Netizen complained to IRAS abt Eric How

[makapaaa]

<TABLE id=msgUN border=0 cellSpacing=3 cellPadding=0 width="100%"><TBODY><TR><TD id=msgUNsubj vAlign=top>Coffeeshop Chit Chat - Netizen complained to IRAS abt Eric How</TD><TD id=msgunetc noWrap align=right> </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead vAlign=top><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>kojakbt_89 <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>6:36 am </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 38) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>40643.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>
<TABLE width="100%"><TBODY><TR vAlign=top><TD width="40%">Jack Tan Kok Leong <[email protected]> 27/10/2010 11:24 AM
(Tel: )
</TD><TD width="59%"><TABLE width="100%"><TBODY><TR vAlign=top><TD>

To​

</TD><TD>[email protected], [email protected], [email protected], [email protected] </TD></TR><TR vAlign=top><TD>

cc​

</TD><TD>[email protected], [email protected], [email protected], [email protected], [email protected] </TD></TR><TR vAlign=top><TD>

Subject​

</TD><TD>Using of company registered car for personal usage.</TD></TR></TBODY></TABLE>
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</TD><TD>
</TD></TR></TBODY></TABLE>
</TD></TR></TBODY></TABLE>

<TABLE width="100%"><TBODY><TR vAlign=top><TD width="100%">27<SUP>th</SUP> Oct 2010 Person In-Charge
Inland Revenue Authority of Singapore
Investigation & Forensics Division
55 Newton Road, Revenue House
Singapore 307987
Cc: Corrupt Practices Investigation Bureau
2 Lengkok Bahru
Singapore 159047
Dear Sir/Mdm,
I would like to bring to your attention on the online postings of a certain individual which may be indicative that company funds being utilized for personal cars.
An individual by the name of Eric How who is the president of Chee Chee & Co Pte Ltd, a marine engineering company located at 89 Second Lok Yang Road S’pore 628165 made the following remarks on the popular Facebook portal mentioning that all his family members are being given a person car for commuting purposes. He also stated that he does not even have to pay a single cent on the maintenance of his personal car. Based on what he has written, it was widely believe that the company is actually paying 100% of the maintenance cost.
Having worked in one of the big four as an auditor, I am amused by the fact that an individual does not have to pay a single cent for car maintenance even if it is a company registered car. So long as the car is being used for other non business related events after office hours. The person will still be liable to reimburse the company on part of the expenses as well.
I would urge on IRAS to look into this matter urgently as it will be unfair to others who have contributed to the country’s tax system.

Yours Sincerely
Jack Tan
</TD></TR></TBODY></TABLE>


******************************<!--<WBR />-->******************************<!--<WBR />-->**********
"Privileged and/or confidential information may be contained in this email or its attachments. If this email has been sent to you by mistake, please notify the sender and delete it immediately. The retention or communication of this email's contents or its attachments to an unauthorised person is prohibited and may be an offence under the Official Secrets Act (Cap 213). "
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[makapaaa]

<TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead vAlign=top><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>kojakbt_89 <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>6:38 am </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (3 of 38) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>40643.3 in reply to 40643.2 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>From: INV-INFORMANTS <[email protected]>
Subject: Acknowledgement of receipt of Information provided
To: "Jack Tan Kok Leong" <[email protected]>
Date: Wednesday, October 27, 2010, 6:12 AM


Dear Sir/Madam

I refer to the information provided by you on 27 October 2010 and thank you for taking the effort to write to us.

We review all information received and will take appropriate followup actions. We are not able to update you on the status of this case as we are not allowed by the Income Tax Act / GST Act from disclosing our follow up action to you.

Thank you.

regards
</TD></TR><TR><TD> </TD></TR></TBODY></TABLE><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR><TD class=msgleft width="1%"> </TD><TD class=msgopt width="24%" noWrap> Options</TD><TD class=msgrde width="50%" noWrap align=middle> Reply</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>

 

[makapaaa]

 

[ah_phah]

when somebody's mouth gets a little too big, someone has to do him the favor of shoving something to muff the noise. the same fate should not evade those associated/involved in the all white uniformed organization.

 

[annexa]

Comprain to CPIB. IRAS can do what?

 

[Char_Azn]

Having worked in one of the big four as an auditor, I am amused by the fact that an individual does not have to pay a single cent for car maintenance even if it is a company registered car. So long as the car is being used for other non business related events after office hours. The person will still be liable to reimburse the company on part of the expenses as well.

Just a comment here, isn't the used of Company Cars are based on Company Policy. If the company policy is to allow the staff to use his car however he likes, then I don't see how he has done anything wrong. For example, my friend used to work for DHL. The staff are often allowed to drive the vehicle out for their own use after their work hours and he doesn't pay a single cent for fuel or even parking(just to add that was a number of years back, the rights got revoked after some joker got into an accident). Does that mean he should be reported to the IRAS or CPIB?

 

[lovesamleong]

How did those emails makes it way to the web? Did Jack Tan post those email himself?

 

[Zombie]

If the company policy is to allow the staff to use his car however he likes, then I don't see how he has done anything wrong.

You are right, so long as those personal benefits are reported in their company tax computation ie company are paying the tax for these benefits. I think JackTan overlooked this part.

 

[Unrepented]

Either this guy is a half past six auditor or not an auditor at all.

<TABLE id=msgUN border=0 cellSpacing=3 cellPadding=0 width="100%"><TBODY><TR><TD id=msgUNsubj vAlign=top>Coffeeshop Chit Chat - Netizen complained to IRAS abt Eric How</TD><TD id=msgunetc noWrap align=right> </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead vAlign=top><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>kojakbt_89 <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>6:36 am </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 38) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>40643.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>
<TABLE width="100%"><TBODY><TR vAlign=top><TD width="40%">Jack Tan Kok Leong <[email protected]> 27/10/2010 11:24 AM
(Tel: )
</TD><TD width="59%"><TABLE width="100%"><TBODY><TR vAlign=top><TD>

To​

</TD><TD>[email protected], [email protected], [email protected], [email protected] </TD></TR><TR vAlign=top><TD>

cc​

</TD><TD>[email protected], [email protected], [email protected], [email protected], [email protected] </TD></TR><TR vAlign=top><TD>

Subject​

</TD><TD>Using of company registered car for personal usage.</TD></TR></TBODY></TABLE>
<TABLE><TBODY><TR vAlign=top><TD>
</TD><TD>
</TD></TR></TBODY></TABLE>
</TD></TR></TBODY></TABLE>

<TABLE width="100%"><TBODY><TR vAlign=top><TD width="100%">27<SUP>th</SUP> Oct 2010 Person In-Charge
Inland Revenue Authority of Singapore
Investigation & Forensics Division
55 Newton Road, Revenue House
Singapore 307987
Cc: Corrupt Practices Investigation Bureau
2 Lengkok Bahru
Singapore 159047
Dear Sir/Mdm,
I would like to bring to your attention on the online postings of a certain individual which may be indicative that company funds being utilized for personal cars.
An individual by the name of Eric How who is the president of Chee Chee & Co Pte Ltd, a marine engineering company located at 89 Second Lok Yang Road S’pore 628165 made the following remarks on the popular Facebook portal mentioning that all his family members are being given a person car for commuting purposes. He also stated that he does not even have to pay a single cent on the maintenance of his personal car. Based on what he has written, it was widely believe that the company is actually paying 100% of the maintenance cost.
Having worked in one of the big four as an auditor, I am amused by the fact that an individual does not have to pay a single cent for car maintenance even if it is a company registered car. So long as the car is being used for other non business related events after office hours. The person will still be liable to reimburse the company on part of the expenses as well.
I would urge on IRAS to look into this matter urgently as it will be unfair to others who have contributed to the country’s tax system.

Yours Sincerely
Jack Tan
</TD></TR></TBODY></TABLE>


******************************<!--<WBR />-->******************************<!--<WBR />-->**********
"Privileged and/or confidential information may be contained in this email or its attachments. If this email has been sent to you by mistake, please notify the sender and delete it immediately. The retention or communication of this email's contents or its attachments to an unauthorised person is prohibited and may be an offence under the Official Secrets Act (Cap 213). "
"*****************************<!--<WBR />-->******************************<!--<WBR />-->***********
</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>

 

[cass888]

You are right, so long as those personal benefits are reported in their company tax computation ie company are paying the tax for these benefits. I think JackTan overlooked this part.

So stupid. Of all things complain about cars. IRAS will not car because the cars are not deductible in the first place!

 

[Zombie]

So stupid. Of all things complain about cars. IRAS will not car because the cars are not deductible in the first place!

Yes, private cars (and expenses) are not deductible at all, while business-registered vehicles eg company vans, are allowed for purpose of business.

 

[Unrepented]

But taxable on the employee who enjoy the benefits If beneficiary of the welfare never declare as part of his employment income, then kena.

So stupid. Of all things complain about cars. IRAS will not car because the cars are not deductible in the first place!

 

[Zombie]

But taxable on the employee who enjoy the benefits If beneficiary of the welfare never declare as part of his employment income, then kena.

pte ltd like this one, usually get a small accounting firm to handle everythings from accounting, auditing, taxation, filings etc ...

i don't think the accounting firm can make such silly mistake ...

 

[sun814]

Either this guy is a half past six auditor or not an auditor at all.

haha fully agree, i hv been one for more than 20 years, but find that the "email" is a joke.

 

[IR123]

The retention or communication of this email's contents or its attachments to an unauthorised person is prohibited and may be an offence under the Official Secrets Act (Cap 213).

This guy Jack Tan wrote a letter to IRAS and put the above as a disclaimer. A private email comes under the official secrets act?

 

[leetahbar]

someone should complain about one million $ holy cow who only paid $8 for open heart surgery and why peasants are paying $9.50 to wait for a less than 5 minute polyclinic consultation.