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 Working Life in Singapore V5

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cheeyt
post Apr 3 2011, 11:05 PM

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it seems like there is a lot of risk involve as you have resigned from ur current jo and u din not get the EP, u might need to go back to msia.
Lester1987
post Apr 3 2011, 11:24 PM

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QUOTE(DarksideRG @ Apr 3 2011, 10:51 PM)
@ Lester1987
1. 1st of all, u study in UiTM? so i assume that u are a Malay?

yes

2. why you so desperately wanna leave Malaysia? Hutang Ah Long ar?

no. but some personal problem

3. 2ndly not that i want to demotivate you, if you are a non-chinese, the chances of you landing a job in SG is a lot lower compare to Malaysian chinese because as you know, Singapore contains 75% Chinese and when you work in the service industry (Mc.D or retail stores), you need to know mandarin. Unless you can speak excellent English. but that also doesn't give you any good advantage if there is a PRC worker that speak mandarin and satisfactory level English, they will definitely go for the PRC.

thanks but i think i'm willing to try  sad.gif

4. Since Malay got so many benefits in Malaysia, why don't you continue to further your career in Malaysia? try to apply those GLC, you will have higher chances to get a job there and career advancement in those company if your a malay is quite good as well.

read no 2, thanks  sad.gif
*
sad.... but you can give it a try la. salute to Malay bro who doesn't need the tongkat thumbup.gif
Knight_2008
post Apr 3 2011, 11:50 PM

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QUOTE(Aloong @ Apr 3 2011, 10:08 PM)
1. i do hope u get wat i meant, cos i was trying to say if ur objective is to go into IB, better go for auditing, as compared to finance/internal audit. The latter tend to see a smaller pic and ur focus is only on one company for few years with unnecessary depth of experience.

2.  Actually u still can get ACCA membership by working as analyst. no difference. U only need to work in audit/finance, if u wana be an accountant,with those MIA membership or if u wan to sign accounts. If u do have chance to get into banking as analyst, indeed better tho, like wat sean said. But bare in mind not any analyst job. make sure it's either front office, credit analyst or real analyst (as in research/equity/fixed incomce). Not those back office analyst level, like processing dept/finance dept/audit, compliance, etc. 

3.  Nonetheless, do finish up ur 2 last ACCA papers. CFA is very very tough. For IB roles, CFA is indeed more recognised than ACCA, provided ur are capable enuf to get one.
*
so become research analyst, i still cna get acca qualified?
mercury8400
post Apr 4 2011, 12:10 AM

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QUOTE(azrink @ Apr 3 2011, 12:37 AM)
I m a Malay, working with SG company, been given the responsibility to manage/oversee the company projects abroad. If i m really that lazy, unmotivated and lowly educated, would the SG company dare to employ me in the first place? Just because of what race I am. Please do not generalize all Malay are the same. Statement like yours move me to go abroad working with Singaporean and other races. Just to let them and the world know that Malay can do well and fight equally on the same level too!!! Next time please consider when you thinking of making any statement. Don't judge the Malay because of what is happening in Malaysia. From your writing I know your frustration. I too am like you, ashamed of what is happening in Malaysia, but I will never judge and generalize just because of their colors. Shame on you.  sad.gif
*
First of all I wanna say that I'm happy that there are modern Malays like you who are forward thinking and realise the plight we as Malaysians are in right now. I like to clearify that the statement I make is not intended to be racist but the jist of the problem (as most of the other people already know) are as below.

I stand by my statement that "generally" the malays in Malaysia are lazy. You and a select few are the exception to this and I applaud you for that. Again unfortunately, the majority of the Malays are still lazy and unmotivated to work hard. ( P.S I did not mention they are lowly educated. I merely imply that the local/public Unis has lowered the std of entry so low just to cater and fill the quota). The concept of competition, efficiency and effectiveness just doesn't occur to them. The tidak apa attitude is so prevalent. While I do admit that this also applies to non malay people as well, however bearing in mind that Malaysia comprises 60% of malay population the no of malays with these type of attitude far exceeds every other race. Coupled with the NEP makes things worst and which is the main culprit for the breeding of this type of attitude. The non malays on the other hand, do not enjoy such luxuries and hence has to fight teeth and nail to preserve their wealth. This has been highlighted many times by Tun Mahatir but the majority of malays are still ignorant to this fact and cling on to their hard belief that this is their right. But this is definately a curse not only to the Malays but to Malaysia as a whole and effects all people in malaysia. Instead politician chose to turn this into a racial thing thus obstructing the view of the "big picture" for their own political mileage.

The reason why SG is so advanced is because there are none of these NEP or protectionist policies. This in turn provides a competitve place where most people/co work hard to differentiate their services/products from their competitors i.e. value add. This in turn brings in other investments from overseas namely the MNC. Coupled with their high standards of work skills, education, infrastructure, and open minded immigration policy to admit the best/most skilled people, it is a perfect opputunity for foreign MNC to set-up their operations. That's why there are so many regional/global operations in SG, which in turn benefits the people of SG. SG has also sucessfully migrated from a low cost services to one which is value added type of model hence increasing the GDP per cap of their people. They had a tough time during the 60s when they broke up with Msia but they soldiered on. Like they say when the going gets tough the tough gets going.

Now I'm sure Malays are a tough bunch of people. Afterall they also suffered the colonisation by portugese, english and dutch. However, with the current mindset and NEP is not going to help the cause. Get rid of it. Sure it hurts in the short term but like i said when the going gets tough the tough gets going. There is no doubt in my mind that Malaysia can do so much more than what it can right now. However, right now malaysia is so complecent whether politically or economically. That's why most people are off to somewhere else.

But believe me when i say this, the majority of malaysian overseas are still malaysians at heart and we love our country. I'm sure many will return only if they can effectively fix these problems.


yeahs4.1
post Apr 4 2011, 12:21 AM

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indeed, very well said.

The truth is, many have lost faith in the desired change of Malaysia. Those that are still hanging on, most probably due to family/friends that are left behind.
SUSalaskanbunny
post Apr 4 2011, 12:35 AM

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QUOTE(yeahs4.1 @ Apr 4 2011, 12:21 AM)
indeed, very well said.

The truth is, many have lost faith in the desired change of Malaysia. Those that are still hanging on, most probably due to family/friends that are left behind.
*
very true....

neway, i am sure most of you all gotten your increments and bonus for last year already/ care to share? this is not to brag or showoff but just as a comparison...? i will start with mine...


1. alaskanbunny
a. years working: 1 1/2 years
b. industry: trading/manufacturing
c. increment: 10% <<<--- reasonable? i expected 35%, supervisor advice to demand for 20%
d. bonus: 5 months

seantang
post Apr 4 2011, 01:27 AM

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QUOTE(alaskanbunny @ Apr 4 2011, 12:35 AM)
neway, i am sure most of you all gotten your increments and bonus for last year already/ care to share? this is not to brag or showoff but just as a comparison...? i will start with mine...
1. alaskanbunny
a. years working: 1 1/2 years
b. industry: trading/manufacturing
c. increment: 10% <<<--- reasonable? i expected 35%, supervisor advice to demand for 20%
d. bonus: 5 months

How much is your salary?

Expecting 5 months bonus and a 35% increment on $2500 is probably less of an issue than $10000.

This post has been edited by seantang: Apr 4 2011, 01:28 AM
SUSalaskanbunny
post Apr 4 2011, 02:40 AM

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QUOTE(seantang @ Apr 4 2011, 01:27 AM)
How much is your salary?

Expecting 5 months bonus and a 35% increment on $2500 is probably less of an issue than $10000.
*
salary cannot tell ler... but more than the new threshold for ep ler

no no, i got 5 months... but on the bonus side more than 3 months i am already happy... but for salary i was expecting 35% but got only 10%

the 1st time i am on salary, last time on wages... therefore probably my expectations might be too high? company's profit increase from 88mill to 93mill only... not much but last year economy doing very well what
azrink
post Apr 4 2011, 05:14 AM

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QUOTE(mercury8400 @ Apr 4 2011, 12:10 AM)
First of all I wanna say that I'm happy that there are modern Malays like you who are forward thinking and realise the plight we as Malaysians are in right now. I like to clearify that the statement I make is not intended to be racist but the jist of the problem (as most of the other people already know) are as below.

I stand by my statement that "generally" the malays in Malaysia are lazy. You and a select few are the exception to this and I applaud you for that. Again unfortunately, the majority of the Malays are still lazy and unmotivated to work hard. ( P.S I did not mention they are lowly educated. I merely imply that the local/public Unis has lowered the std of entry so low just to cater and fill the quota). The concept of competition, efficiency and effectiveness just doesn't occur to them. The tidak apa attitude is so prevalent. While I do admit that this also applies to non malay people as well, however bearing in mind that Malaysia comprises 60% of malay population the no of malays with these type of attitude far exceeds every other race. Coupled with the NEP makes things worst and which is the main culprit for the breeding of this type of attitude. The non malays on the other hand, do not enjoy such luxuries and hence has to fight teeth and nail to preserve their wealth. This has been highlighted many times by Tun Mahatir but the majority of malays are still ignorant to this fact and cling on to their hard belief that this is their right. But this is definately a curse not only to the Malays but to Malaysia as a whole and effects all people in malaysia. Instead politician chose to turn this into a racial thing thus obstructing the view of the "big picture" for their own political mileage.

The reason why SG is so advanced is because there are none of these NEP or protectionist policies. This in turn provides a competitve place where most people/co work hard to differentiate their services/products from their competitors i.e. value add. This in turn brings in other investments from overseas namely the MNC. Coupled with their high standards of work skills, education, infrastructure, and open minded immigration policy to admit the best/most skilled people, it is a perfect opputunity for foreign MNC to set-up their operations. That's why there are so many regional/global operations in SG, which in turn benefits the people of SG. SG has also sucessfully migrated from a low cost services to one which is value added type of model hence increasing the GDP per cap of their people. They had a tough time during the 60s when they broke up with Msia but they soldiered on. Like they say when the going gets tough the tough gets going.

Now I'm sure Malays are a tough bunch of people. Afterall they also suffered the colonisation by portugese, english and dutch. However, with the current mindset and NEP is not going to help the cause. Get rid of it. Sure it hurts in the short term but like i said when the going gets tough the tough gets going. There is no doubt in my mind that Malaysia can do so much more than what it can right now. However, right now malaysia is so complecent whether politically or economically. That's why most people are off to somewhere else.

But believe me when i say this, the majority of malaysian overseas are still malaysians at heart and we love our country. I'm sure many will return only if they can effectively fix these problems.
*
Thanks bro. I can understand your feelings. I know that most of what you have written is true. However i pledge everyone to give the guy who seek advices some support. I believe he is one of those few who are trying to break the plague that haunting the Malay community. We might be less then 0% but we are a force to be reckon with. Anyway do forgive if my words hurt anyone. "Angin datang tiba-tiba pulak" Peace tongue.gif

Cheers

seantang
post Apr 4 2011, 05:35 AM

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QUOTE(alaskanbunny @ Apr 4 2011, 02:40 AM)
salary cannot tell ler... but more than the new threshold for ep ler

Which EP? Q1, P2 or P1?

If P1 with those percentages and months, then you need to buy lunch for everyone.


Added on April 4, 2011, 6:15 am
QUOTE(DarksideRG @ Apr 2 2011, 03:43 PM)
f i only have small amount (money) in hand, and i dont have pasport, what should i do to work in Singapore? i have some qualification like Diploma from UiTM. i dont care what type of work, whether factory or fastfood. as long i can start work there immediately.. i have experience in retail, parkson pavilion (supervisor), mymydin(manager), 99speedmart(manager), UOA (admin&finance). but i have some problem now, so i want to leave malaysia ( ) , work in singapore, doesnt matter what kind of work i'm not sure about agent because i heard a lot about scamming ( ) plus i dont know if they provide food+hostel

Since you're short of time, the normal apply & wait thing that most Malaysians do is not going to work for you. The fact that your varied work history and Uitm diploma makes you suitable for nothing in particular will turn off many companies from taking the trouble to apply for a work permit for you since you have no particular skill. Plus the fact that you're Mandarin challenged will exclude many service jobs in small to medium businesses.

Agents are one possibility to place you into a factory, hotel or restaurant job. But seriously, I doubt if anyone in this thread is familiar with agents who cater to those areas. Maybe one of the guys who work at the shipyards can put you into touch with their unskilled labour providers.

My personal recommendation is the casinos (IRs or Integrated Resorts). They employ lots of foreigners and are not too picky on their skill sets as they are willing to train. I think they provide hostel as well. Go online to Marina Bay Sands and Genting Sentosa websites. IIRC, you can submit applications and get info there. Lots of non-haram jobs in the IRs if you're worried about that.

This post has been edited by seantang: Apr 4 2011, 06:22 AM
yeahs4.1
post Apr 4 2011, 07:18 AM

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QUOTE(alaskanbunny @ Apr 4 2011, 12:35 AM)
very true....

neway, i am sure most of you all gotten your increments and bonus for last year already/ care to share? this is not to brag or showoff but just as a comparison...? i will start with mine...
1. alaskanbunny
a. years working: 1 1/2 years
b. industry: trading/manufacturing
c. increment: 10% <<<--- reasonable? i expected 35%, supervisor advice to demand for 20%
d. bonus: 5 months
*
damn, mine is like... cry.gif

it's about time to move on

This post has been edited by yeahs4.1: Apr 4 2011, 07:19 AM
Lester1987
post Apr 4 2011, 07:37 AM

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QUOTE(seantang @ Apr 4 2011, 05:35 AM)
Which EP? Q1, P2 or P1?

If P1 with those percentages and months, then you need to buy lunch for everyone.


Added on April 4, 2011, 6:15 am
Since you're short of time, the normal apply & wait thing that most Malaysians do is not going to work for you. The fact that your varied work history and Uitm diploma makes you suitable for nothing in particular will turn off many companies from taking the trouble to apply for a work permit for you since you have no particular skill.  Plus the fact that you're Mandarin challenged will exclude many service jobs in small to medium businesses.

Agents are one possibility to place you into a factory, hotel or restaurant job. But seriously, I doubt if anyone in this thread is familiar with agents who cater to those areas. Maybe one of the guys who work at the shipyards can put you into touch with their unskilled labour providers.

My personal recommendation is the casinos (IRs or Integrated Resorts). They employ lots of foreigners and are not too picky on their skill sets as they are willing to train. I think they provide hostel as well. Go online to Marina Bay Sands and Genting Sentosa websites. IIRC, you can submit applications and get info there. Lots of non-haram jobs in the IRs if you're worried about that.
*
oh ya, i think he can apply for those auxilary police in Singapore. quite well paid as well. And there are a lot non-chinese in those sector. But he need to be physically fit to be able to get that job. i got that contact from jbtalk forum. they got share how much they earn, the test and everything there. There is an Agent on that forum, but not sure if they only employ chinese since jbtalk is a chinese forum sad.gif
nicky87
post Apr 4 2011, 08:18 AM

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QUOTE(seantang @ Apr 3 2011, 10:43 AM)
Isn't that akin to wasting (or at best sub-optimising) 3 of the most important initial years of your career in a field that's suboptimal for your chosen vocation ie. investment banking, for a qualification that useless for investment banking?

Wouldn't it be better to cut your losses (ie. ignore the sunk costs) and spend the next 3 years in an investment bank pursuing a CFA instead?
*
QUOTE(seantang @ Apr 3 2011, 01:12 PM)
That just means most just wasted a few years gaining sub-optimal experience. Unless getting older is no issue, this could be a significant penalty.

One of the biggest regrets of my career was that I spent the first 3 years in audit firms instead of joining the MNC I'm in now, right out of university. Although Big4 experience made it fairly easy to join any MNC I wanted, I found that despite my Big4 background, I still needed to spend 2-3 years to gain credibility within the organisation and build the relationships to convince the bosses that I was someone whose progress is worth their support. As a result, I was put on hi-po or fast track when I was 28, compared to my peers who got in when they were 24-25. On this route, you can get promoted every 2-3 years. Even today, I find that my peers ie. those in the same hi-po batch as me, are still 1-2 levels ahead of me. This can be frustrating as I have more experience. What's even more frustrating is that they are a few years younger and technically have more career time to get more promotions than I do. They can potentially retire 3-4 levels higher than me.
*
Thing is with my qualification, despite what I have achieved now, my education background is quite what IB's like so to speak... I mean they have loads of applicants with strings and strings of A's... whereas I only started to excel after A-lvls... A-levels was a bad time for me in general I am truly ashamed of my achievement there... I have tried to apply for investment banks and am waiting for replies however now as things stand I only have an auditing job in singapore on one hand and a telecommunications management trainee job on the other...

I do question whether the 3 years of slogging in the audit firm is worth my while however it looks like its the best choice for now. Only human ties are holding me back from moving to Singapore I guess... ot looks like from your experience spending the three years in an audit firm could have been used in a better way as you put it.

CFA is not cheap to pursue and I do not wish to make my parents pay for it... I would only pursue CFA should someone sponsor me to take it.

QUOTE(Aloong @ Apr 3 2011, 10:08 PM)
1. i do hope u get wat i meant, cos i was trying to say if ur objective is to go into IB, better go for auditing, as compared to finance/internal audit. The latter tend to see a smaller pic and ur focus is only on one company for few years with unnecessary depth of experience.

2.  Actually u still can get ACCA membership by working as analyst. no difference. U only need to work in audit/finance, if u wana be an accountant,with those MIA membership or if u wan to sign accounts. If u do have chance to get into banking as analyst, indeed better tho, like wat sean said. But bare in mind not any analyst job. make sure it's either front office, credit analyst or real analyst (as in research/equity/fixed incomce). Not those back office analyst level, like processing dept/finance dept/audit, compliance, etc. 

3.  Nonetheless, do finish up ur 2 last ACCA papers. CFA is very very tough. For IB roles, CFA is indeed more recognised than ACCA, provided ur are capable enuf to get one.
*
Yeah I do get what you mean. Thanks ^^

as someone else said in the thread... I can??? because looking at the PERs it looks to be quite tailored to an audit firm.

I will definitely finish the last 2 papers in ACCA I mean it's already within reach... not going to give up half way. Not in my character to do so...

QUOTE(Samuelton @ Apr 3 2011, 12:59 PM)
Hi,

Good day
Seantang

Nice to know you

I am new here and it is quite often to seen you always post some comment within the forum of job& street, especially more on here and the other. Can you guide me how to get into the good-environment firm in singapore( How about the big 4 in singapore and other well-know accounting firm)? if you don't mind, can I contact you personally by facebook? because right now I am desperately hope that I will be able to get the job in Singapore, despite I am going to graduate soon, but not later. And, generally, I have My CV sent to the firm through Job DB quite some days ago, and still not able to get any respond from them, will this consider be rejected by them ?
At last, hope someone is able to enlightening me through "dark water" dilemma, as chinese said.

Thanks you very much.
*
it takes weeks for firms to reply you be patient ^^;;; I waited from december to february before getting my first response!
crapp0
post Apr 4 2011, 09:35 AM

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Anybody know the cost of antiviral meds? Specifically "aciclovir".

A close fren of mine mom was admitted into hospital with a viral infection in her brain and the cost of the antiviral med is very expensive.



This post has been edited by crapp0: Apr 4 2011, 09:59 AM
Laine
post Apr 4 2011, 10:32 AM

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hi, me and my wife is leaving to SG this Friday. My current company HR has prepared a borang CP 21 and ask me to submit to LHDN to clear 2011 tax. however, my wife's employer did not prepare this for her. Is this a compulsory thing before we leave the country?

Thanks.
crazy25kid
post Apr 4 2011, 11:29 AM

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QUOTE(Laine @ Apr 4 2011, 10:32 AM)
hi, me and my wife is leaving to SG this Friday. My current company HR has prepared a borang CP 21 and ask me to submit to LHDN to clear 2011 tax. however, my wife's employer did not prepare this for her. Is this a compulsory thing before we leave the country?

Thanks.
*

It is compulsory for the company to issue it, but for me, the company submitted to LHDN. laugh.gif laugh.gif
It is just like a procedure if you leave the country, just like withholding your last salary pay.
After that, they approve the release of your last pay.
To avoid red tape, they can give you EA form following year instead (just like you never told them you leaving the country)

CP21 kinda looks like EA form which is not all you need to file income tax.
If you have PCB, you need that sheet too as CP21 does not include those information. sweat.gif sweat.gif (You may have to request from your company)
Other relieves like insurance will only be sent to you next year.
Just remember to file next year during income tax season.


This post has been edited by crazy25kid: Apr 4 2011, 11:37 AM
Laine
post Apr 4 2011, 01:12 PM

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QUOTE(crazy25kid @ Apr 4 2011, 11:29 AM)
It is compulsory for the company to issue it, but for me, the company submitted to LHDN.  laugh.gif  laugh.gif
It is just like a procedure if you leave the country, just like withholding your last salary pay.
After that, they approve the release of your last pay.
To avoid red tape, they can give you EA form following year instead (just like you never told them you leaving the country)

CP21 kinda looks like EA form which is not all you need to file income tax.
If you have PCB, you need that sheet too as CP21 does not include those information.  sweat.gif  sweat.gif  (You may have to request from your company)
Other relieves like insurance will only be sent to you next year.
Just remember to file next year during income tax season.
*
thanks! very informative... smile.gif

my wife has already requested from them just now but they said need one week to prepare. by that time we already left the country. in this case, will she have any difficulty in leaving or re-entering malaysia next time?

hmm.. the officer gave me a 2010 income tax form but she crossed out the 2010 and put it as 2011 by using marker pen... sweat.gif she asked me to fill up and submit back to them tmr together with 2010 EA form. so do i still need to file my income tax next year? shocking.gif i am kinda confused by this... hmm.gif
crazy25kid
post Apr 4 2011, 01:31 PM

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QUOTE(Laine @ Apr 4 2011, 01:12 PM)
thanks! very informative...  smile.gif

my wife has already requested from them just now but they said need one week to prepare. by that time we already left the country. in this case, will she have any difficulty in leaving or re-entering malaysia next time?

hmm.. the officer gave me a 2010 income tax form but she crossed out the 2010 and put it as 2011 by using marker pen...  sweat.gif she asked me to fill up and submit back to them tmr together with 2010 EA form. so do i still need to file my income tax next year?  shocking.gif i am kinda confused by this...  hmm.gif
*

No issues for my case.
My CP21 came after like a month after I started working in Singapore.
No issue going back to Malaysia for CNY back then. laugh.gif laugh.gif

For the EA form, yea, they did that for my wife too.
We did not submit the crossed out form to them at all.
For income tax, this is purely my opinion only.
As I mentioned before, we can't really submit our tax claim yet.
We need PCB and also some other documents (insurance and relief receipts) which are given the following year.
I just filed income tax for my wife last week when she left mid of last year.
Heck, we even had to request for the PCB form from her previous company halfway filing as it was not provided. sweat.gif sweat.gif

This post has been edited by crazy25kid: Apr 4 2011, 01:33 PM
Hean
post Apr 4 2011, 01:43 PM

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QUOTE(Laine @ Apr 4 2011, 10:32 AM)
hi, me and my wife is leaving to SG this Friday. My current company HR has prepared a borang CP 21 and ask me to submit to LHDN to clear 2011 tax. however, my wife's employer did not prepare this for her. Is this a compulsory thing before we leave the country?

Thanks.
*
QUOTE(crazy25kid @ Apr 4 2011, 11:29 AM)
It is compulsory for the company to issue it, but for me, the company submitted to LHDN.  laugh.gif  laugh.gif
It is just like a procedure if you leave the country, just like withholding your last salary pay.
After that, they approve the release of your last pay.
To avoid red tape, they can give you EA form following year instead (just like you never told them you leaving the country)

CP21 kinda looks like EA form which is not all you need to file income tax.
If you have PCB, you need that sheet too as CP21 does not include those information.  sweat.gif  sweat.gif  (You may have to request from your company)
Other relieves like insurance will only be sent to you next year.
Just remember to file next year during income tax season.
*
We still need to declare even though the annual amount is less than the eligible amount to pay tax?

I worked for 2 months in 2011, left for Singapore but coming back intermittently. Will there be any problem in my loans, etc?
cheeyt
post Apr 4 2011, 01:57 PM

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To Nicky87

I think u and all other accounting graduates have the same mindset, that is to join audit firm as it will help u to get ur membership after 3 yrs of exeprience.

we all have been brain wash by our lecturers.I think u need to know why u wan that membership and also what u wan.

u dun get promotion or increment after u get ur membership .so, as long as u know what u wan , why let this membership thingy restrict u??

by the way, I have friends who get their membership without joining audit firm.


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