dbs/posb... lots of atms but usually with a long line... if you do open one at this bank do get their 'passion' debit card, lots of perks
i would prefer uob over ocbc.. like the perks of their credit cards, my former salary account
if you do get ocbc, get their ntuc card...

others
standchart, convenient if you want an easy way to trade stocks with no  min. brokerage
maybank, if you want to connect your msian bank acct n finance msian properties
citi/anz/hsbc, for their credit card perks n free signup goodies

Fresh grads see marginal rise in starting pay in 2014: Survey

=one out of five employers placed an average premium of S$214 per month for local university graduates compared with non-local university graduates
=average monthly starting salary for degree holders in three qualification categories - without Honours, with Honours (Second Lower) and with Honours (Second Upper) - is S$2,741, S$2,853, S$2,939 respectively
=TOP PAYING SECTOR: ENGINEERING

without Honours


diploma (poly)


http://www.channelnewsasia.com/news/singap...al/1330872.html

hi guys wanna ask you, i heard that if the HR of current company in KL knows that you are leaving to overseas to work for good (singapore etc.), they will hold your final pay as it is required by the malaysia government and you are required to settle all your tax for this year before leaving. is it true? Anyone knows about this?

Yes. If you are leaving the country you are responsible for getting tax clearqnce from irb. Only on getting the tax clearance your company will release ur pay. The reason why this is the case. . Is if theres unsettled taxes they were go aftrr your employer

but if i settle the tax now, then i will miss a lot of tax relief right? cause i still have insurance to pay every month until end of the year. Since that the tax for this year usually only need to be cleared next year, then they will only come after the employer if i don't settle it next year right? in that case, if i settle it next year, should not be a problem right? i just don't let me current employer know that i'm going where to work next.

it just sounds like you are to settle the tax now.
technically, u can still file it next year as per normal cycle
y u ask? because the form for income tax filing is not available yet for the year 2014
further more, if u have PCB...you are actually paying more and they need to refund u
the clearance is just for income tax department to say okay then company issue a CP21 (leaving country version of EA form in my opinion...LOL)

I'm planning to just tell my current employer that I haven't found any job yet and still finding locally so that they won't hold my last pay.

but if i settle the tax now, then i will miss a lot of tax relief right? cause i still have insurance to pay every month until end of the year. Since that the tax for this year usually only need to be cleared next year, then they will only come after the employer if i don't settle it next year right? in that case, if i settle it next year, should not be a problem right? i just don't let me current employer know that i'm going where to work next.

Cause I just don't want the company to hold my pay like that. Since that I'm leaving the country and have PCB every month, I'm quite sure is that the government will owe me money. But if I settle the tax now, I will miss quite a lot of tax relief. I'm planning to just tell my current employer that I haven't found any job yet and still finding locally so that they won't hold my last pay. Then next year only I settle the tax with them actually.

Just don't like the idea of my last pay being hold like that.

In the first place why do you need to tell your current employer anything?

no la, means i have to keep quiet and not even let my colleagues or anyone in my company know where i'm going next. news travel very fast in our company, one colleague know, the whole company will know d...

i scared the company want me to sign a letter saying that i won't be going overseas or something like that...

Hi wanna ask about tax.

For first year workers, you are getting taxed for 15% if u worked in SG less than half year right? Does that count until 31 Dec of every year only?

Btw, I read that the 1st 22k is exempted from tax, but is this applicable for both non-tax residents n tax residents, or only tax residents?
Thanks

Cause I just don't want the company to hold my pay like that. Since that I'm leaving the country and have PCB every month, I'm quite sure is that the government will owe me money. But if I settle the tax now, I will miss quite a lot of tax relief. I'm planning to just tell my current employer that I haven't found any job yet and still finding locally so that they won't hold my last pay. Then next year only I settle the tax with them actually.

Just don't like the idea of my last pay being hold like that.

If i am not mistaken as long as it is less than 6 months of work they will tax 15%. More than 6 months is back to normal resident rate.

They just want to suck your blood, so if you work short term assignment they want more blood from you. If you are there for longer term then they wont tax as much because you are living in their hive.

Yeah... That's why I accepted the offer even though it's below average.

Btw... 1.8k 10 years ago? Can't compare la... SG no inflation over 10 years? I don't believe lo

Difficult employee problems. .. or you just dont trust ur ex co?

Good reason why you should never ever trust your company employees or any other company in the future.

I know it is your good intention to tell others about your career advancement, but life is not as simple as it is. People can get jealous and stab you in the back.

Be wiser next time.

that rule was set by the government, not the company
i doubt the company would like to hold your pay and waste resources keeping track on when they can pay u back instead of paying u when u leave.
like i said, it just sounds like u need to pay the tax now
when i left, i did not even deal with the income tax dept at all.
i resigned, company held my pay for abt a month, i filed my tax as if i was still working in MY in april/may during the filing season.

Fyi... the same shit happens in singapore if u leave ur job in sg on an ep.. the co here will do the same thing. Deal with it.

imagine goin back MY after working and no PR
bank account cannot close cause salary cannot masuk some more go minimum sum to maintain
need to come down another trip just to close the account