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> Income tax Malaysia vs Singapore, Latest rates

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ocphangaz
post Jun 30 2015, 02:18 AM

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QUOTE(tallrice @ Jun 29 2015, 11:04 PM)
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...
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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.
zephyrus9999
post Jun 30 2015, 02:41 AM

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

just cukur back in msia
TSOM
post Jun 30 2015, 02:55 AM

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is it time to migrate to Singapore?
empire23
post Jun 30 2015, 04:38 AM

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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
SUSekcit
post Jun 30 2015, 08:17 AM

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QUOTE(this issit! @ Jun 30 2015, 12:23 AM)
nuwater tu apa?

air tahi aku, aku makan kacang, aku berak, org singapore airnya crunchy.
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...baik minum air sungai/longkang jer. lagi sedap kan...
SUSthe99percent1
post Jun 30 2015, 09:32 AM

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

Don't take loans either. Pay in cold hard cash like a boaaass
TSeXTaTine
post Jun 30 2015, 09:35 AM

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QUOTE(the99percent1 @ Jun 30 2015, 09:32 AM)
Lol.. who pays malaysian tax? Just don't declare ur salary la.. 0% tax wink.gif..

Don't take loans either. Pay in cold hard cash like a boaaass
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Business owner maybe can la, employee can don't declare meh? Unless you didn't pay EPF....sure can trace one....
ganz
post Jun 30 2015, 09:44 AM

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QUOTE(budakdegilz @ Jun 29 2015, 11:16 PM)
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%
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QUOTE(toyotasupra675 @ Jun 29 2015, 11:21 PM)
Public medication in singapore almost not subsidised at all

Be grateful

Kalau tk bersyukur berambus saja dr malaysia,aku tk rugi pun
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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)
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QUOTE(Artus @ Jun 29 2015, 11:33 PM)
SG no need high income tax. Pay one COE in SG also tengah mati already.
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QUOTE(Luke Bryan @ Jun 29 2015, 11:42 PM)
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?
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QUOTE(grinders @ Jun 29 2015, 11:46 PM)
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%  shocking.gif

Singapore GST = 7% in SGD  sweat.gif
61k can buy you new car in cash  thumbup.gif
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this is forum.lowyat.net.sg

jangan persoal cool2.gif cool2.gif
pml_318
post Jun 30 2015, 10:10 AM

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inb4 sg is developed nation laugh.gif
thomasyke
post Jun 30 2015, 10:47 AM

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QUOTE(eXTaTine @ Jun 29 2015, 11:43 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.
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You're welcome to take a paycut and earn 100ksgd from 265k myr
Exiled_Gundam
post Jun 30 2015, 11:48 AM

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Wasn't tax you should measure in percentage instead?
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