Lowyat.NET: Latest topics by Sky_Q

Intention to Purchase EV ($$REWARD)

Sky_Q — Tue, 30 Apr 2024 18:45:47 +0800

Hihi Low Yat Folks,

I'm currently pursuing MBA at Universiti Teknologi Malaysia (UTM). I would appreciate if you're able to take 5 - 10 minutes to complete this survey questionnaires. Your responses will be kept confidential except for academic review purposes. Participation is voluntary and will be appreciated.

Please use the link below for the survey. Thank you.

https://forms.gle/Btw4sEY83jNbAnFP9

As a token of appreciation, reward will be given to lucky participant in completing the questionnaire correctly with following quantity of prize of up to RM100 as stated below and winner will be chosen using https://wheelofnames.com/ with prize to be given away on 31 May 2024 or as at and when the number of respondent have been fulfilled.

Boost Reward : RM 10 X 2, RM2 X 15
Touch n go Reward : RM 10 X 2, RM2 X 15

Or you may forfeit above lucky draw and opt for immediate tng or boost rm0.50 reward. pls pm me your last 4 digit of mobile number if you want this instead.

Alternatively you may choose to forfeit above prize draw and opt for immediate RM0.50 reward via boost or touchngo and please dm me with your email address once you've completed the questionnaire and i will verify before sending you the RM0.50 reward (*within 5 working days).

Rest assured, your data is important to me and will be used STRICTLY for academic purpose only.

**ALL DATA IS TREATED WITH UTMOST CONFIDENTIALITY AND WILL NOT BE USED FOR PROFIT-MAKING PURPOSES EXCEPT FOR ACADEMIC PURPOSES**

Liquidated ascertained damages (LAD)

Sky_Q — Mon, 08 Jun 2020 19:51:59 +0800

In reference to the below article and Under the Malaysian housing law, the period of completion and handling over vacant possession for landed property is 24 months and for subdivided building is 36 months. To quote the specific act, Schedule H agreement determines that the property should be completed and delivered 36 months from the date the agreement is signed.

https://www.thestar.com.my/news/nation/2019...1g61JLcYJdu4PNc

Based on the above facts, if my SnP on a high rise condo stating VP of 48 months, which period will take precedent? the Housing Act at 36 months or the signed SnP at 48 months?

Appreciate sifu advise here. Thank you.

One month unpaid leave

Sky_Q — Sun, 23 Apr 2017 23:10:35 +0800

Hi all...as per subject..I've been working for for more than 10 years and i hope to be able to take a month long of unpaid leave but am afraid of the consequences it may bring from company's perspective...have only work for about 1 year 4 months with current company..

working in singapore currently and of 29 years of age only....just wanna take a long break to clear my mind and to think of my future path and at the same time attending certain financial short courses that i've been very interested of .. back to subject, how do i convince with a good suggestive reason my company to grant me one month long of leave without leaving any negative perception..appreciate your input...tq!!

P.S:- not being lazy, just wanna put a stop for short while and rethink of my path...

OG1 Asean, Save ur bills payment up to 50%

Sky_Q — Fri, 09 Sep 2016 13:00:53 +0800

Website link

http://www.og1asean.com.my/

As per above website link, is this legitimate?

They claim you can save up to actual bill payment at the rate of 50%.

OG1 Asean

Sky_Q — Fri, 09 Sep 2016 12:53:40 +0800

Website link

http://www.og1asean.com.my/

As per above website link, is this legitimate?

They claim you can save up to actual bill payment at the rate of 50%.

When should you change your car?

Sky_Q — Mon, 18 Jul 2016 20:48:14 +0800

Hi All,

As per topic, when do you think you should change your car.

Should you change when you reach certain mileage or a number of years?

As for me, i think one should change at the end of 5th year or 100,000 km so as to maintain the value or before it goes into a period of frequent maintenance.

Some might think its better to wait until loan settled completely then only change to a new ride.

Some might suddenly have a total change in taste of car when their status change (example- strike lottery / raising up a family)

What do you guys think is the ideal reason to change car under normal circumstances for majority of the malaysian?

how long can I leave my car idle per week?

Sky_Q — Thu, 21 Aug 2014 08:12:27 +0800

As per title,how long can I leave my car idle per week?normally I leave it idle for 5 days but will that b damaging my car in the long run?btw my car is Toyota.. Is there anything I can do to make it b able to stay unstart for 5 days if its not good?

Withholding Tax

Sky_Q — Thu, 14 Aug 2014 11:34:25 +0800

Hi All,

Have a tax planning case for thought with any expert here...Company M incorporated in Malaysia and Company S incorporated in Singapore.

Coy M make regular remittance to Coy S and they have been remitting 100% of the amount for the past few years until recently they realise there's this Section 107A where a percentage will need to be withhold from the recipient due to their non resident status as a Singapore Company.

Remittance made was based on a service provided by Coy S where they employ local Malaysian worker to work in Malaysia and based on a agreed amount, Coy M will b charged by Coy S. This fact was disclosed to show the evidence that the service is originally engaged from Malaysia itself and remittance however is made to Coy S Singapore local bank account.

The amount withhold is quite huge therefore how to go around to b able to save this amount of withholding tax?

My few suggestion as listed below:

Assuming revenue is USD100,000 and COS is USD80,000 not taking into account currency translation and other expenses.

a) Incorporate a local Malaysia company where you will have the management and control exercised in Malaysia to effect the status of the company as a tax resident therefore Section107A will not apply provided the remittance is channelled to this newly incorporated Malaysia Company and be tax at 25% at net profit level. Total Damage is USD5000 approximate (+/-) and the new company still stay at healthy profit level of US$15,000.00

b) Channelled the money to a Malaysian individual Malaysia local bank account and redirect the money to Singapore company. This option not viable cos IRB may chase after you and this is considered money laundering and tax evasion.

c) Open a local joint bank account with Company M where Company S director is the authorised signatory of the bank account. This option not viable too as Company M can at any-time redirect the fund to another account or change the authorised signatory without the other party knowledge and Company M will backfire on this plan sooner or later as they know this wrong from tax perspective.

d)Pay 8%-15% of withholding tax to IRB Malaysia where it will be withhold by Company M and claim this amount as deductible expenses from Singapore IRAS where in substance you will only get a rebate of 17% max from this amount of tax expenses withhold. Total damage will be USD10,000 at 10% withholding tax by IRB at approximate (+/-) and net profit after tax will b US$8300.00 = ( USD100,000-USD80000-USD10,000-USD1700)

Best possible action: I would opt for option A as this is the best tax planning decision to take to save the most if transaction is huge. Anticipated amount of transaction would be at least minimum US$5million annually. Am i correct to say so That opt A is the best or there are more possible option to try?

To Admin, please remove if this is not allowed. Thanks

[WTR]MELAKA Taman Seri Mangga Sek 1

Sky_Q — Tue, 01 Apr 2014 17:51:38 +0800

Taman Seri Mangga Seksyen 1 Melaka
-1540sqf
-4r2b
-4 air con
-kitchen cabinet, hood, hob
-water heater
-washing machine
-referigerator
-alarm system
-2 car park
-newly exterior painted house
-outside house have big space for parking for visitor
-walking distance 7-11, groceries shop, kopitiam, night burger stall
-nearby jaya jusco (10min), econsave (3min), kfc, pizza hut
-nearby to big eateries place (food court)
-friendly chinese neighbour
-Rental RM1100/mth

Thanks

Guard Sticker

Sky_Q — Thu, 13 Mar 2014 22:05:25 +0800

Hihi forumners...do u guys know wat the sticker name called? its something like a vinyl sticker that can be stick onto the car glass window but i m looking for a figure like a person that can be stick onto the living room sliding glass door to create an impression that there's someone watching from inside...

anybody know what does it called???

Renovation sequence

Sky_Q — Tue, 23 Jul 2013 13:21:27 +0800

What should i do first once i got my new terrace house? is the sequence below correct?

For basic renovation

1)Renovation of living, kitchen and rooms
[1a] to obtain quote from contractor for plaster ceiling works and tiles work including wiring, number of manhole for lightings, etc

2)installation tv cabinet, kitchen cabinet. (if this not included in point 1)

3)aircond with piping

4)Installation of lightings, fans, electric switches.

5)Installation of water heater and centralised water filter.

6)Alarm and auto gate

7)Lastly, furniture(ie sofa set,bed) and electrical equipments(tv,oven,etc).

Done. Did i miss out something? I only understand from much of my research that i nid to have the floor plan to start my renovation and all the tiles and ceiling works will much depends on the size of sqft that i will be covering.

I bliv this will more or less cover all types of properties. Thanks

General house appliances and furniture budget

Sky_Q — Sun, 12 Aug 2012 11:56:58 +0800

Hi guys...i wanna get a poll of result of the cost in transforming an empty hse to a fully furnish hse..u could put ur budget in a acceptable, moderate, and luxury...

for me excluding the cost of renovation, the cost of fully furnished in a moderate feel will be rm50k which could have aircond,led tv,beds, water heater, fridge, gas cooker, dining table,sofa, cupboard...approximate budget is for a double storey...would this b too lil?

Taman Kempas Utama

Sky_Q — Fri, 20 Apr 2012 08:57:20 +0800

-edited-

Any ideas for Gifts for elderly people

Sky_Q — Wed, 28 Apr 2010 12:41:11 +0800

As per topic..Anybody have a good idea on wat to buy for old people(70 years old)?

Job Direction

Sky_Q — Thu, 28 Jan 2010 23:09:25 +0800

Hi guys...Nid some opinion here....My gf is finding for a work currently..She is now working as account executive in a commercial company...She possess a degree in a international business and currently pursuing acca...The problem is that i think that she is in a lost of direction now in a way that she might waste her valueable time cause she plan to change his line of career in which she plan to work as either public relation,telecomunicating,event,marketing and etc....In my opinion i think that she will have to start all over again and the stuff that she study is of no use(not working in a relevant role) which make me quite sad cos she wanted to do so....In addition to that,she said that she want to try other types of job(other than what she study for) as for wat she like in the future..

I just feel that she need to have some determination as no matter what kind of job she have switched to will come to no avail and she should not haver a' easily give up attitude'.Btw,she say she dont to work in a finance role because have to work long hours and very stress....hais....so i told her,if this is the reason,no matter what job u have switched to,stress will still be there..i'm quite sad but she seems dont understand what i trying to say...i just scared she wont listen to what i say...

How to be fiance and fiancee?

Sky_Q — Wed, 20 Jan 2010 03:08:53 +0800

as per topic title...wat is the procedure in malaysia?any cerremony or anything?

car cant start!help!

Sky_Q — Tue, 10 Nov 2009 19:35:02 +0800

hi!i just found out that my myvi key left unplug at the key hole which making the hole car kenot be start which means no more battery....so,how to make the car bek to normal?anybody can enlighten me???thanks alot guys...

Keyboard problem...

Sky_Q — Tue, 12 May 2009 07:43:09 +0800

hi guys.....first of all i would like to thank to those who help.....my problem here is my keyboard the enter function is already spoilt i nid to disable it cos its quite annoying as it constantly repeatedly press 'enter'.....i wan to use my external keyboard as the replacement but the laptop's keyboard still quite annoying....

is there anyway to disable the internal keyboard at anywhere?thx for ur help man.....

how to burn songs?

Sky_Q — Sun, 02 Nov 2008 00:45:01 +0800

hi guys.....nid help here...how to exactly burn karaoke song wif lyrics into cd which can then be used in a normal vcd player?

tried to do some research but alot of junk info in the end....ur help is much appreciated....belanja minum kopi o...
either must use cd-g or kenot use the normal cd-r....xie xie...

X Files

Sky_Q — Wed, 23 Jul 2008 18:53:34 +0800

Anybody watch X Files yet?Just got the kinda feeling tat it will b a very boring movie....I want to Bliv....