Sunday, December 20, 2009

For any individual tax resident who earn less than RM35,000 can get tax rebate from Inland Revenue Board for RM400 and allowed for joint assessment also. For example,

Tax Computation for YA 20XX

Chargeable Income: Less than RM35,000

Tax payable (at scaled rate) xx
Less: Rebate: Self (Husband) RM400
Wife (joint assessment) RM400
Net tax payable

Sunday, December 13, 2009

Basic Taxation

Tax Computation

Net Profit
Add: Non-deductible expenses
Less: Double deduction expenses
Adjusted Income
Add: Balancing Charges
Less: Capital Allowances
Statutory Income
Less: Prior year losses
Add: Other sources of income
Aggregate Income
Less: Current year losses
Less: Approved donation
Total Income
Less: Reliefs (applicable only to individual tax payer)
Chargeable Income

Note: Any approved donation is restricted to 7% and 10% of aggregate income of an individual tax payer and company tax. YA2009 (amended) Income Tax Act 1967.

Thursday, December 10, 2009

7 step to a successful prayer

1) Desire it --- Desire that God will give you what you ask.

2) Decide upon it ---When you pray, believe that your prayer is answered.

3) Ask for it ---The more you pray, the stronger is your faith. ---If you ask and keep on asking, you will receive it. ---If you seek and keep on seeking, you will find it.

4) Receive it ---Receive it by faith that God has given you.

5) Speak it. ---In faith, tell others: I may be sick but in God i am healed. I may be poor but in God i am rich

6) See it. ---Vision is a very powerful thing. ---see that your prayer is answered.

7) Act on it ---we may have failures but God can turn a setback into a comeback. ---If God can raise Jesus from the dead, he can raise your life from the dead

Are u a cell leader in a church? Are u someone who has a certain leadership authority in ur church? Then, u got to receive the fire and passion to do His work. Are u dry in ur walk in Christ? Are u tired of living the christian life? Christianity is not a religion. Its all abt relationship with God, people.

Here are 7 guided keys to receive a revival:

Your life will never be the same again..

1) Draw near to God.
-When your hearts are open, God will come.
-Put away all other things and seek God only.

2) Repair your devotion to God
- Are you backsliding?
- Have you stopped your bible reading, prayer or stop attending cell grp?
- Go back to God

3) Get your life in order
- Keep ur life in orger with God.
- Live ur life by God's word.
- Get ur life in order with one another.

4) Give an offering
- When you bring an offering, don't bring spare change.
- Don't bring any offering tat u dun wan.

5) You got to make a sacrifice
- Give ur life to God and let God shape u into the person He wans u to be.

6) Release faith again and again
- Faith is ask and keep on asking
- Seek and keep on seeking.
- Knock and keep on knocking.

7)Pray for a miracle
- U got to have a backup.

~Steps to Effective Prayer :there are 7 steps which is....
6-Word of God


1) Don't make promises you don't intend to keep or that would be sinful to keep
2) If you make a conditional promise, it is not binding unless the conditions are kept.
3) If you make a conditional promise, it is binding to keep the promise available until the stated term of the promise is kept, and if this is open ended, so be it.
4) If you make a promise by mistake, if your word is good, you will still do your best to keep it.
5) If you are able to keep the commitment, you should not lie and pretend you are unable. You are merely unwilling to honor your word.
6) If you are truly unable to keep your promise, do your best to make restitution.
7) Don't fake restitution or humility to get out of your word.
8) Live to tell God and everyone you wish to set an example for the value of your word, and the value of one's promise. Don't let it be said you are short on integrity in this.
9) If keeping a promise is costly, it means your word is more valuable.
10) One cannot promise to love God sincerely while breaking one's promise to love another person faithfully and enduringly. Nor make valid promises of love to one's children or other loved ones.

Your word is only as good as your promises and your promises are only as good as your word.

One cannot minister if his or her word has no value.

I Corinthians 13:7, "bears all things, believes all things, hopes all things, endures all things."

Luke 16:10, "He who is faithful in what is least is faithful also in much;..."

Saved To Serve=SUCCESS

7 Effective way of serving in ministries.
1. Sense of direction (Romans 15:20, Philipians 3:14)
2. Understanding / wisdom (Philipians 4:12) -learn to be content -working towards the goal
3. Commitment (Acts 20:24)
4. Compassion (1 Corinthians 13:3, Colosian 3:12-13)
5. Enthusiastic -eager to serve. (Philipians 4:13) -positive faith n zealous
6. Service -within God n people *focusing in to 2 way God n people. (2 Corinthians 12:5)
7. Staying power -(2 Corinthians 11:23,4:8-9)