Loan to Director deemed to derive Interest Income!

WANAKA

50912cmea 发表于 27-12-2013 05:57 PM
u tak help me 的后果

不是KAU SUDAH MENANG MEH？

披狼皮de羊

WANAKA 发表于 27-12-2013 01:22 PM
那CHEQUE 为什么要开？

什么 cheque pulak  

50912cmea

WANAKA 发表于 27-12-2013 06:01 PM
也可以说是因为资金注射SUBJECT FOR CUSTOM TAX。

SALES 中GST

SUBJECT FOR CUSTOM TAX???

Sales 有 GST 是 borne by customers

还有什么没中又数量巨大的？黑钱

50912cmea

WANAKA 发表于 27-12-2013 06:04 PM
不是KAU SUDAH MENANG MEH？

menang tak cantik, palsu

OOICS

50912cmea 发表于 27-12-2013 10:23 PM
menang tak cantik, palsu

你的link最後一段有説道：“the company will still have avenues to reduce the tax implication connected with these interest-free loans”，有什麽可以分享嗎？

WANAKA

披狼皮de羊 发表于 27-12-2013 07:38 PM
什么 cheque pulak

公司出钱开CHEQUE。。。

WANAKA

50912cmea 发表于 27-12-2013 10:23 PM
menang tak cantik, palsu

mau cuba lagi ker?中文

WANAKA

50912cmea 发表于 27-12-2013 10:22 PM
SUBJECT FOR CUSTOM TAX???

Sales 有 GST 是 borne by customers

要加税可以：


BALANCE SHEET TOTAL WEALTH VALUE 税
开SAVING ACCOUNT BANLANCE 抽税
开FD 抽税
等等。

OOICS

50912cmea 发表于 27-12-2013 10:23 PM
menang tak cantik, palsu

你沒去？還希望你有東西可以透露。

shella

WANAKA 发表于 27-12-2013 02:12 PM
dr directors' a/c， cr capital

是的。。听说以前可以这么做。。（就不清楚是多久以前啦）

shella

WANAKA 发表于 27-12-2013 02:15 PM
运用DEEM INCOME 。。。。。。

immediate family???

shella

OOICS 发表于 28-12-2013 09:48 AM
你的link最後一段有説道：“the company will still have avenues to reduce the tax implication connec ...

“the company will still have avenues to reduce the tax implication connected with these interest-free loans”
针对这个有没有人可以做更深层的分享呢？

OOICS

shella 发表于 2-1-2014 08:58 AM
“the company will still have avenues to reduce the tax implication connected with these interest- ...

@50912cmea
她沒回答我哦。只叫我去上course。

siwaaa

如是director自己的公司：
1. 想办法月底clear balance（月初又加回去）
2. 找第三者（个人或公司，非关系）顶
3. director自己承担tax
4. 想办法credit回director（报销/卖货）
5. 认了，乖乖付税。

还有吗？

50912cmea

shella 发表于 2-1-2014 08:35 AM
是的。。听说以前可以这么做。。（就不清楚是多久以前啦）

Companies Act 1965

Dealing by a company in its own shares, etc.

67. (1) Except as is otherwise expressly provided by this Act no company shall give, whether directly or indirectly and whether by means of a loan, guarantee or the provision of security or otherwise, any financial assistance for the purpose of or in connection with a purchase or subscription made or to be made by any person of or for any shares in the company or, where the company is a subsidiary, in its holding company or in any way purchase, deal in or lend money on its own shares.

(2) Nothing in subsection (1) shall prohibit -

(a) where the lending of money is part of the ordinary business of a company, the lending of money by the company in the ordinary course of its business;

(b) the provision by a company, in accordance with any scheme for the time being in force, of money for the purchase of or subscription for fully-paid shares in the company or its holding company, being a purchase or subscription by trustees of or for shares to be held by or for the benefit of employees of the company or a subsidiary of the company, including any director holding a salaried employment or office in the company or a subsidiary of the company; or

(c) the giving of financial assistance by a company to persons, other than directors, bona fide in the employment of the company or of a subsidiary of the company with a view to enabling those persons to purchase fully-paid shares in the company or its holding company to be held by themselves by way of beneficial ownership.

50912cmea

OOICS 发表于 2-1-2014 04:11 PM
@50912cmea
她沒回答我哦。只叫我去上course。

@siwaaa

如果是 director 自己的公司，也是 shareholder 的话，

不懂可以先 declare dividend to director/shareholder...

Dr Proposed dividend
Cr Dividend payable/Amount due to director/shareholder

钱多时，再来这个 loan to director/shareholder

Dr Dividend payable/Amount due to director/shareholder
Cr Bank

钱少时，就放回去。。。

Dr Bank
Cr Amount due to director/shareholder

最好问问 auditor or tax agent

50912cmea

请看新加坡的 IRAS on Benefits relating to loans

IRAS 也是用 MAS 的 average prime lending rate

shella

50912cmea 发表于 3-1-2014 12:16 AM
@siwaaa

如果是 director 自己的公司，也是 shareholder 的话，

如果没有好declare dividend？

OOICS

50912cmea 发表于 3-1-2014 12:16 AM
@siwaaa

如果是 director 自己的公司，也是 shareholder 的话，

那一開始就直接declare dividend就好咯。那就沒有advance to director嘛。反正dividend也不會再tax。但declare了dividend，整個balance sheet就不美了。借bank loan也比較難了。而且，如果bank有T&C in loan offer letter的話，就不能declare dividend哦。有錢都先還bank啦，是不是？bank 沒那樣大方，借錢給你advance to director。

50912cmea

OOICS 发表于 3-1-2014 11:30 AM
那一開始就直接declare dividend就好咯。那就沒有advance to director嘛。反正dividend也不會再tax。但de ...

如果是 director 自己的公司，也是 shareholder 的话，

那个 dividend payable 应该可以变成 amount due to director/shareholder, 再把那个 amount due to 分两个大大和小小的部分，那个大大的可以 subordinated to the bank loans（这样 banker 就不会吵了 ），小小的就是 repayment on demand basis (director/shareholder 叫还些钱，公司就得还钱）和 revolving amount basis（公司要用钱时，director/shareholder 就 topup 回去）

最好问问 auditor or tax agent