yatekhram jr pwetty pwincess

Thursday, November 20, 2008

EPF 8% Means Paying More IncomeTax

EPF 8% Means Paying More IncomeTax ( For High Income Group )

Just to share an emel i just received bout new EPF deduction..
Just copy & paste here.

EPF 8% Means Paying More IncomeTax ( 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?

So...Lu pikirlah sendiri :D

* Adoyaaaaaaaaaaai bykla keja haku pasneh beratus EPF staff pulak dah kena tuka.

Sekian,dari Meja Human Resources Department.

Nota kaki to my fellow readers,later-later cite yatekhram pulak yea,tade mood ahh since camera kesayangan rosak,rase tak meriah je entry kalo tade gegambo santekk :( :(

Bee.....nak DSLR boley?


Mrs. Amie said...

selama nie bayar epf je tanpa pikir duit tue ke mana kan? ishh..bazir la...agagag

Yat Ekhram said...


maksudnye kalo u just nak potong 8% epf so u kena bayo income tax lebih..income tax tu masok kat gomen..

So kalo i la,better kekalkan 11% EPF yg skrg bcoz tu consider saving kite di hari tua sok :)

Btw,yg 8% ni tak start lagi,bulan 12 kot..itupon employee option,bukan paksaan.

Anonymous said...

seb baik kerje kapal
xyah bayar income tax ...


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