I own and rented the property, without having business at all in malaysia, lets say in 2006 I colleted RM28800 from rental and pay the property agent for RM3200 for commision. How much Tax I should pay?
2007-01-28 00:21:15 · 3 answers · asked by sudarsonoliyis 2 in Business & Finance ➔ Renting & Real Estate
Ask your local bank
2007-01-29 10:59:20 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I went foreign places for 2 years, a at the same time as in the past, and rented out my sources. And it become properly worth it. certain, I had to pay tax, yet there are particular prices you may set adverse to that tax. I used an agent, who became out to be very strong. She saved receipts for all mandatory upkeep, which i become able to apply to lessen the tax bill. We opened a separate economic corporation account, only for the letting, in both the brokers call and mine, so as that each and every thing become neat and tidy for the Inland gross revenues. This also made it basic for her to apply my money for mandatory upkeep, and so on. i'm no longer effective what the tax cost is at present, notwithstanding it become far extra effective than leaving the sources empty for 2 years!
2016-12-03 03:40:40 · answer #2 · answered by ? 4 · 0⤊ 0⤋
i u have time. just drop by LHDN..
they should know how to calculate the Tax renting form.
dont just go around & ask ppl.. they might give u wrong info..
2007-01-29 14:29:03 · answer #3 · answered by azayi1 5 · 0⤊ 0⤋