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Monday, 9 April 2018

Zakat as a Tax

Zakat as a Tax Rebate


Zakat comes with one special perk, and that is the tax rebate. Zakat payment will help reduce the income tax tremendously as it falls under the tax rebate category. 

The payment paid out that generated from the business are the legality and ordinary funds in front the view of stakeholders.  Can I inquiry that the tax rebate is generated from what business in accordance with the Zakat's policy and procedures in making a provision of Zakat from the Business entities? 

John 1:1 Why are you trouble and why do doubt rise in your minds? Look at my hand  and my feet, It is myself....

Given that lord is gifted our hand and feet, but why we bother to make a provision of zakat in tax rebate to the Syariah.  We always need to remember that the zakat or salvage is paid for critical fund that might arise in triggering  loss or destruction and restore its beauty and usefulness. Therefore a provision there  is a must, in order to make a contribution critical fund paid to the victimization whenever there is a needs. Instead you need to rely the last minutes  donation from the public after the tragedy already happened, then you won't start to recall the public to make the donation, but the critical funds is ready to serve to the lord. 

Ecclesiastes 5: 4 Salvage that vow to the lord
When you make a vow to lord. do not delay in fulfilling it. It just because the lords also dedicated their blessing foods and holy milk to the needs. Look at angle of Salvation to the lord, The lord is given any man wealth and possession, and enable him to enjoy them - it was gift and love from the lord.  幫助消災解難。

Money cannot buy happiness ! 无量助乐
In returns, the lord is blessing those nations in picking the low-hanging fruit first just because the love of lords. As he flaw lower fruit is often the last to ripen. The Inland Revenue Board is expecting the poor lived and walked under the sun if see the poor oppressed in a district and rights denied, the salvage paid would depend on your heart whether the blessing received is satisfied with toilsome labor under the sun that follow the life of lord has given to him. 

Pick the Low hanging fruit First
Therefore the lower income brackets form the respective consumers would not be penalized for any zakat imposed. It means it just imposed to those multinational companies. It just because the fruits is just ripen for few fruits that are ripen in the branches only. As the fruits only blossom like the little kids and could not afford to sell out and earning lucrative returns like those fruits in big companies.

When pickers harvest from top to bottom, the sacks of fruit they carry around their necks and shoulders grow havier as they move downwards, working with gravity, not against it. 





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