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?

must ask Artus

wa! i didnt know so big difference…

but singapore minum air tahi

All water is air tahi...the fish also shit and piss in the river in Malaysia yo...

if SGD280000 anually?

so low 4+% ???

brb, sending online resumes to SG companies

wadepak? my current tax rate is 3x higher despite total gross annual income is lesser than stinkapork...
malaysia IRB wanna sucks dry our blood worst than a vampire...
third world will forever be third world...

Singapore is world renowned for its low tax rates.

Ehhhh why la share these info with peasant?

Later more and more peasant come sg and rebut kerja la

vodo... no need compare 280000...
87k sgd is only 4% vs 40k myr of 12%...
brainless people is brainless...
stupid macai is stupid maximum...

cukur only 20% msian worker pay income tax

This post has been edited by kamfoo: Jun 29 2015, 11:11 PM

Tax will be a lot higher of course but even more so in Malaysia.

I also peasant in SG a.....

But oops...why I encourage more pendatang come here??? Damn...

singapore is tax heaven for the richest
poor ppl in singkie still have to paid 12-36% of total wages for CPF
GST at 7%

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

x sukak -> keluar


Nearlee

TS compare like that is OK...brilliant...
I compare like this is macai?

considering the average income there is much higher than Malaysia, SGD100k can be considered as low income bracket..
while RM280k in malaysia is high income bracket...

Malaysia GST also 6%, not much different. You can always use your CPF for housing, so its not really an issue there too.

we got RM950 BR1M.......... Singapore don't have ..... so we r better than Singapore !

You mean you prefer country with more rapists and robbers? Malaysia more bangla...now adding another 1.5 million banglas for blue IC....WINRAR!!

Smart people go eat tahi in foreign land

Dumb people eat only eat local tahi

Same shit different smell

Public medication in singapore almost not subsidised at all

Be grateful

Kalau tk bersyukur berambus saja dr malaysia,aku tk rugi pun

What

280000 vs 100 000

it should be

rm280000 vs sgd 280 000

compare sgd vs uk pound tax rate then and same value

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

some ppl say sg too boring... need more rape n rob for fun... hmm, looks like sg kalah msia for bangla...

in Sgd there is income tax for non resident

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

can use only to buy HDB house own by gov
still go inside gov pocket (revenue)

just like we have PPRT here (Projek Perumahan Rakyat Miskin Tegar)

u cannot detect sarcasm? he means he is living happilly in sg while tell u all low class people to stay out from stinkapork

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

try harder again stupid macai... u always trying to twist story from the truth to something lies...
vangla ke prc?

toyota butthurt as usual kek


Nearlee

Not true, CPF can be used for any housing.

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

after all local Singaporean hard to find job nowadays in Singapore.

SG no need high income tax. Pay one COE in SG also tengah mati already.

Lu Singapore PR liao. Why are you in this forum?

To compare income tax fairly, we should use absolute values.

Coz local singaporean fresh grad already know they alredy lost the rat race towards pendatang from malaysia/india/filipina that doing the same job with half the salary

Because I am a Malaysian citizen.

Only if you work in Singapore and live in Malaysia. Otherwise you need to compare living standards.

Not going to marry a Singaporean and apply for an HDB meh?

This post has been edited by YellowKingValley: Jun 29 2015, 11:39 PM

Speak like malaysia so nice> while ringgit depreciate daily,

If a lot of PRC, any problem? Malaysia have lot of low mentality worker, bangla, indon which can't even thinks well. sucky food? obviously you never been to SG or you bodoh.

Wonder if you post your reply somewhere in the 1st world countries, Korea and etc. you will get laugh and graded as pinoy>

Then mind show us the SGD280k Singapore income tax and UK Pound Sterling 280k

Only fair & square if u work & live in singapore, .....not work in singapore but live in malaysia..conversion applied

he's stupid aka no brainer, just ignore it.

I agree with this.

Inb4 work in Singapore and live in JB.

I can't believe some people at here always comparing Malaysia and Singapore.

It shows you that you are ungrateful person. Don't you feel tired comparing all the time? Insulting your home country all the time?

This post has been edited by Luke Bryan: Jun 29 2015, 11:42 PM

No because this is not a living standards comparison, this is to show how much is the income tax in each country, we need to use absolute values.

This post has been edited by eXTaTine: Jun 29 2015, 11:44 PM

These people should just revoke their malaysian citizenship for good
Lets see how they gonna survive afterwards

Take this as personal challenge,singapore-buttlicker faggots

Anyway Roughly income tax for SGD280k annualy would be around SGD 42k

Which translate of 42k * 2.8 =112000

RM 112k annually income tax.


Malaysia RM280k would roughly around 51k

112k - 51k = RM 61000

Difference 61k or 46%

Singapore GST = 7% in SGD


61k can buy you new car in cash

This post has been edited by grinders: Jun 29 2015, 11:47 PM

arnus say ringgit depreciate very good.. can expork byk byk n serbis touris

i think i am bodoh... prc vera everywhere.... sg also go a lot of bangla n indon...

sg also a lot of pinoy...

pls dont go sg... stay msia!

bodosupra pantang dengan sg
sikit sikit paranoid
kek


Nearlee

But but...

US > Singapore
Australia > Singapore

However,

USD65k income tax is 15-25% (family or single).
AUD85k income tax is ~20%

This post has been edited by YellowKingValley: Jun 29 2015, 11:51 PM

It is not a comparison between living standards, it is a comparison of the income tax for each country. In other words, the purpose of this thread is to show how much is actually being taxed in the income. Therefore, we need to use absolute values. Your point is invalid.

This post has been edited by eXTaTine: Jun 29 2015, 11:52 PM

Btw Bruneian Dollar also 2.8 x Ringgit Malaysia.

And There is no income tax charge for individuals


Let calculate individual.

BND 280k annualy income tax chargeable = none

This post has been edited by grinders: Jun 29 2015, 11:54 PM

tldr

conclusion, siapa menang?

inb4 sg need rm 10mil to buy DSL..

Mungkin letih lihat orang buat perbandingan bodoh.

Brunei menang because no income tax charge to individual

conclusion: we contribute to our country more than sinkies, and we are mot patriotic than sinkies in money sense.
we love malaysia

RM6 million will do

Heh. Convert to citizen and buy house ba. Financially logical right? I mean.. u pay taxes to msia govt for what. All masuk pocket saja. Pigi la singapura dan menyokong kemajuan negara singapore.

Jadilah rakyat singapore. Anda pasti bergembira

kan?

u got it wrong with MY

Huh apa makna? U mean me or op?

But their GST higher oh?

nuwater tu apa?

air tahi aku, aku makan kacang, aku berak, org singapore airnya crunchy.

U go dubai no income tax yo!

sg got better br1m for everybody, for young students to old pipu.

And it is FINE city. Pun intended

cukkuuurr


coz i can

Malaysia, salary below 5k = 0% income tax yo.
for 2015.

Aiyo, you are calculating dollar to dollar, then don;t use convert SGD back to MYR and compare lar

Sure or not?

Cannot compare la....we got 1mdb...sg habuk pun tarak

people like you like to say dollar to dollar comparison... there are no such thing as dollar to dollar due to globalization. welcome to the truth!

BTW a 5 digit monthly earner is just an average earner in SG. DOLLAR to DOLLAR if you take the same tax bracket, it's just 20% difference.

stop promoting SG la. as if not enough malaysian banglas here already. pfff

just cukur back in msia

is it time to migrate to Singapore?

You'll need to compensate the Singaporean income with PPP rates. But generally Singapore's tax for all means and purposes will top out at about 10 percent.

Yes, the pay less than Malaysians.

This post has been edited by empire23: Jun 30 2015, 04:39 AM

...baik minum air sungai/longkang jer. lagi sedap kan...

Lol.. who pays malaysian tax? Just don't declare ur salary la.. 0% tax ..

Don't take loans either. Pay in cold hard cash like a boaaass

Business owner maybe can la, employee can don't declare meh? Unless you didn't pay EPF....sure can trace one....

this is forum.lowyat.net.sg

jangan persoal

inb4 sg is developed nation

You're welcome to take a paycut and earn 100ksgd from 265k myr

Wasn't tax you should measure in percentage instead?