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Old 06-09-2007, 04:32 AM
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Transfer money from UK to Malaysia for tax purpose

hi

now all of my adsense earning are deposit into my uk bank through electronic fund transfer ( i am in malaysia ).
I will then withdraw my money in malaysia using atm in Malaysia.
The uk bank atm card doesnt charge me any foreign exchange fee nor commission, and the rate is better than TT transfer.
So the problem is , i didnt deposit the adsense cheque in Malaysia bank which meant there isnt any earning record. I wont able to buy car or house (yes i can, and for sure income tax ppl will find me).
So my question is, how can i transfer my money in uk bank to my malaysia sole proprietor bank account. So that i can record?

Thanks
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Old 25-10-2007, 02:36 AM
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My situation is similiar to you. I am in Singapore and my adsense check to Malaysia bank account.

My case is I am not a MY resident because I am not staying in MY for 186 days and the adsense earning are consider as earning from foreign country. So it's not taxable.

If you have a sole pro company then it must be under the correct busines sector, then only its consider a sale.

BTW whats your earning figure per month?
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Old 25-10-2007, 02:49 AM
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finally someone replied
will pm you
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Old 25-10-2007, 08:45 PM
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the figure from you both should be very huge... my adsense just achieve USD100, and wan to look for a right way to cash out with the maximum conversion without much charges...

by the way..almost 1 year i start my adsense, since DEC 06
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Old 25-10-2007, 09:17 PM
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jia you !!!
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Old 26-10-2007, 12:07 AM
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calvynlee:
if you are referring check deposit in MY bank.
CIMB seem to have the lowest charges/fees.
Double check

Cheers
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Old 26-10-2007, 12:10 AM
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Quote:
Originally Posted by premierlifestyl View Post
calvynlee:
if you are referring check deposit in MY bank.
CIMB seem to have the lowest charges/fees.
Double check

Cheers

whats the rate? i bank in to maybank al the way.
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