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64 comment(s). Last comment by Income 2 months ago

speakup

27,202 posts

Posted by speakup > 2 months ago | Report Abuse

I don't expect anything good from pmx. Dah kena cheated so many times

ahbah

6,238 posts

Posted by ahbah > 2 months ago | Report Abuse

Election budget coming ?

JJPTR

208 posts

Posted by JJPTR > 2 months ago | Report Abuse

budget Malaysia
tax free for foreign investors...Malaysia to pay gst tax
5billion for Agriculture minister... no question asked
4billion for Felda...no productivity KPI assessment
your boss to give you 5% salary increment... question you left and right.

Income

12,671 posts

Posted by Income > 2 months ago | Report Abuse

Be your own Boss laa.

speakup

27,202 posts

Posted by speakup > 2 months ago | Report Abuse

as expected, nothing good for M40. semua bagi B40 je

Posted by EngineeringProfit > 2 months ago | Report Abuse

Give more to B40 - they have more children to feed after all. M40 got 2 children - the most. T20 either one or childless - need so much money for what

Income

12,671 posts

Posted by Income > 2 months ago | Report Abuse

Posted by EngineeringProfit > Oct 18, 2024 10:16 PM | Report Abuse

Give more to B40 - they have more children to feed after all. M40 got 2 children - the most. T20 either one or childless - need so much money for what



?

I told u。
Vote lovers syndrome happens also in us elections or happy anywhere in democra cy。

Income

12,671 posts

Posted by Income > 2 months ago | Report Abuse

happen* anywhere in democra cy。
Sorry autocorrect gone mad!

Income

12,671 posts

Posted by Income > 2 months ago | Report Abuse

Posted by EngineeringProfit > Oct 18, 2024 10:16 PM | Report Abuse

Give more to B40 - they have more children to feed after all. M40 got 2 children - the most. T20 either one or childless - need so much money for what


?

This will encourage more breeding? Haiss

Income

12,671 posts

Posted by Income > 2 months ago | Report Abuse

2025 fuel subsidy cut round 2 in Jun 2025???

Income

12,671 posts

Posted by Income > 2 months ago | Report Abuse

I told a all food tax。Betul-betul Ada food tax 2025. Matt i wor.

Income

12,671 posts

Posted by Income > 2 months ago | Report Abuse

Year 2026 plastic bags tax coming?

Those unemployed after one yearly be taxed gov.? Ini baru adil.

Income

12,671 posts

Posted by Income > 2 months ago | Report Abuse

Each household no separate rubbish for recycling will betaxed 20% of yearly income in 2026?

Income

12,671 posts

Posted by Income > 2 months ago | Report Abuse

Breeding tax 10% per household in 2026?

Income

12,671 posts

Posted by Income > 2 months ago | Report Abuse

But why no luxury items tax? 2024 the gov cancel it wor,why?

Sslee

7,017 posts

Posted by Sslee > 2 months ago | Report Abuse

U turn and now tax my favorite salmon fish and lobster with SST and spare the rolex, LV, Bijan and etc.

Posted by Balian de Ibelin > 2 months ago | Report Abuse

The reason is because both lobster and salmon are toxic.
Very few wild caught salmon in market.
Most salmon are bred in fish and injected with orange coloring that blinds eye. The whole body of fish farmed salmon is mostly diseased. You dun see anything because diseased part cut off and you eat other parts of same fish.

Best fish not farmed is sardines. It's a low mercury fish you can eat daily 3 times a day.

icecool

5,057 posts

Posted by icecool > 2 months ago | Report Abuse

@speakup
"as expected, nothing good for M40. semua bagi B40 je"

i told you before the m40 class is the sucker class.

ks55

4,311 posts

Posted by ks55 > 2 months ago | Report Abuse

Nothing came out from Budget 2025. Life is going on macham biasa.

StarOfTheBull

8,061 posts

Posted by StarOfTheBull > 2 months ago | Report Abuse

Development expenses 86 billion only (same as 2024), operating expenses 335 billion 😨, 13.5 billion more than 2024. Minimum wage to be increased from 1,500 to 1,700.
Smart investors surely will know between construction related stocks and consumer related stocks, which one is better. 🤔

pang72

51,982 posts

Posted by pang72 > 2 months ago | Report Abuse

In summary the worst budget ever.
In conclusion, cut subsidy + incur additional tax and wages - > operation shot up rocket - > profit reduce-> share price goes down--> investor losing money

Income

12,671 posts

Posted by Income > 2 months ago | Report Abuse

Latest 2 by erections won la. They don't care。Tax m40 for B40 laa.
M40 doesn't send the mesej to gov. That's the problem.

ahwong95

166 posts

Posted by ahwong95 > 2 months ago | Report Abuse

i agree its one of the most boring budget ever

Income

12,671 posts

Posted by Income > 2 months ago | Report Abuse

Balian de Ibelin

Best fish not farmed is sardines. It's a low mercury fish you can eat daily 3 times a day.
19/10/2024 9:56 AM

?

Best fish is ikan Bilis。
Bcos of tax inflation, l am B40 eat only these:
I eat 1 to 2 Fishes everyday (only ikanbilis) bcos can't afford full big fish。
I eat 1 to 2 eggs everyd ay ( quail egg ) I can't afford chicken eggs。
I eat without sugar tea everyday ( sugar tax),dark tea only without sugar.
l eat half a quail bird a day (bcos floating price chicken soon)
I eat ubi kayu now since rice prices already increased a lot.
How? Hidup susah

Income

12,671 posts

Posted by Income > 2 months ago | Report Abuse

Forgot to add
I eat Kangkong vege every day because Bossku said can buy with Rm1.00 bahhh

Sslee

7,017 posts

Posted by Sslee > 2 months ago | Report Abuse

Government keep on borrowing/printing money for unproductive borrowing interesting payment and operating expenses 335 billion 😨, 13.5 billion more than 2024. Minimum wage to be increased from 1,500 to 1,700.

Very soon Ringgit to USD will depreciated back to 5

Income

12,671 posts

Posted by Income > 2 months ago | Report Abuse

Rm now is strong u better buy sing dollar. Protection for yourself

StarOfTheBull

8,061 posts

Posted by StarOfTheBull > 2 months ago | Report Abuse

"In summary the worst budget ever.
In conclusion, cut subsidy + incur additional tax and wages - > operation shot up rocket - > profit reduce-> share price goes down--> investor losing money."

""""""""""""""""''"
Government does not care much if share prices drop because investors sell their shares (most likely REIT) due to the 2% tax on dividends above 200,000.
Political parties are only interested to have your votes. A poor citizen contribute one vote, a rich citizen also contribute one vote only.

speakup

27,202 posts

Posted by speakup > 2 months ago | Report Abuse

no wonder many REITs last minute big selldown yesterday
insiders dumping!

StarOfTheBull

8,061 posts

Posted by StarOfTheBull > 2 months ago | Report Abuse

What if an investor receive above RM200,000 from holding REITs units with average dividend yield of 5%?
5% minus 2% tax minus risk 1% (assumption), balance dividend 2% only.
Would he/she shift it to bank FD or government bonds instead?🤔

Posted by Balian de Ibelin > 2 months ago | Report Abuse

Solution is to migrate overseas
Balik Tongshan, many people tells you to go anyway.

pang72

51,982 posts

Posted by pang72 > 2 months ago | Report Abuse

This country is going to hopeless.
Goverment shld encouraging people invest in stock with good fundamental and good dividend pay out.
But, imposing tax to kill the old uncle untie dividend saving...

As of SME to impose higher wages, cut petrol subsidy to kill their business..

Our country will be PRO B40...
WELCOME EVERYONE TO JOIN B40

pang72

51,982 posts

Posted by pang72 > 2 months ago | Report Abuse

If you are not poor like B40, I will make you to be B40 one day..
Out hope in future!!

pang72

51,982 posts

Posted by pang72 > 2 months ago | Report Abuse

Why not impose the dividend tax across the board including institutional fund to be fair?
Since it is not fairly tax which is double taxing as claimed by expert.

StarOfTheBull

8,061 posts

Posted by StarOfTheBull > 2 months ago | Report Abuse

"But, imposing tax to kill the old uncle untie dividend saving...

As of SME to impose higher wages, cut petrol subsidy to kill their business.."

""""""""""""""
Not many ordinary senior citizen receive dividends exceed RM200,000 p.a. anyway.
Fuel subsidies is actually wrong at the very beginning. Look at neighbouring countries Singapore and Thailand, where got fuel subsidies?

DickyMe

14,932 posts

Posted by DickyMe > 2 months ago | Report Abuse

Budget to feed privileged beggars.

StarOfTheBull

8,061 posts

Posted by StarOfTheBull > 2 months ago | Report Abuse

"Why not impose the dividend tax across the board including institutional fund to be fair?
Since it is not fairly tax which is double taxing as claimed by expert."

""""""""""
Agree, double taxing is true, because calculation of dividend payout is based on cash flow and net profit after tax.

StarOfTheBull

8,061 posts

Posted by StarOfTheBull > 2 months ago | Report Abuse

* Investments in equities do not guarantee return with dividend, risks involved.

Sslee

7,017 posts

Posted by Sslee > 2 months ago | Report Abuse

Repost:
I am trying hard to build a portfolio that earned me 200-300K after retirement so now gorvernment wants to tax 2% on my dividend

Know what all the super rich did not hold too much share directly under their name but indirectly under their private companies. So how to tax them?

Sslee

7,017 posts

Posted by Sslee > 2 months ago | Report Abuse

Government intention is to tax prudent investor that like to invest in companies that can pay dividend and encourage more people into those fly by night speculative stocks.

Income

12,671 posts

Posted by Income > 2 months ago | Report Abuse

Repost:
Posted by getingreal > Oct 19, 2024 2:02 PM | Report Abuse

I am a foreign investor and have a portfolio of Malaysian counters most that I have accumulated over the last 30 years. I am retired, and I live quite comfortably on my Dividend Income. My Dividends on my Malaysian Stocks exceed RM100K per year so this new 2% tax catches me. I issue I have is not paying 2% on dividends I receive over RM 100k, it's how that's processed. As of now I don't have taxable Malaysia income as my dividend income was taxed already. With this proposed new tax Now I will have taxable income in Malaysia requiring me to file a Malaysian tax return. This is not a simple matter. As a foreigner I will be required to engage a registered Malaysian Tax Agent (Cost RM10,000 to register with one) and they will file my returns each year charging me 250 for each source of income (say 20 counters x 250= RM 5.000 per tax return).
The cure is relatively simple, I will sell most of my Malaysian shares to ensure my total dividends in Malaysia remain less than RM100,000. I will take the proceeds sell Ringgit and buy Singapore Dollars to invest the equivalent funds in Singapore. The Singapore dividends will not be taxed in Singapore or Malaysia. I will sell Maybank and buy UOB. Bad for Malaysia as my funds are withdrawn from Malaysia, and good for Singapore as I invest there instead. Dividend yield Maybank Vs UOB is quite similar. This I avoid the hassle, and the costs associated with having to deal with tax returns in Malaysia.

Income

12,671 posts

Posted by Income > 2 months ago | Report Abuse

Foreigner can run&invest in Spore or other place. But rich helividend Sslee can't run to invest and get dividend shares in Spore。

Income

12,671 posts

Posted by Income > 2 months ago | Report Abuse

If sslee sir avoid helividend. He has to buy many Cap Ayam counters in Bursa。Gor wants us to support Cap Ayam like Cap A, stony company.,
Sslee please don't ridicule Stony CapA or AAX company.
You wants Cap Ayam counters to prosper?

Sslee

7,017 posts

Posted by Sslee > 2 months ago | Report Abuse

Even if capA start to give dividend. As individual Stony still pay zero dividend tax because he hold capA share indirectly thro' his private companies.

Income

12,671 posts

Posted by Income > 2 months ago | Report Abuse

I don't want to buy Bursa companies giving out heli vidends,
I will buy C ap Aya m companies to avoid headaches becos I aim to become millionaire and I don't to fialling for Lhdn 2% helividends tax. Must practice earlier to buy only cap Ayam companies Bursa has.

Income

12,671 posts

Posted by Income > 2 months ago | Report Abuse

Sslee sir, u see service tax increases from 6% to 8% in 2025. Your Jtiasa will give helividends quite a lot and will be tax ed 2 % in 2025,In 2026, helidividend will be taxed4%。Surely will increase tax because service tax increases from 6% to 8% in 2025 show us the tax trends?

Income

12,671 posts

Posted by Income > 2 months ago | Report Abuse

Who is addicted to tax?

Sslee

7,017 posts

Posted by Sslee > 2 months ago | Report Abuse

See Stony no need to pay dividend tax from his indirect holding on RCUIDS.
Government mana ada tax the rich?

THIRTY LARGEST RCUIDS HOLDERS
Name of RCUIDS holders
No. of
RCUIDS held %
1 Citigroup Nominees (Tempatan) Sdn Bhd
Kenanga Investors Berhad For Sky Accord Sdn. Bhd.
343,028,359 36.386

DIRECTORS’ RCUIDS HOLDINGS
No. of RCUIDS
Direct
interest %
Indirect
interest %
Tan Sri Anthony Francis Fernandes - - 343,028,359(1) 36.387

Income

12,671 posts

Posted by Income > 2 months ago | Report Abuse

Sslee sir, then you buy RCUIDSlike stony did and no helividends taxes?

Income

12,671 posts

Posted by Income > 2 months ago | Report Abuse

If I have money, I will by spore shares. But I also will be taxed 2% for foreign dividends。Mati langkah.

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