Outline ·
[ Standard ] ·
Linear+
[WTA] Working in Singapore, EPF/Tax reduction
|
TSszeping
|
Jul 23 2006, 12:46 PM, updated 20y ago
|
|
I just wonder, how much % of EPF and tax (for foreign workers) they incur on us (Malaysians) to work in Singapore?
In Malaysia, our EPF distribution is 12% (employer) and 11% (ourselves), but I heard in Singapore, it is 20% (employer) and 11% (ourselves)? But how's the procedure of getting it back if it is possible if we quit working after several years?
And, what about Singapore taxation, as well as Malaysia's tax? Will it be higher?
|
|
|
|
|
|
TSszeping
|
Jul 24 2006, 07:47 AM
|
|
No one from Singapore here?
|
|
|
|
|
|
Ranny
|
Jul 24 2006, 12:10 PM
|
|
Singapore tax is lower than malaysia.
i think u have to reach retirement age only can get back ur CPF savings.
This post has been edited by Ranny: Jul 24 2006, 12:10 PM
|
|
|
|
|
|
TSszeping
|
Jul 25 2006, 08:01 AM
|
|
QUOTE(Ranny @ Jul 24 2006, 12:10 PM) Singapore tax is lower than malaysia. i think u have to reach retirement age only can get back ur CPF savings. Singapore tax is lower, but we still need to pay Malaysia tax is it?
|
|
|
|
|
|
kb2005
|
Jul 25 2006, 08:33 AM
|
|
QUOTE(szeping @ Jul 25 2006, 08:01 AM) Singapore tax is lower, but we still need to pay Malaysia tax is it? If you work in Singapore, you do not need to pay Malaysia tax.
|
|
|
|
|
|
lighching
|
Jul 25 2006, 09:23 AM
|
|
u need have PR/EP(>$3K) status before an EPF reduction.
u need a work permit before Tax reduction not mistake is after > $1.5K. u just file your income tax every year if u working at s'pore. if not when u came back m'sia, a tax letter may came to you.
|
|
|
|
|