Are you a blogger or doing online business? You are now
required to pay TAX!
Don’t panic! We will teach you how:
1. Types of online business that will be taxed:
a.
Blogging
b.
Niche site
c.
Review site
d.
Membership site
e.
Information marketing
f.
Online auction
g.
E-commerce store
h.
Affiliate marketing
2.
Type of taxes:
a.
Business
If your online business net profit is more than RM34,000 per year, you
will be entitled to business income tax payment (19% - 24%).
b.
Individual
If your online business net profit is less than RM34,000 per year, you
can file your income under personal income (0% - 28%)
3.
How to pay the tax?
a.
Register with IRBM and obtain an income tax
number.
b.
Report all profit and loss.
c.
File your taxes via e-filing.
d.
Pay your taxes via ByrHasil.
e.
Display your registered business name and income
tax registration number on your website.
Weee! Your are done! Subscribe to our newsletter in year
2018 if you wish to keep yourself updated in all kind of topics with MySoft!
