Description
In his 2006 Budget speech, the Prime Minister called upon all Malaysians to spend wisely and to adapt to face the economic challenges ahead. It is a clarion call for all of us to look at monetary prudence. Most ordinary people work hard for their money and it does not come in easily. Having earned your money, you will want to stretch it as far as you can. Minimising your exposure to tax will help to put extra after-tax Ringgit in your pocket and give you more to take home with you.
If you need ideas or guidance on how you can save on the amount of tax that you pay, look no further. 100 Ways to Save Tax in Malaysia for Individuals is a book specially written to help individual taxpayers plan wisely so as to maximise the tax benefits that are legitimately available. In the present new self-assessment tax regime, you have the opportunity to order your affairs so as to comply with the tax regulations and at the same time keep out of the tax net wherever you can.
Get to know reliefs, rebates and tax exemptions that are your right. Learn how to make the most of them. Learn how to stay on the right side of the tax laws so as to avoid penalties and costly pitfalls in handling your tax compliance obligations. Receive guidance on how you and your spouse can plan your financial matters to get the best tax savings. If you are a property owner, find out how you can minimise the payment of real property gains tax.
Whether you are in employment or are self-employed, whether you are a tax resident or a non-resident, this book contains a wealth of ideas to help you stay in the pink of health tax-wise. The easy-reading style, clear examples and comprehensive index make it convenient for you to search for the gems that specifically interest you.
This book draws on the pedigree of successful editions of the highly popular tax guide 100 Ways to Save Tax in Malaysia. Now specially tailored for you - the individual taxpayer. If you are involved in business, you should also look out for 100 Ways to Save Tax in Malaysia for Small Businesses which will be coming out soon.
