As announced in the news, NBC office will be closed on 6 May 2013 (Monday).

For more details, please visit here

502 total views, 2 views today

Make your vote counted on 5/5/2013 and let’s vote for the future of our country.

Whether BN or PR, that’s your choice!

Personally hope that the newly elected government (BN or PR) will deliver their promises made in the election!

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Inland Revenue Board (LHDN, Lembaga Hasil Dalam Negeri) has extended the deadline for personal tax return submission and balance of tax payment for employment income to 15 May 2013.

The extension of due date is only applicable to taxpayers who opt for E-Filing submission.

However, for taxpayers who choose to do it manually will have to submit their tax returns (Form BE) latest by 30 April 2013.  Read more ›

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A lot of people get confused when they thought that the income tax has already been taken care of by the deduction of PCB from their salaries. They have assumed that taxes have already been paid and no need to pay tax any more.

This is WRONG! Totally WRONG!

That’s the main reason why many people only realised that they still owe LHDN tens of thousands tax when they about to retire!   Read more ›

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Every individual is subject to tax on income earned in Malaysia or received in Malaysia from outside Malaysia. Income earned in oversea remitted to Malaysia by a resident individual is exempted from tax.

The following table is applicable to those income earned in 2012 and tax submitted to LHDN in 2013: 

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Dear our Valued Clients/Friends/Associates/Business Partners,

In conjunction with the celebration of 2013 Chinese New Year, our office will be closed from 11 to 15 February 2013. We will resume business as usual on 18 February 2013 (Monday).

Thank you and wish you have a warm and wonderful season.

Best Regards,

Tony Ng
Managing Partner
NBC Group of Companies

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Image courtesy of rakratchada torsap / FreeDigitalPhotos.net

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Budget 2013: Driving Transformation Towards A Developed Nation

Budget 2013 Malaysia was tabled by Prime Minister Datuk Seri Najib Razak in Parliament on 28 September 2012 from 4:00pm to 6:00pm. and this budget is considered people and business friendly, based on the fact that this year will be high likely the Election Year!

Budget 2013 Highlights

Bantuan Rakyat 1Malaysia (BR1M2.0)

RM500 (instead of RM250, correction after much clarification in the news) assistance money for a household earning less than RM3,000.

Read more ›

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Prime Minister Datuk Seri Najib Tun Razak spent about an hour tonight (Thursday) to survey final preparations for the 2013 Budget at the Finance Ministry, here.

His arrival, accompanied by wife Datin Seri Rosmah Mansor, was received by staff and officers of the ministry who were involved in preparing the budget.  Read more ›

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The Life Insurance Association of Malaysia (LIAM) has proposed the government give a separate tax relief of RM6,000 on insurance premiums alone in Budget 2013.

In a statement today, LIAM said currently, a yearly tax relief of RM6,000 was given on the aggregate of insurance premiums and Employees Provident Fund (EPF) contributions. Read more ›

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Netizens will have an opportunity to ask the Prime Minister Datuk Seri Najib Tun Razak about the country’s spending plans for next year during a #TanyaNajib online Q&A session on Oct 3.

Datuk Seri Najib Tun Razak, in a posting on his blog (1malaysia.com.my), invited Malaysians as well as foreigners in the country to submit questions to him on measures in Budget 2013 which he will table on Sept 28.  Read more ›

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