Malaysia tax:
On the first 2,500 0% 0
On the next 2,500 1% 25
On the first 5,000 - 25
On the next 5,000 3% 150
On the first 10,000 - 175
On the next 15,000 3% 300
On the first 20,000 - 475
On the next 15,000 7% 1,050
On the first 35,000 - 1,525
On the next 15,000 13% 1,950
On the first 50,000 - 3,475
On the next 20,000 19% 3,800
On the first 70,000 - 7,275
On the next 30,000 24% 7,200
On the first 100,000 - 14,475
On the next 50,000 27% 13,500
On the first 150,000 - 27,975
On the next 100,000 27% 27,000
On the first 250,000 - 54,975
Exceeding 250,000 28% -



Singapore tax:

For the first S$20,000 0%
S$20,000 - S$30,000 3.5%
S$30,000 - S$40,000 5.5%
S$40,000 - S$80,000 8.5%
S$80,000 - S$160,000 14%
S$160,000 - S$320,000 17%
S$320,000 and above 20%


Majority ppl fall into 40000 - 90000 range. For example,

40000, SG is 8.5%, MY is ~5.43%
50000, SG is 8.5%, MY is 6.95%
55000, SG is 8.5%, MY is ~8%
60000, SG is 8.5%, MY is ~9%
80000, SG is 8.5%, MY is ~12%
100000, SG is 14%, MY is 14.475%

What I mean was majority of the mid range working class (in late 20s - 55) in MY is around 3000 - 7500 per month. The backbone of a society in tax system. Ppl with 2k per months is almost no tax incurred. Most of the professionals workers are getting about that range. Since we are talking working class now, we view the point from working class. If someone have 5+ years of working experience and still not over 3000 per month, he must be doing something wrong or simply not performing.

---

Added on October 22, 2007, 12:03 amsure, it is annual income.

This post has been edited by huix: Oct 22 2007, 12:03 AM

Man without a car is like man without a GF jk ehehehe to be honest, man and car...have special bond... only if we can afford or not.