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Review taxation
policy, minimise fortnightly tax burden
I AM extremely disappointed with the Internal Revenue
Commission (IRC) for imposing hefty fortnightly tax deductions.
In comparison with Government employees, the private sector employees are
paying hefty tax every fortnight.
Although we are honest, committed and faithful to our specific field of
employment in discharging our duties and responsibilities in compliance with
company policies, yet we are taxed heavily in several categories as
identified:
l Fortnightly wages or salaries tax deduction;
l VAT (10%); and
l Employer tax deduction.
The IRC should introduce a formula to effect the fortnightly tax deductions
at a certain percentage from gross earnings per capita income earning per
head.
In this way, it would have little impact on individual to enjoy a stable
fortnightly income.
Once all the taxes are calculated and summed up, especially from each
category of the deductions identified, IRC will always get sufficient funds
for its operations.
I would like to ask the IRC to consider and review the taxation policy and
minimise the fortnightly tax burden on the poor people.
Concerned taxpayer
Via email
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