I file income tax in Malaysia 2 years ago since I can claim back my PCB, after than I didn't fill it.

Before I came over to SG I did clear all my Malaysia income tax and told them I was leaving the country (CP21 form).

Just received a SMS from the tax man.

$$$ gone lioa

This post has been edited by LiangZhuge: May 9 2014, 05:42 PM

yeah, when yumcha ? JB yamcha ?

Just wondering, how did he managed to exit Malaysian side of the causeway without passport ?

Looks can be deceiving

I personally know of friends who are in the red financially but from the outside you see them with new cars every couple of years , nice phones and stuff. And on the other hand don't discount the uncle with short pants and slippers . It is how you want to project yourself / care to project yourself.

"We buy things we don't need with money we don't have to impress people we don't like."

50K is definitely doable in the long run (say 3 to 5 years++ - again depending on industry), but again you might be lucky getting it on your first or second job. 100K is bit of a stretch in 3 years but they are some who did it (macam MLM, some do achieve the dream - then the rest of us mortal .... that is a another story for another day )

like what Fiona Chin said, if you don't like all the hassle (LOI, etc) just find another place to rent/ landlord which doesn't have so many processes, is not like Singapore is only left with a few room / units to let.

I personally don't think that an agent should get the 1 month rent when all he/she does is just show up in front of the unit and show with a piece of paper for me to sign.

I renting mine without paying the agent fee. Any agent/ landlord which require me to pay the agent, I just decline. It might take me some time but I eventually found one that suit my liking.

I am also in support, what so boring about it ? Everyday sit in office, surf net and wait for end of month $$$

Just keep polishing your current skillset and add more stuff that interest you into your skillset would be my advise. No point for you to chase a certain 'in thing', it might be in demand now, but when you are about done with it, its no longer a shinny thing. With your expanded skillset more opportunity will open up for sure.

I am assuming here you are doing normal IT in-house support (my printer can't print, why internet slow, etc), and this are getting boring having the same issues reported again and again. Perhaps you can research on using different ticket tracking, creating a self help wiki for the staff or wiki for your support colleagues (if there is none right now), POC, etc .. so many things to improvise , doing that and suggesting to your higher up will also put you in their radar for promotions, etc... or potential cold storage (since you might be a treat to them) hahahaha

Do you think you will serve the fill 2 year contract ?

Check the exit clause, maybe once you are here and have a nice linked in account, people might start calling you.

Why is the deal with most of you guys/girls wanting to apply for PR? Don't you all know you kena a 36% indirect tax

Getting PR will lower you employability in the eyes of sweatshops companies as well

indirect tax I guess my sarcasm was lost in the mix , and I am humble peon who walks to work and can't even afford a tree house in KL

Well for the uninitiated, your CPF monies will also be used to buy/ force insurance (even if you already have a policy back in MY). New ruling to buy HBO (second hand) is after 3 years being PR.

Not if you are living in peninsular Malaysia, even if you no longer work in Singapore / no longer a PR. Only way is to get the $$$ (before 55) is to emigrate somewhere outside of Malaysia.

Sabahan and Sarawakian can take it out before 55 by stating they will not return to work in Singapore. If they return, they need to repay the $$$ into CPF + interest

Caveat emptor !!!

Only way to get the $$$ is to Keluar from Malaysia (if you are peninsular Malaysian AKA Malaya). Go get a Indonesia citizenship, Australia citizenship, Thailand citizenship etc.
Or you balik MY (after renouncing your PR and stop working in SG) and wait long long until 55 and come back to Singapura to get your $$$.

If you Sabahan or Sarawakian, you can balik to Malaysia (east or west) and take the $$$ (renounce PR) but must sumpah you will not come back to Singapore to work. If you come back to Singapura to work again then you will kena sumpahan to repay all the CPF $$$ + interest (of the year you didn't leave the $$$ in CPF) if you are taking PR again.

Ada faham ?

This post has been edited by LiangZhuge: Jul 14 2014, 06:12 PM

20% your side (max $1000 monthly - if not mistaken), 16% employer side (can't remember the max +- $1k monthly ?) .. again my sarcasm is lost (CPF is your money, so 36% is the "forced savings/ indirect tax")

Some good sweatshops do pay you the 16% even if you are not PR but sadly my sweatshop don't

Once you taken PR and renounce it, cabut with the $$$ and sumpah will not come back, later you want to balik work in SG (via EP or WP), what do you think the chance of getting the permit ?

Once you cabut with the $$$, West Malaysia don't care as is not binding to SG laws. If you are really afraid then don't go to SG anymore after than.

One that I can think of at the moment is Medical bills. At least RM 1 you can still see doctor in government clinics / Hospital. Getting cured or not is another story

Additional point - As long as you are not transiting in Singapore for flight as well , How much are you @rawrkun trying to cabut from, if you high flier ($120k per annum), $7950 you cannot afford a ?

Now I feel so underpaid, both in Malaysia and Singapore

If there is Maybank ATM (or any of the ATM5, near your area) then you can try Maybank SG. Fall below limit if not mistaken is $500 daily average but don't have that much ATM compared to DBS/POSB. You may need a Maybank MY account number though. Note that in Singapore you will need to use the bank own ATM and not like Malaysia where you can take $$$ from another bank's ATM.

Just ask the SG tax man when you fill the tax form next year.

Even if you kena max % as you are a non-tax resident for that year, you can claim back the extra you paid by year 2 or 3 as the tax resident is calculated not yearly but also as a stretch of days in x number of year.

Same for Malaysia, if you have worked as a tax resident for > 3 years, the last year if you worked say 5 months and leave for SG, you are still regarded as a MY tax resident and get all the deductions. Check the IRAS and LHDN website or the old thread as I wrote something about this previously.

Balik to retire lah

My thinking .. say you start work at 20 until 55 (35 years)
Work in SG 35 years / 2.5 (exchange rate) = 14 years

Work in Singapore 14 year (20 + 14) = 34 balik retire and enjoy life