28.5.07

Holy Tax Reduction



The other day I was thinking how best reduce my income tax payout this year seeing that I may have to pay extra by year end. There are numerous ways to do it, thru insurance, donations, books and such. It gave me an idea, since for 2007, we are able to claim up to RM1,000 in books why not do something worth while?

I don't think I'll be using so much to buy books and reading materials therefore why not buy some bibles and donate them to where it is needed. I've checked out the other day that a cheapest bible I can find is RM19.90, printed of recycled paper. I'm looking at maybe spending around at least RM500 to buy say 25 bibles and donate them :) Still thinking the best way and finding like minds to do the same. Cheers!