Tkd dinner=-29th July 2007

Do you check your Shi*?

Have fun...

Did You KNOW???

Did you know link...


Do you like Big MAC??
Big Mac Link

Funny huh??

Sat-Ur-Day

Today is the day to 'Sit' -Saturday...

What did i do?? -most of the time, wasting time- (sad huh??)

Anyway,
things that i will be bringing are as follows:

1. Milo (Mum)
   
2. Shoe Whitener (Tua Yee)
   
1. Natural -200g
2. Kiwi -150mlx5
3. 2 pair of white school shoes (Tua Yee)
   
4. Dish washer glo (Mum)
   
5. Candy Cloud 9 -4 packets (Aunt's Friend)
   
6. Orange juice -Sunquick (Aunt's Friend)
   
7. Biscuits -Munchy Funmix (Aunt's Friend)
8. Clothing (Cousins' + a little of mine)

BIG buy...

I will write the list after i return home at 11pm...

List of things bought...

1. Garbage bags
1. Blue - small Rm3.5x4
   
2. Black - medium Rm5.9x2
2. Clorox Rm4.5x5
3. Soap (Dettol) RM4.95x5
4. Soap Powder
1. Top Super Colour Rm18.9x2
2. Top Super White Rm18.2x2
5. Terra Care M&T Rm12.5x2
6. Toothpaste Colgate Rm7.7x2
7. Sugar (CSR Coarse Sugar) Rm2.9x2
8. Maggi mee
1. Indomie m/g Asli 4.65x3
2. Curry 2.15x3
9. Horlicks Net 1kg Rm19.9x4
10. Ayam Sardines(oval) Rm6.7x10
11. Milk powder (Fernleaf Richer) Rm27.89
12. Milo 22.69
13. Baked beans (ayam baked beans) Rm2.1x6
14. Biscuits (Munchy funmix) Rm7.5x2
15. Cooking oil (Sri Murni Rfined) Rm13.35x2

Total = Rm 465.33

My neighbour-Aunty Shanti donate Rm200. So it's Rm300+Rm200 = Rm 500

The extra cash flow...we can buy ice and mayb some soft drinks tomorrow...

Visiting orphanage - Rumah Juara from 130pm till 530pm or earlier.

Paper 9 - Taxation

Chapter 1

Malaysian Tax

• Direct Taxes -
  

• Inc T - INC Tax Act 1967 - Inland Revenue Board (IRB)
• Real Property Gains Tax 1976
  

• Indirect taxes -
  

• Sales tax -STA 1972
• Service tax - STA 1975

1. Statute law -
2. Case law - courts
3. Guidelines -
4.Public rulings - inviting tax audit, X comply
5. Advance rulings - must follow
6. Concessions -

Scope of Charge
Section 3
-YA -charge
-Income - S4
-Person

• Resident Company (Paid up C as at BEGINNING of a YA) >RM 2.5 mil - 27%
• 1st Rm 500 K - 20%
  

-accruing in or derived from Msia
-Received- in Msia -from outside Msia

S4
a B
b E
c DID
d RRPr
e PAPe
f GP
A other income

Employment - place of discharging employment duties

MDI - TAXED

• Companies
  
• FSI BASI - TAXED
• other than BASI
• CR exempt inc a/c
• pay exempt dividend of 2 tiers

• Individual
• Exempted

CHapter 2 - Residence status

Individual - part day = 1 day
-Quantitative test based - No of days - present

S7 (1):
(a) - Minimum 182days physically present in Malaysia
(b) - Short period of x days
-linked to / linked by
-182 consecutive days
- in subsequent year
TA
-connected with service - conference, seminar
-ill health - him immediate family spouse children parents
-Social visit- <14days in aggregate
(c) -
-min 90days
-3 / 4 immediate preceeding years *min 90 * Resident
(d)
-3 immediate preceding years =Resident
-the following year = R

COMPANY
-based - management & control
*Decisions -taken direct & control co.
*Policy / major decision
-anyone
-any time
-basis year
-exercised in Msia

Chapter 3 - Employment INC 1

S2- E definition
-Master & servant

FILLED!!

Really busy nowadays...will find the time to blog...
What you wanna know about??