M`SIA: TAXSAYA CAN BE THE ANSWER TO YOUR INCOME TAX HEADACHE

NOR BAIZURA BASRI

KUALA LUMPUR, April 24 (Bernama) -- Ever thought of ways on how you can reduce
your income tax?

With less than a week for the deadline to submit income tax returns,
people are worried about submitting their tax forms without realising they
will have to fork out more by simply sending the forms without proper details.

TaxSaya 2008, a tax software, can be the answer to all your headache.

Developed by EA-Link System Sdn Bhd, the software, obtained
free from its website, will simplify the processes of filing tax returns and
at the same time can identify any loophole in the process.

Managing director Trevor Keegan said a lot of people missed out by just
rushing to fill in the forms and submit it within the April 30 deadline.

"What we are trying to do here, through the software, is helping them to
save tax. One of the ways is by making sure people are going through all the
processes to complete the whole form," he told Bernama in an interview.

The free software in English, Malay Language (Bahasa Malaysia) and Chinese
languages can be used for two taxpayers per download.

It automatically completes the BE Form (permanent residents not
doing business) and HK3 (dividend worksheet) and runs through the tax return
forms for completeness.

With Taz Wizard guide, it automatically prepares the tax computation
and find ways for tax reduction.

"We also provide TaxSaya forms for customers to refer their queries to our
tax experts, even asking on taxation matters for small-time business,
for free," he said.

Keegan however said the company needs financial support as developing the
software was costly.

"We need around RM500,000 to RM1 million (US$1=RM3.59) a year. Currently, we
are
supporting the operations through self-funding and revenue from our product,
Brass Tax," he added.

The free software and the premium version can be downloaded via
www.taxsaya.com.

The deadline to submit income tax returns is April 30.

-- BERNAMA