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<blockquote data-quote="lukeraj" data-source="post: 3227645" data-attributes="member: 66934"><p>I agree but find ladies who dont drain you out ,then you will be ok and dont be in the giving end all the time.Good news is there is fun available from Sport ministry for small companies who want to startup new bussiness let me know if you guys need help and some input our new EPF sheme ,I find after culculation its viable to consider the government proposal,</p><p></p><p><img src="https://zerotohundred.com/forums/styles/default/xenforo/smilies/idea.gif" class="smilie" loading="lazy" alt=":idea:" title="Idea :idea:" data-shortname=":idea:" />EPF 8% Means Paying More Income Tax( For High Income Group)</p><p></p><p>Assume monthly basic salary is RM4000.</p><p>If your monthly EPF contribution is 11% ( RM440 ), taxable income = RM3560, income tax payable = RM77.</p><p>If your monthly EPF contribution is 8% ( RM320 ), taxable income = RM3680, income tax payable = RM109.</p><p></p><p>Conclusion : If you choose to contribute 8%, you will end up paying more income tax to the government, which will make the government richer. Finance Minister Najib said this measure is meant to boost up the slow-down market, but from this example wee see that the money does not go into the market. Instead the money goes direct into the government's pocket through</p><p>the greater amount of income tax that we will have to pay. Obviously this measure does not </p><p>help the market at all. Do we still want this kind of government that doesn't have the best interest</p><p>of the people in mind? <img src="https://zerotohundred.com/forums/styles/default/xenforo/smilies/idea.gif" class="smilie" loading="lazy" alt=":idea:" title="Idea :idea:" data-shortname=":idea:" /></p><p></p><p>Cheers</p></blockquote><p></p>
[QUOTE="lukeraj, post: 3227645, member: 66934"] I agree but find ladies who dont drain you out ,then you will be ok and dont be in the giving end all the time.Good news is there is fun available from Sport ministry for small companies who want to startup new bussiness let me know if you guys need help and some input our new EPF sheme ,I find after culculation its viable to consider the government proposal, :idea:EPF 8% Means Paying More Income Tax( For High Income Group) Assume monthly basic salary is RM4000. If your monthly EPF contribution is 11% ( RM440 ), taxable income = RM3560, income tax payable = RM77. If your monthly EPF contribution is 8% ( RM320 ), taxable income = RM3680, income tax payable = RM109. Conclusion : If you choose to contribute 8%, you will end up paying more income tax to the government, which will make the government richer. Finance Minister Najib said this measure is meant to boost up the slow-down market, but from this example wee see that the money does not go into the market. Instead the money goes direct into the government's pocket through the greater amount of income tax that we will have to pay. Obviously this measure does not help the market at all. Do we still want this kind of government that doesn't have the best interest of the people in mind? :idea: Cheers [/QUOTE]
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