There is a possibility of GST lowering the cost since the input that is paid can be reclaimed. Whereas before were added on the expenses thereby increasing the cost of operating a business enterprise with compliance with GST, these costs may be lowered thereby reducing the operation costs. In the event that the business running costs have steadily reduced, there are two options that you can pursue namely.
There are 3 mysterious types of money in this world. The more you spend, the more you earn. Seriously? I thought we should save money to accumulate wealth. Below is the advices given by the south-east Asia richest Li Kah Sing.
1. Filial love
As a filial child, you must give allowance to your parents on a regular basis. Some people think t hat giving allowance to their own parents will make them even poor. In some cases, some parents do not expect anything from their children. In spite of that, giving allowance to your own parents is still compulsory. Continue reading
Prime Minister Datuk Seri Najib Tun Razak to assure the setup of Good and Services Tax (GST) which will be effective starting the coming April in 2015 won’t load any individuals.
He stressed that developing is solid and the duty program was used about 90-percent of the planet have to be implemented to make sure continual economic development.
He explained the federal government didn’t apply the GST tax program in a rush, however it has been analyzed because the government knew it provide the people and also the nation with huge advantages.
GST vs current Income Tax and Support Tax, what is the differences?
1. Individual in comparison to several stages
Unlike the current Malaysia sales tax and repair tax, GST is usually billed on the intake of products
or solutions at every level of the provide sequence, with the tax pressure eventually carried by the end
customer. This several tax levels function of GST is the essential modify from the existing single-
stage Malaysia sales tax and repair tax billed at only one level of the provide sequence.
People will less impressed by your dad-bought BMW car. Getting rich by wealth inheritance is old, so today we give respect to these top 5 self-made young millionaire from Malaysia.
1. Ranson Chi (Professional Financial Planner / Entrepreneur)