TIU NIA SENG!
This only will affect the Gross income between RM2870 - RM6250.
English Translation :
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?
假设 薪水RM4000,
- 选择 EPF 11%也就是RM440,taxable income 是RM3560,所以tax RM77
- 选择 EPF 8%也就是RM320, taxable income 是RM3680,所以tax RM109
TIU NIA SENG!
有没有这样的可能?政府揾我们笨!
TIU NIA SENG!
Wednesday, November 19, 2008
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