The latest and the best financial news, tips and tricks.
Budget 2019 was expected to be a burden with the introduction of the new taxes, plus the pre-budget warnings that it will be the most difficult budget ever. The new taxes include a soda tax, digital tax, as well as a departure levy – to name a few. Click to read about all the taxes […]
In Malaysia, many people make the mistake of forgetting to pay their taxes, only to remember when the back-taxes have already piled up. While some manage to pay it off, others end up having to seek financial aid from loan companies.
Remember the Digital Tax mentioned in the tabling of the 2019 Budget? The bill has now passed in the Dewan Rakyat. The tax is set to be imposed on foreign digital service providers starting 1 January 2020. Deputy Finance Minister Datuk Amiruddin Hamzah explained that the upcoming digital tax has a lower rate than that […]
Filling income taxes in 2019 don’t have to be complicated for Malaysians – especially new tax-payers! If you want to know how to get started and know the tax reliefs & benefits for you, read on!
A new year is upon us, along with opportunities and new beginnings! It is the perfect time to make big changes in your financial habits too. Because no matter how much you make from your job, some tweaks in how you handle your money can go a long way to improving your finances.
2018 is coming to an end, paving the way for 2019. It will be the start of a new year under a new ruling government, and a 2019 Budget that is quite different from before. What has happened this year for Malaysia, and what is to come? In last year’s Malaysia personal finance roundup, we […]
There’s just so much to read about the Budget 2019. Among the many topics, not all will be applicable or relatable to each individual. Want to get up to speed on what matters to you in the Budget? These are the infographics to see.
Our Closing Thoughts on Budget 2019 Adoi – that was a lot to take in! Lim Guan Eng was, admittedly, speaking so fast that we had a hard time catching up. This budget announcement was heavy and carries three significant themes: Institutional Reforms People’s Well-being Pollution & Entrepreneurial Culture The total budget allocated for 2019 is total of RM314.55 […]
Updated: 31 October 2018 Income inequality, income gap, income disparity, these are all different words that refer to one simple thing – some people make more money than others. This is a sensitive issue to discuss within society because it involves a person’s salary. But how does the difference in salary matter?
Source: The Star Tax-paying individuals and companies with outstanding income tax refunds in the past 6 years will be able to offset the amount for the taxes payable in the current year. There’s a whooping total of RM16.046 billion of unrefunded income tax and real property gains tax! The current MoF (Ministry of Finance) has […]
Update: Read the results here: Do you buy a House or Car first? [RESULTS] Call it the “coming of age” or the “they’ve all grown up” phase from the parents, but at some point, in your working life, a mostly unavoidable question will appear: “To buy a house or buy a car first?” To buy a […]
[Updated on 29th July 2018] Do you need a driving license in Malaysia? Before you signup with a driving school, this article will help you understand the types of driving licenses in Malaysia and the various fees that are involved.
Let’s get the facts straight; Malaysia has financial obligations amounting to RM1.087 trillion ringgit, as at December 31, 2017. This includes Federal Government Debt, Government Guarantees, and lease payments for Public Private Partnership (PPP) projects such as construction of schools, hostels, rental, maintenance of roads, police stations, hospitals, etc. The official Federal Government Debt of RM686.8 billion equates […]
It’s tax filing season again! Do you know how to file your personal income tax? Is this your first time or are you one of those who forgets the details (as this only happens once a year). That is why we have made a quick guide to file your income tax 2018. Related: [LIVE] Budget 2019 Malaysia […]
AirAsia not only offers affordable flight tickets but as a BIG Member, you can also redeem flight tickets to your dream destinations without using up all of your hard earned BIG Points. One Malaysian managed to redeem a return flight ticket to Manila for Zero BIG Point (excluding airport taxes and processing fees), not only […]
After the Budget 2018 announcement, we spoke to several experts in the personal finance industry for their opinions. Throughout the article, we will highlight some of the policies and arguments made by the experts towards the effectiveness and efficiency of the policies.
If you are a traveller at heart, then you truly understand the excitement whenever AirAsia announces its ‘Sale’ or ‘Zero Fare Seats’ promotions. Though a flight ticket to our neighbouring countries can be relatively affordable these days, AirAsia BIG Points has made it easier for us to fly for free!
What is an air miles credit card? An air miles credit card gives you air mile points for every RM you spend locally and even overseas. You don’t have to spend on travel-related items or air tickets to earn miles; spending at restaurants, retail, or online shopping counts as long as you charge it to […]