ya, my first gaji only Rm1k/month. I poorfag.

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Added on October 25, 2011, 9:30 pmlol, buy one 28k Viva 660 also safer than motorbike.

This post has been edited by V12Kompressor: Oct 25 2011, 09:30 PM

ok lor, mine was 2.7k as engineer a decade ago, but i accepted a 1.8k gaji 6mth later in sales of a different industry.. need to download all the customer database to start own business..

goodla. Now the business is serving you well (based on the car collection you have now).

okok lor.. in malaysia, still do sales/own biz is better.. unless climb the corporate ladder with big bucks in those salary.

would like one german car like new 5series, saw some 2010 520d or 523 hovering at 300-320k now.. but it kennot tahan 40k milage per year if i only use one main car.. sure kaput here n there wan with big repair bills..
so at least 2 D segment japs to share the traveling workload for the time being..

me still young gotta learn more from guys like you

which field you in? i think got potential if willing to put the smart long hours initially.

sales also

got to earn some moolah before restart back my own business.

yeah man.. go for it when capital and customer base is strong enuf.

but why u said you no more epf socso? running own bizness usually is liddat wor.. u started own biz liao?

ada register own company, but that company now defunct edi.

next time when you pay income tax at 26% then u sakit hati liao

i'm at the 24% bracket

even after soo much deduct here, deduct there

i think it's time for me to get a wife and some kids already. can help to increase deductibles...

If have a GF shall go ahead

sure, they will help reduce your monthly salary also..

Wah so serious ah you all now can be a 660cc or motorbike or income tax too
I'm quite interesting of the hot toppic right now.

Ha ha ha

Sigh,is a good place to discuss

already 24% ... hitting 26% next year... sakit hati paying those morons who bought plasma TV at rm16k...

Chose Savvy coz got discount of RM7k. So it's RM40k - RM7k = RM33k. Not sure how much was BLM's price at that time but I prefer a smaller car coz easier to park and I heard BLM isn't fuel saving.

Yeah, Savvy's service is quite pricy. But I don't travel much (about 10k-15k per year), so it's still ok.

This post has been edited by FlamingFox: Oct 27 2011, 12:57 AM

I'm already at the highest bracket
I'm thinking to ask boss whether can issue my salary in HK/SG and include in the employer EPF into salary. But need to check the taxation there. SG is flat 15% IINM for foreigners not residing >190? days in SG.

If wife is also working and >36k p.a., no point do combine tax declaration. Better do separate.

the wife >36k, do a separate assessnments, but the kids put all under your assessment

you are bloody right - malaysia income tax structure needs revamp

the bracket should be higher - those who earn 100k+ are not even rich. they are just mid-class and they have to pay 20 - 26% taxes

we couldn't even afford a nice ferrari...

just open a SB company lor, below 500k still flat 20% tax mah.. above that, open another..