Wednesday, August 27, 2008

My wish list

If someone from the Finance Ministry is actually reading this blog, please consider this list for the Budget 2009:

1. Abolish the ridiculous tax on Employees Share Option Scheme. The tax structure is so ridiculous that employers no longer want to give ESOS to their staff. It is no longer profitable. I find it rather funny because there is no tax for capital gains in Malaysia. ESOS, however is taxable. Where is the logic? ESOS is given to employees as an incentive for their productivity. Why tax these poor people?

2. Reduce the personal income tax

3. Increase corporate tax.

4. Reduce or abolish road tax for all types of vehicle

5. Allow individuals to withdraw their EPF contributions to perform the Haj.

6. Give tax incentives to industries using renewable energy or producing green energy.

7. Make the polluting industries pay more tax.

5 comments:

Anonymous said...

It's gonna be a good budget this time. It just have to. Tunngu saja.

Tak BERNAMA Lagi

Anonymous said...

Aye! Aye!

Anonymous said...

Ashraf,

I setuju 100 peratus..

nak

bujai said...

BRO,

MINTAK LAH KERAJAAN BAGI GRATUITI PADA WARTAWAN DAN BEKAS WARTAWAN!

hehehe...

ketam said...

ESOS tu sama la macam dapat bonus.. so the UNTUNG dgn penjualan SAHAM tu kira pendapatan tambahan la kerana ESOS dapat pada harga par value not market value..

Ini aku dapat daripada penjelasan dari kawan LHDN