Living in JB 3 (Johore)

[cheerguan]

cheerguan, in about a year's time you can be a calafare or real actor at Pinewood Studios. perfect retirement plan in JB

Ha ha, you mean like those appearing for less than 5 secs and straight away kena shot dead type? Rm10 for an hour's job? Actually not too bad, at least can cover ciggies' cost (rm10 a pack). Can consider. Anyway, thanks for your suggestion..

 

[Funds Transfer]

Maybe can charge them for services like accompanying them esp. for sinkie gals staying there to go shopping centres and makan? But no hanky panky business, ok? Ha ha!
Any potential clients out there?

So when can we start? I know a good corporate secretary to start the business?

 

[cheerguan]

So when can we start? I know a good corporate secretary to start the business?

Serious ah?
Ok, but later, got to do lots of workout first otherwise with my present body shape, sure no customers. Ha ha!

 

[wuqi256]

Folks, for those who have sources of income in MY, Its time to file taxes. Deadline is end of this month, Keep calm and do e-filing:

Again, whatever is in SG is taxed in SG, whatever is in MY is taxed here.

https://spsd.hasil.gov.my/PKI/e/Panduan/eFiling Handbook lw.pdf

 

[jade apple]

http://www.jobstreet.com.my/jobs/2013/4/default/10/1905603.htm?fr=J

Pinewood studios job advertisement

 

[ginfreely]

Folks, for those who have sources of income in MY, Its time to file taxes. Deadline is end of this month, Keep calm and do e-filing:

Again, whatever is in SG is taxed in SG, whatever is in MY is taxed here.

https://spsd.hasil.gov.my/PKI/e/Panduan/eFiling Handbook lw.pdf

http://thestar.com.my/news/story.asp?file=/2013/4/21/focus/12996644&sec=focus

Can read this articles to know what expenses can claim deduction, I roughly read wow so many expenses can claim for personal income tax in Msia...buy computer, pay broadband subscription, medical check up, pay parents medical expense, housing loan interest, even loan interest for buying shares also can claim deduction against dividend income...

 

[ginfreely]

Serious ah?
Ok, but later, got to do lots of workout first otherwise with my present body shape, sure no customers. Ha ha!

Age matters too..maybe you can read this blog call "retirement: a full time job" for ideas on activities for retirement haha..

http://retiredsyd.typepad.com/

 

[cheerguan]

Age matters too..maybe you can read this blog call "retirement: a full time job" for ideas on activities for retirement haha..

http://retiredsyd.typepad.com/

Thanks sis.

 

[kawan2sgmy]

Pls refer to below link for non-resident tax:

http://www.hasil.gov.my/goindex.php?kump=5&skum=1&posi=2&unit=1&sequ=1

You are non-resident under Malaysian tax law if you stay less than 182 days in Malaysia in a year, regardless of your citizenship or nationality.

Non-resident individual is taxed at a different tax rate on income earned/received from Malaysia.



Non-resident Tax rate




Types Of Income


Rate (%)



Business, trade or profession
Employment
Dividends
Rents


26



Public Entertainer
Interest


15



Royalty


10



Payments for services in connection with the use of property or installation, operation of any plant or machinery purchased from a non-resident



Payments for technical advice, assistance or services rendered in connection with technical management or administration of any scientific, industrial or commercial undertaking, venture, project or scheme



Rent or other payments for the use of any movable property




You will not be taxable if

Employed in Malaysia for less than 60 days


Employed on board a Malaysian ship


Age 55 years old and receiving pension from Malaysian employment


Receiving interest from banks


Receiving tax exempt dividends


If taxable, you are required to fill in M Form .

 

[Mingchye]

My conclusion is if you are living in JB and work in SG, you can be considered tax resident for both countries and entitled to tiered income taxation, and tax reliefs. Win-win

 

[geritan]

My conclusion is if you are living in JB and work in SG, you can be considered tax resident for both countries and entitled to tiered income taxation, and tax reliefs. Win-win

We are Singaporean, living in JB and work in SG. We do not have any income from MY. So do we still have to file tax in MY?
Kindly advise, thanks.

 

[wuqi256]

We are Singaporean, living in JB and work in SG. We do not have any income from MY. So do we still have to file tax in MY?
Kindly advise, thanks.

No need to pay any tax in Malaysia if you do not have any income sourced within/from Malaysia. All RGPT is handled by your lawyer when selling properties so no need to declare them in your personal income tax either.

 

[wuqi256]

Ha ha, you mean like those appearing for less than 5 secs and straight away kena shot dead type? Rm10 for an hour's job? Actually not too bad, at least can cover ciggies' cost (rm10 a pack). Can consider. Anyway, thanks for your suggestion..

That type is me hahaha, can consider going into business here, legit types of course.

 

[geritan]

No need to pay any tax in Malaysia if you do not have any income sourced within/from Malaysia. All RGPT is handled by your lawyer when selling properties so no need to declare them in your personal income tax either.

Thank you wuqi. Please take care.

 

[Mingchye]

Sorry let me clarify, if I own rental properties in Msia, live in one property in JB, work in SG and rent out my SG property, i enjoy being tax resident status in MY and SG. Tats what i meant.

 

[cheerguan]

That type is me hahaha, can consider going into business here, legit types of course.

Thanks, but doing business is not for me. Knowing my own character, sure have lots of bad debts (too soft hearted).

 

[wuqi256]

Thanks, but doing business is not for me. Knowing my own character, sure have lots of bad debts (too soft hearted).

Understand, which was why even though folks invited me a few times to do biz, i seldom if ever go into any. Being too softhearted makes one naturally a bad businessman. Besides, i take friendship too seriously so worst outcome in a biz venture (for me) is not losing money but rather losing a friend.

 

[cheerguan]

Understand, which was why even though folks invited me a few times to do biz, i seldom if ever go into any. Being too softhearted makes one naturally a bad businessman. Besides, i take friendship too seriously so worst outcome in a biz venture (for me) is not losing money but rather losing a friend.

Imagine when I sold my only house here in Sg recently, the buyer even thanked me for selling it at a very good price to him. Looks like the suggestion by Contra to take up calefare job at Pinewood Studio for retirement is very suitable for us both. Ha ha.

 

[Funds Transfer]

Imagine when I sold my only house here in Sg recently, the buyer even thanked me for selling it at a very good price to him. Looks like the suggestion by Contra to take up calefare job at Pinewood Studio for retirement is very suitable for us both. Ha ha.

You should have leased it to him and keep a base in Singapore. Or just happy to leave everything behind?

 

[Funds Transfer]

Understand, which was why even though folks invited me a few times to do biz, i seldom if ever go into any. Being too softhearted makes one naturally a bad businessman. Besides, i take friendship too seriously so worst outcome in a biz venture (for me) is not losing money but rather losing a friend.

Bro Wuqi

Maybe you should make friends with money more!