The buzz of the announcement of Budget 2008 earlier today had made me suddenly realise one thing -- Shucks! I'm eligible to be a taxpayer starting from next year!
Each year I saw the budget being announced but I couldn't careless. However, starting from this year, it's gonna be affecting me greatly!
Is the increase of personal tax deduction from RM350 to RM400 gonna do me enough good? (My taxable income falls in that category, fortunately) How is Self Assessent being done? What are the deductible source of income? GOSH, I am so embarassed for the fact that I had actually studied all that before! (Sorry Miss Jen, all the knowledge went down the drain!)
Gotta search for that "Tax Bible" written by the infamous Chong Kwai Fatt.
Oh no, it's in my hometown!
Shall ask my sis then, at least I could rely on another accountant.
Oh shoot! Someone just told me through msn that one pays tax only when their monthly salary reaches RM3000......
Hmmm, I've decided to get hold of a copy of The Star tomorrow to read about Budget 2009 in detail.
P/S: I shall also confirm from reliable sources whether or not I'm eligible to pay tax next year.
Friday, August 29, 2008
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