Apr 12, 2009

How to save on tax in Malaysia??


Yo guys! April is tax payer month in Malaysia. Here some tips on how to save or escape from paying tax and benefit to your self. Instead of paying to the government (a.k.a IRB @ LHDN - Lembaga Hasil Dalam Negeri), it would be much better you pay to yourself or for your families/children because you work hard all year from 8 to 5 (or more). This is only applicable for individual. If you owned a company, consult with your tax advisor.
  • Save for your children's education with Skim Pendidikan Nasional (Up to RM3,000 in tax relief)
  • Ask your employer to increase your EPF contribution in lieu of income (up to RM6,000 tax relief - shared with life insurance)
  • Change your cash remuneration to cash reimbursement (for benefit-in-kinds that are not entitled to tax exemption)
  • Ask for a company car (part of remuneration repackaging)
  • Make charitable contributions (individuals get rebates of up 7% of their aggregate income)
  • Take up postgraduate studies (tax relief of up to RM5,000)
  • Read, read, read (tax relief of up to RM1,000 for reading material purchases)
  • Get Sporty (tax relief of up to RM300 for purchase of sports equipment)
  • Buy life insurance (tax relief of up to RM6,000 - shared with your EPF contribution)
  • Take up a medical insurance shared together with education policy (tax relief of up to RM5,000)
  • Pay your parents' medical bills (tax relief of up to RM5,000)
  • Do a medical check up (tax relief of up to RM500 for yourself, spouse or children) and medical bills for serious illnesses tax relief of up to RM5000 (combined with medical check up should not exceed RM5,000)
  • Pay zakat for muslim (rebate of up to 2.5% of your aggregate income)
  • Buy a computer (tax relief of up to RM3,000 every 3 years)
  • Buy propery at or below RM250,000 (50% stamp duty exemption, extended to loan agreements under budget 2009)
  • Buy similar property (if similar properties are group together, you can reduce the taxable profit made from one property with the loss, if any, incurred from the others)
(Excerpt from Personal Money April 2009 issues)

Hope this helps. Sharing is caring :P

Apr 11, 2009

Lazy Sunday

zzzzZZZZZZzzzzzzzzzzzzz

My Car is still at workshop.



Dunno how long more it takes.

Apr 10, 2009

London for Backpackers



I think everyone in the world know where London is. Flight cost can be pretty much expected. Here what I have found recently. One stop portal for those who want to go London. I can say that it is almost the "wikipedia" of London. All information about London is stored the portal. The information and everything you need is at your finger tip at the portal: http://www.qype.co.uk/

First impression of this portal, it is well categorized and it makes easy for visitor to google what they really want to find in London. This London wikipedia website also provide GPS-like or Google-earth-like map. Just click on the map, it will display anything in that particular area that you click. i.e: if you click on Southwark, the information will be displayed from restaurants, bar, entertainment, hostels etc available in Southwark.

As a tourist who has been to many places around the world, pre-plan itinerary would be helpful to reduce cost and save time. One need to consider the following to go to London:
1. A place to stay; hotels vs. hostels London
2. Good restaurants

Knowing London one of the biggest and expensive in the world, I would suggest anyone to choose hostel especially backpackers. There are about 200 plus hostels in London. The hostels London is as good any low cost hotel. From the portal, it also gives review and you can filter out and it can be sort from good to worst or vice versa. Additionaly, it also provides website so that you can pre-online booking without hesitation. The portal will provide you a good place to visit nearest to hostels that you stay. It makes your journey worthwhile and save cost.



As multi-cultural city, London serves many cuisines from all around the world. If you know the right restaurants and good review, you will not regret every single dime that you spend for food. For those who love indian food (for your information, many indians migrate to London and Indian is considered as one of the highest migrating foreigner in London); you can't really miss the indian cuisines; be it Southern or Northern Indian Cuisines. Try the indian sweet like gulab jamun or indian spicy like kebab or briyanis. You can find plenty of Indian Restaurants London.



Nice Capati in London




Tasty Dosa in the heart of London

You can find "Little India" just like any other China Town. You'll be amazed!

In summary, the portal gives information that visitors need. The best damn thing about the portal, it supports multi language; major language which is English, spanish, german, French. To make the review is accurate and reliable, every reviewers must be a registered user and login is required.

The only disadvantage of this portal is that, to do pre-online booking; you have to open another website through URL address provided in the website.

Apr 8, 2009

Gateway to Jesolo Italy

Gateway to Jesolo Italy

Anyone know about Jesolo? I don't know about it since I have never been to Italy. I only know Rome, Pisa Tower, Venice and all those historical places in Italy. Jesolo is not famous for its history. It fames as one of the best beach in Italy. The town lies north of Venice, between Eraclea and Cavallino-Treporti.

Weather in Hotel Jesolo? Damn good! Humid, hot and shiny. best place to get your sun tan.

What about accommodation like a place to stay? There’s a few Hotel Jesolo. One of the recommended hotel in Jesolo; Park Hotel Brasilia. Park Hotel Brasilia, is ideally located in the East area of Lido di Jesolo away from traffic crowd and few steps from the main shopping street which, in the evening, is a pedestrian area.




The interior of the hotel conquests with the gentle design and soft colors of furniture and d├ęcor. The stunning landscape is accomplice of the evenings, by candlelight, in the refined restaurant Ipanema.

The rate is quite reasonable and equipped with facilities like pool, gym. And now the hotel is giving best offer and best deal, and you can save cost on this.

Park Hotel is rated as hotel 4 stelle jesolo which meant it is 4 star rating. With 4 stelle rating, it should be safe for tourist to visit Jesolo, Italy.

One thing that really confuse me is the name. When I first read Park Hotel Brasilia, I thought it is located in Brasil. If you go to the website, it lack of information on spa, masseur and what kind of cuisine they have. As a tourist or hotel guest, I'd like to see every detail thing provided from A to Z.

As you can see the picture below is the view of hotel jesolo lido, yes the Lido Di Jesolo!!


Location of hotel jesolo lido? It is isolated from traffic jam, city crowded and away from polution. You can have a peace of mind here at Hotel Jesolo. I forgot to mention about Gondola Ride. You can stay here Hotel Jesolo and then go for Gondola Ride because Jesolo is a town and located in the province of Venice, Italy.



What to eat? there's a few hotel in hotel Jesolo. You can enjoy nice and finest cuisines around this area.

What else? Yes, shopping! You can't miss it. Plenty of souvenirs to be bought in Jesolo, you name it.

Despite other thing that I mentioned above, everything else should be fine. Enjoy your trip if you were going to Lido Di Jesolo, Italy. Enjoy it the italian way :)