EPF 8% Means Paying More Income Tax..(For those in Malaysia)

20 Nov EPF 8% Means Paying More Income Tax (For those in Malaysia)

A friend of mine sent me a email showing how if you are contributing 8% that would effectively mean you pay more tax! This may apply for those who earnings are above a certain amount. Have a look at the calculation below :

Assume monthly basic salary is RM4000If 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 through the greater amount of income tax that we will have to pay every month. Obviously this measure does not seems to help the market at all. So you still lazy to fill up that form??

前2日收左个徒弟女。。。

19-11-2008 收左个徒弟女。。系啊，系个女仔，仲系个靓女。。其实系我住院时，隔离床“同病相怜好兄弟”的女朋友。不过我就同我“好兄弟”失去联络左，反而同距女朋友变成师徒关系（应该系距前女友。。徒弟女睇左吾好打我啊。。咔咔）

前几日，同徒弟女倾倾下就收左距为徒。。（都吾知距系埋想接近我而做我徒弟。。咔咔）死罗，我以家埋好危险。。警察叔叔救命啊！！

出院到以家都未见过距，吾知距变成点。。不过就知道距剪左个短发。。当我知道距同我好兄弟分手时，都伤心嘎。。至少都睇过距地点系医院打情骂俏啊。。呵呵。。希望徒弟女会同我讲到底发生左咩事啦。不过点都好，日子都系要过，我地条路仲有好长嘎。。。

用广东话打篇短文吾易嘎，我仲系未打过。。竟然将我“第一次”俾左我徒弟女。。（吾好误会，系第一次用广东话打篇短文的第一次。如果吾系，会有好多靓女揾我徒弟女报仇嘎。。哈哈）吾紧要啦，为左纪念距成为我徒弟女，值嘎！！

19-11-2008 - in Guangzhou again..

15-11-2008 arrived at Guangzhou Baiyun International Airport. not much changing in the airport. still, i got a warm smile from my driver like everytime i arrived at guangzhou. he took my luggage up to the car and said: "欢迎回来，jam-ssy."(welcome back, james) "how are you? u recovered?"he continued. "ya, i have recovered. but of cause, i need to take good care of myself." i replied, same like what i have been replied to more than hundreds people who asked me that question. sometimes im wondering, do they really care about me? or it just a kind of manners?

arrived at my hostel, it was clean and everything's at the same place since i left. i smiled. and thats why i treat him lunch after that, i know he is the one who keep everything clean. thank you, dicky. i straight away went to the office after i unpack my luggage. there is no one there in my department. i opened the door and stood for a while. i still remember how was my staff were chatting and laughing there. and they all ran back to their seats when they saw me stood at the door. but now its empty. i smiled again. i on the light, unpack my documents, switched on my laptop. and spent a few moments staring at the screen. i took 2 months unpay leaves and back to malaysia after my operations. and now im here again in my office and was wondering what is waiting for me.

that night, my god-bro forced me out to the club and we left at 1something in the morning. not much gorgeous girls and boys there and they had old songs. but some how they managed to make the crowd high with great performances. not bad after all...

and here i am, at the office typing this journal, in a corner of guangzhou, at the southern china. still need to re-categories the new job my boss past to me on monday. i wont do this if it was last time but now, i will.. because i have decided everything. yes, everything...