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> Income tax Malaysia vs Singapore, Latest rates

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everest
post Jun 29 2015, 11:20 PM

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TSeXTaTine
post Jun 29 2015, 11:20 PM

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QUOTE(alaskanbunny @ Jun 29 2015, 11:17 PM)
sg very stressful, very boring, singkie company likes to bully msian, cannot rape rob or eat chewing gum, a lot of prc n bangla, car n house exp, drink urine, sucky food.... please stay in msia
*
You mean you prefer country with more rapists and robbers? Malaysia more bangla...now adding another 1.5 million banglas for blue IC....WINRAR!!
SUSmemekfalui
post Jun 29 2015, 11:21 PM

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QUOTE(this issit! @ Jun 29 2015, 10:58 PM)
but singapore minum air tahi
*
Smart people go eat tahi in foreign land

Dumb people eat only eat local tahi

Same shit different smell laugh.gif
SUStoyotasupra675
post Jun 29 2015, 11:21 PM

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Public medication in singapore almost not subsidised at all

Be grateful

Kalau tk bersyukur berambus saja dr malaysia,aku tk rugi pun
SUSgrinders
post Jun 29 2015, 11:25 PM

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QUOTE(eXTaTine @ Jun 29 2015, 10:55 PM)
The purpose of this tered is to show the difference in income tax between Singapore and Malaysia

We use /k/ income as an example around RM20k/month. I didn't include the misc deductions as it will be too complicated. So I just give the basic example.
Malaysia
Consider someone earn RM280000 in 2015, taxable income is RM265000 after deduct RM9000 for Individual relief and RM6000 for KWSP.

Refer to
http://www1.malaysiasalary.com/income-tax/...n-malaysia.html

Taxable income RM265000. Total tax payable is RM47900 + 15000 X 0.245 = 51575, or 51575/280000 = 18.42%
Singapore
RM280000/2.8 is SGD100k. Taxable income = 100k - 1k personal relief - 12k CPF = 87k

Based on https://www.iras.gov.sg/irashome/Individual...come-Tax-Rates/

Income tax for 87k taxable income is SGD3350 + 7000 * 0.115 = 4155SGD. Tax rate is 4.155%
Conclusion?
*
What laugh.gif

280000 vs 100 000

it should be

rm280000 vs sgd 280 000 nod.gif

compare sgd vs uk pound tax rate then and same value


tallrice
post Jun 29 2015, 11:25 PM

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QUOTE(toyotasupra675 @ Jun 29 2015, 11:18 PM)
So when poor peasant like u wanna get lost from here?
Faster lah become singapore citizen, TBH we dont need ungrateful faggots like u
*
macai butthurt? no problem coz i will 1 day...
and i never being proud to be citizen here...
always see shameful news coming from internatiol newspaper...
u can continue being a third world citizen living in this rotten country while 1 day seeing 1sgd equal to 1000000myr...
and u can still smiling big face buying roti for 1500000myr bcoz of umno
SUSalaskanbunny
post Jun 29 2015, 11:26 PM

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QUOTE(eXTaTine @ Jun 29 2015, 11:20 PM)
You mean you prefer country with more rapists and robbers? Malaysia more bangla...now adding another 1.5 million banglas for blue IC....WINRAR!!
*
some ppl say sg too boring... need more rape n rob for fun... hmm, looks like sg kalah msia for bangla...


SUSgrinders
post Jun 29 2015, 11:26 PM

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in Sgd there is income tax for non resident
SUStoyotasupra675
post Jun 29 2015, 11:27 PM

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QUOTE(eXTaTine @ Jun 29 2015, 11:20 PM)
You mean you prefer country with more rapists and robbers? Malaysia more bangla...now adding another 1.5 million banglas for blue IC....WINRAR!!
*
I thought hundreds of thousands PRCs got their blue IC in Penang,during the GE13

Yeah diversion from your own conspiracy to others,well-played son
SUSbudakdegilz
post Jun 29 2015, 11:28 PM

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QUOTE(eXTaTine @ Jun 29 2015, 11:18 PM)
Malaysia GST also 6%, not much different. You can always use your CPF for housing, so its not really an issue there too.
*
can use only to buy HDB house own by gov
still go inside gov pocket (revenue) biggrin.gif

just like we have PPRT here (Projek Perumahan Rakyat Miskin Tegar)
tallrice
post Jun 29 2015, 11:28 PM

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QUOTE(eXTaTine @ Jun 29 2015, 11:20 PM)
You mean you prefer country with more rapists and robbers? Malaysia more bangla...now adding another 1.5 million banglas for blue IC....WINRAR!!
*
u cannot detect sarcasm? he means he is living happilly in sg while tell u all low class people to stay out from stinkapork
SUStoyotasupra675
post Jun 29 2015, 11:29 PM

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QUOTE(tallrice @ Jun 29 2015, 11:25 PM)
macai butthurt? no problem coz i will 1 day...
and i never being proud to be citizen here...
always see shameful news coming from internatiol newspaper...
u can continue being a third world citizen living in this rotten country while 1 day seeing 1sgd equal to 1000000myr...
and u can still smiling big face buying roti for 1500000myr bcoz of umno
*
Lel,sudah tau this country is rotten shithole...tp knp masih disini?
Oh u just another low-skilled peasant that failed to get any offer from other country
tallrice
post Jun 29 2015, 11:29 PM

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QUOTE(toyotasupra675 @ Jun 29 2015, 11:27 PM)
I thought hundreds of thousands PRCs got their blue IC in Penang,during the GE13

Yeah diversion from your own conspiracy to others,well-played son
*
try harder again stupid macai... u always trying to twist story from the truth to something lies...
vangla ke prc?
nearlee
post Jun 29 2015, 11:30 PM

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toyota butthurt as usual kek


Nearlee


TSeXTaTine
post Jun 29 2015, 11:30 PM

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QUOTE(budakdegilz @ Jun 29 2015, 11:28 PM)
can use only to buy HDB house own by gov
still go inside gov pocket (revenue)  biggrin.gif

just like we have PPRT here (Projek Perumahan Rakyat Miskin Tegar)
*
Not true, CPF can be used for any housing.
TSeXTaTine
post Jun 29 2015, 11:31 PM

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QUOTE(grinders @ Jun 29 2015, 11:26 PM)
in Sgd there is income tax for non resident
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Non-resident income tax = in the country for less than half a year.

More than 183 days in the country = taxed at resident rates.

This post has been edited by eXTaTine: Jun 29 2015, 11:32 PM
SUSgrinders
post Jun 29 2015, 11:31 PM

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after all local Singaporean hard to find job nowadays in Singapore.
Artus
post Jun 29 2015, 11:33 PM

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QUOTE(eXTaTine @ Jun 29 2015, 10:55 PM)
The purpose of this tered is to show the difference in income tax between Singapore and Malaysia

We use /k/ income as an example around RM20k/month. I didn't include the misc deductions as it will be too complicated. So I just give the basic example.
Malaysia
Consider someone earn RM280000 in 2015, taxable income is RM265000 after deduct RM9000 for Individual relief and RM6000 for KWSP.

Refer to
http://www1.malaysiasalary.com/income-tax/...n-malaysia.html

Taxable income RM265000. Total tax payable is RM47900 + 15000 X 0.245 = 51575, or 51575/280000 = 18.42%
Singapore
RM280000/2.8 is SGD100k. Taxable income = 100k - 1k personal relief - 12k CPF = 87k

Based on https://www.iras.gov.sg/irashome/Individual...come-Tax-Rates/

Income tax for 87k taxable income is SGD3350 + 7000 * 0.115 = 4155SGD. Tax rate is 4.155%
Conclusion?
*
SG no need high income tax. Pay one COE in SG also tengah mati already.
SUSYellowKingValley
post Jun 29 2015, 11:33 PM

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Lu Singapore PR liao. Why are you in this forum?
TSeXTaTine
post Jun 29 2015, 11:34 PM

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QUOTE(grinders @ Jun 29 2015, 11:25 PM)
What  laugh.gif

280000 vs 100 000

it should be

rm280000 vs sgd 280 000  nod.gif

compare sgd vs uk pound tax rate then and same value
*
To compare income tax fairly, we should use absolute values.

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