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My New Year Resolution for 2018 [ December 29th, 2017 ] Posted in » Achievement 2017, My Career Opportunity, News & Announcement, Review

It is the time of the year again for us to review our year-long achievements, make our life plans and also financial goals in 2018. There are a lot of achievements for me to be proud of in 2017, however I can’t manage to tell every individual success in this post – will do only if I have time. Before we bid adieu to year 2017, let me share with you my own plan for 2018.

My Plan for 2018

1. Make a Career Change

If you no longer can find the passion to make a positive difference, even after doing your best, perhaps you are in the wrong field. It’s fine to start over or start again as long as you have thought through it thoroughly. Some of us who are lucky, find ourselves very early in life. You know exactly what you want in life and you know how to go get it. Those who are said to be unlucky are the ones who are always searching.

There’s no guarantee that it won’t fail. All I need is work hard, keep trying and tweaking over time. Get a resume makeover. Think of best answers to give for though interview questions. Employers are often very specific about the skills and experience they are seeking. They prefer to recruit someone who has a proven track record in their sector, which can make it tough to make changes in career path. To improve the chances of job success, it’s important to identify strengths and match them where possible to the needs of potential employers.

It’s rare to find a job immediately. We need to be financially and psychologically important to prepare for a job search that could take a few months longer. However, I will set myself a realistic time frame and do everything I can to stay positive. A career is like a marathon. You have to set realistic goals to know “what” you need to do to get to “where” you want to be.

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Will GST Exemption Lower the Property Prices?

The expectation is quite high that an increase in the Real Property Gains Tax (RPGT) and an abolition of the developer interest bearing scheme (DIBS) will dampen the property market. But, there has been little attention on our government’s move to exempt residential properties from the Goods and Services Tax (GST), which is going to replace the current Sales and Service Tax (SST) effective from April 2015.

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Do you think the prices will drop or remain unchanged? To me, it is very unlikely. Why? First, there is a need to understand GST and the supplies that come under it. As for exempt supplies, the category in which the residential properties have been placed are not subject to GST. So, businesses providing exempt supplies cannot charge GST on the final product to their consumers. However, those developers who are not eligible to claim input tax from the government on GST paid will then be saddled with additional costs due to the 6% of GST which is payable on almost all its inputs such as construction cost, services, building materials, etc cannot be claimed from the government. Being business entities, they will most probably pass on the non-claimable tax to the consumer end.

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November 27th, 2013 | Leave a Comment | 6,881 views

GST to be Implemented in Budget 2014

Malaysia may introduce the goods and services tax (GST) when Budget 2014 is tabled on Oct 25. This is prompted by worries of a ratings downgrade should Malaysia’s fiscal deficit remain unresolved.

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According to Fitch Ratings, one of the Top three global ratings agencies, the public finances remained as the country’s main weakness, namely the high federal government debt that stood at 53.3% of GDP at end of 2012 compared to 51.6% at end 2011. At the same time, the country’s low fiscal revenue base stands at 24.7% of GDP compared with the median of other A rated countries at 32.8%.

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October 16th, 2013 | Leave a Comment | 3,374 views