Higher property tax for most 3-room HDB flats, all bigger units from Jan 1, 2022: Iras

[Ahwhye]

4 hours ago, Silverkris said:

Never understood this tax. It is taxed assuming that you have leased out your flat and therefore imposed a tax on your "income", but HDB restricts us in leasing out our unit during MOP. 

but the actual fact is people just leased flats from HDB, albeit super long term, shouldn't HDB be paying instead? rofl 🤣

[Throttle2]

Just received SMS

my prop tax up by about 15%
 

lai liao lor, take back every cent, slowly but surely

[Beregond]

dun talk about sg,

even up north our neighbour also got new taxes.

from next year onward. any money transfer into my, MY gov will tax 3%

my worker already kpkb

[Volvobrick]

5 minutes ago, Throttle2 said:

Just received SMS

my prop tax up by about 15%
 

lai liao lor, take back every cent, slowly but surely

"Slowly"? I think next year will be fast and furious, starting with 9% GST....

[kobayashiGT]

1 minute ago, Beregond said:

dun talk about sg,

even up north our neighbour also got new taxes.

from next year onward. any money transfer into my, MY gov will tax 3%

my worker already kpkb

remittance also can tax? woah.

Bitcoin to the moon!!!!!

[Inlinefour]

34 minutes ago, kobayashiGT said:

remittance also can tax? woah.

Bitcoin to the moon!!!!!

Soon all crypto wallet must pay tax too 🤣🤣🤣

 

BTW matt damon crypto app safe Bo?

[Fitvip]

HDB flats are on 99 years lease. Shouldn't the annual value be decreasing, just like the COE value of motor cars?

Why is the annual value increasing when the actual value of the flat is depreciating year after year?

[Kopites]

1 hour ago, Fitvip said:

HDB flats are on 99 years lease. Shouldn't the annual value be decreasing, just like the COE value of motor cars?

Why is the annual value increasing when the actual value of the flat is depreciating year after year?

Answer.

When you sell it is treated as appreciating and not depreciating. 

[kobayashiGT]

2 hours ago, Fitvip said:

HDB flats are on 99 years lease. Shouldn't the annual value be decreasing, just like the COE value of motor cars?

Why is the annual value increasing when the actual value of the flat is depreciating year after year?

You think like a philosopher. hahahaha.

But the politician thinks otherwise thou. hahahahaha

[inlinesix]

3 hours ago, kobayashiGT said:

remittance also can tax? woah.

Bitcoin to the moon!!!!!

He talks like his worker la

https://home.kpmg/us/en/home/insights/2021/11/tnf-malaysia-tax-foreign-source-income-remittance.html

All foreign income remit to Msia is taxed at 3%

[Fitvip]

12 hours ago, kobayashiGT said:

You think like a philosopher. hahahaha.

But the politician thinks otherwise thou. hahahahaha

Huh? You say I lo so?

[Othello]

21 hours ago, Beregond said:

transport fee up

utility bill up

Higher property tax

When gst increase coming??

Actually we should be more happy when gov dun give us free money. Once u receive free money, u know its coming liao😅

 

thing is free money is periodically. But such increase is for life. Will never go back down one. 

[kobayashiGT]

1 hour ago, Fitvip said:

Huh? You say I lo so?

I where dare. ahahaha. Spare me boss.

[Fitvip]

1 hour ago, kobayashiGT said:

I where dare. ahahaha. Spare me boss.

[Ingenius]

Price increase is inevitable, just as cost increases.  And company profit has to increase first before increasing salary.  It's a cyclical occurrence. 

Edited December 3, 2021 by Ingenius

[Kyrios]

On 12/2/2021 at 1:23 PM, Beregond said:

transport fee up

utility bill up

Higher property tax

When gst increase coming??

Actually we should be more happy when gov dun give us free money. Once u receive free money, u know its coming liao😅

 

Bus/train fares up too. Petrol up. Hawker foid prices up. Salary no up.

Edited December 3, 2021 by Kyrios

[13177]

23 hours ago, Volvobrick said:

"Slowly"? I think next year will be fast and furious, starting with 9% GST....

Which month in 2022 will GST up to 9% ah?

[Volvobrick]

8 minutes ago, 13177 said:

Which month in 2022 will GST up to 9% ah?

Gahmen annual Budget starts 1st April start.....no joke! 😅

Stocking up toilet papers?