1. No need to pay tax in Malaysia as you had paid in Singapore.

2. Can save 1k to 1.5k if not high spender and no commitment (e.g. pay insurance, house or car loan in Malaysia).

3. If you are desperate then can go for it. Else, can look for between 3k and 3.2k. Yet still need to see what other benefits of the current job offered. If the benefits is good, then why not.

Between My Second Home and Malaysia PR, which one is better?

Regardless of what is the company policy, the company need to follow MOM guidelines if you are covered under Employment Act. Which minimum 7 days per year (will be pro-rated accordingly) after 3 months service for the first service year. If your company does not give you that entitlement, they are violating the rules. You can talk to your HR in case your boss know nothing about the rules. Otherwise, you may call to MOM hotline to clarify and let your boss know.

If transfer from CIMB MY to CIMB SG (own account and 3rd party),can get the fund instantly in the CIMB SG?

Anyone know is there an agency in Singapore that operate the same or similar to AKPK in Malaysia? I got a friend got into financial trouble and I'm trying to look for solution on his behalf.

Edit: Found an agency called Credit Counselling Singapore (CCS).

This post has been edited by almeizer: Aug 29 2014, 04:27 PM

Just a suggestion, maybe can put all information into word document and upload for others to download? If were to update frequently, put the last updated date.

Something like FAQ also can. E.g. there a lot people asking the transport fee back and forth from JB to SG.

This post has been edited by almeizer: Sep 26 2014, 09:25 AM

Tax is not a concern in singapore. It's far more lower than malaysia as resident tax, even non resident tax also lower. As low as 2%.

But for your case, first year can't be resident tax because stay less than 183 days.

http://www.iras.gov.sg/irashome/page04.aspx?id=1190

This post has been edited by almeizer: Sep 26 2014, 01:33 PM

U still get taxed as non resident at flat rate of 15% of your income on that year. If you continue to work on the following year, then you will be taxed under resident tax. However, deodorant added that you can request to re-assess your previous year tax based on resident tax, but I'm not sure this part. The income tax same with Malaysia where have resident tax and non resident tax, just that you are Malaysian working in Malaysia, so you do not know about non resident tax. If you have any rental for your property and you did not stay in Malaysia more than 183 days, your rental will be taxed as non resident which at 26% (can't remember the exact percent, more or less) flat rate without any tax relief.

You started in sept definitely less than 183 days. So your tax will be based on non resident which will be flat rate of 15%.

No worry about declaring tax that you've earned from the company, because your company will submit your income tax via auto inclusion scheme (if more than 12 people in the company), or manual via IR8A form (if company did not opt for auto inclusion scheme). You just need to e-File others source of income such as rental or if you have tax relief that wanted to add in (e.g. life insurance, study fee, etc).

Other than that, pretty straight forward and easy compare to Malaysia where you need to submit yourself online.

It does matter on when you exit. If you exit later than 2AM (2:01AM) then it's charable of 1 day. I've tried using the calculator below provided by LTA.

http://www.onemotoring.com.sg/publish/onem...uiries/vep.html

If not mistaken, u need to return to your employer and settle the remaining such as balance of pay, return of assets, etc.

Wonder why you don't apply for No pay leave instead absent from work? You just loss the opportunity to work in SG.

This post has been edited by almeizer: Nov 24 2014, 02:57 PM

If you are going back to West Malaysia, you can only do full withdraw at age 55 by renounce your PR and not coming back SG to work.

But I'm not sure how they can identify whether you going back to West Malaysia.

CPF