    Wink

    Quote Originally Posted by Malaysia View Post
    so for those of you who get income from abroad pay tax too?
    i went too LHDN
    they say i dont need to pay.
    I want to pay they dont want me to pay so wat can i do?
    they said dunwan to pay then dont pay la who so stupid love to pay tax..
    Going to Taiwan on June after the ACCA exam.WOOHOO.

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    Quote Originally Posted by triplec View Post
    they said dunwan to pay then dont pay la who so stupid love to pay tax..
    you've got better credit rating when there are records of you paying tax.easier to ask for bank loans as the payment slip is a proof of income and payment.
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    Quote Originally Posted by mauntech View Post
    you've got better credit rating when there are records of you paying tax.easier to ask for bank loans as the payment slip is a proof of income and payment.
    Nope,I disagree.Higher income doesn't meant he/she pay more tax.Bank lend people money based on how many assets you got and your family background.
    Going to Taiwan on June after the ACCA exam.WOOHOO.

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    Pay uour taxes

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    Quote Originally Posted by mauntech View Post
    you've got better credit rating when there are records of you paying tax.easier to ask for bank loans as the payment slip is a proof of income and payment.
    hmm..Wat about foreigners working here? Do we have to pay tax too???..
    if we do, then am I in deep problem?? coz I've never paid tax. I do pay Zakat, sort of Tax for muslims, but I never declare my income or file tax with government...
    Last edited by ahmedjabar; 16-09-2008 at 08:21 PM.

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