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Tag Archives: Income Tax
Will Salary Increment Brings Higher Tax?
A friend of mine who is Senior Manager of manufacturing industry recently got a pay rise of RM500, which increasing his monthly income to RM10,500 and putting him in a much higher tax bracket. He came back to me to … Continue reading
Posted in Finance Tips, Income Tax
Tagged Higher Salary, Higher Tax, Income Tax, salary increment
1 Comment
Do Malaysian Bloggers Have To Pay Income Tax?
The tax laws is different from country to country and in the Malaysia, the income from blogging or any internet business is generally taxable. Based on the taxation rules, all income realized from whatever source is considered a taxable income. … Continue reading
Posted in Income Tax
Tagged Blog Income, blogger income tax, earning online, Income Tax, LHDN, LHDN department, Malaysian blogger, Online Income, Pay Income Tax, tax laws, Taxable Income, W-8BEN
5 Comments
What Happens If Paying Your Income Tax Late?
It’s advisable to pay your income tax on time as the IRB doesn’t provide us the time delay. If you can pay your income tax return on time then you can avoid the penalty charges. But, if you cannot have … Continue reading
How To Pay Income Tax Online Using PbeBank
There are several methods for you to pay your income tax, you can make your payment at Public Bank, Maybank, LHDN(Lembaga Hasil Dalam Negeri) counter, by cheque or bank draft, or online banking. I more prefer do things online since … Continue reading
Tactics of Income Tax Reduction
Although i am not an accountant or tax auditor but I still want to share my thought with you all on how to reduce income tax without breaking any laws. First of all, it is determined by whether you are … Continue reading