Quote:
Originally Posted by louiss
Really? I want to owe my own car. not with other people name.  |
no point asking here .... get yourself a tax / account expert to sort out 4 u loh...
but the simplest part is form a soleprop cpy and get all your earned money into that company... so all income is become taxable....
you buy cars using that cpy $$$... and write that as expenses to the company and start claiming your transportation fees, car maintenance fees, entertaiment fee, utility bills fees to the cpy... if your parent or siblings are not working even better coz u can just issue them a yearly 8K cash bonus each so that i cut short on the tax....
btw.. i'm not expert in this, i would suggest you to get urself a proper account/tax consultant to sort it out for you loh.... don't be so stingi okiee... earn 100++K per year cannot affort to pay a few K for a consultant mehh.....
