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 Earning Salary More than RM 5K, Those below 28, share ur tips here!!

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chong82
post Jun 26 2008, 04:17 PM

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QUOTE(superich @ Jun 26 2008, 01:58 AM)
I dont quite agree on this....
in my first company , those sap people get peanut pay.

I'm not doing SAP but i'm earning RM3k per day, yes... per day. I'm a contractor, i work 20 days per month.
and i'm 27+ yrs old...

I'm doing IT also ;D
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Wow 3k per day, hehehe.
To those who thinking of working as contractors, because you heard ppl saying they earn up to 20k per month or can buy a car with monthly salary, think again. They havent mention whats the amount they need to pay for the income tax. hahahahahhah

been there, done that, hurt most.
chong82
post Jun 26 2008, 04:47 PM

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QUOTE(yieloon @ Jun 26 2008, 04:23 PM)
Are you sure contractors are force to pay tax?
My current TL is a contractor, I don't know the exact amount he is getting paid but I am estimating around 300usd/day. He doesn't getting any benefits from the company.IE no EPF and EA form. Basically my company act as an agent/headhunter.

He is usually on a 3 months contract and he don't pay any taxes and yes he is a malaysian.
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Miss (if i got it right), every malaysian are subject to pay income tax, unless you're anak agong or something, that im not sure whether they need to pay tax or not. hahahahah

It's either the person work under a headhunter company, and get paid from them or register his/her own company, they still need to pay income tax, yes you can choose not to pay, then can see whether you're lucky enough not to get a letter from LHDN demanding you to pay the outstanding amount. So far i haven't heard of any contractors didnt pay income tax, coz they know when the 'time' comes, imagine if you've been avoiding tax for 2 years, every month earning 20k, how much you're gonna pay later if got caught? hahahahah....

Most contractors will register a company, come out with virtual employee, saying that hiring friend or family members as employee so that no need to pay income tax so much. Enough said, revealed too much. hehehehheh

This post has been edited by chong82: Jun 26 2008, 04:50 PM
chong82
post Jun 27 2008, 11:15 AM

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QUOTE(razorzx66 @ Jun 27 2008, 10:52 AM)
emmm just wondering how come your wages is so high....i'm degree and diploma holder working for about 3 years in construction line...but yet still not eligible to pay tax....do i need to change company....yep i had jump 3 company...but still not eligible to pay tax...my starting wages is rm1400 (work like hell working hour is from sunrise to sunrise shocking.gif and handle about 4 project in hand +school in gombak+hospital renovation in HKL+some sort of Dewan orang ramai in Putrajaya all travel by my bike except army Diving training 7m deep pool project in lumut )..what to do...it takes me 4month to get that kind of work and wages doh.gif ..and i'm not choosy type... i think i really need serious advise... sweat.gif

and don't tell me it all about attitude...it all about the company decide...i take M.C's only when got really serious illness...if pening2 or body shattering cause tired i don't take m.c...never come late to work...and never bothered going back in the morning...or work in my priceless holiday...i only take leave for interview...now my works is better but still don't eligible to pay tax
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attitude is not about taking less MC or working hard everyday. IT's how you bond between the boss and you, ths kind of thing is quite normal, especially in consulting firm. This is the reality man~~~ you want ppl appreciate your hard work??? go work at chinaman company. hehehhe

Added on June 27, 2008, 11:17 am
QUOTE(superich @ Jun 26 2008, 08:21 PM)
oh my god man... are u a contractor as well ?

I registered a company tongue.gif yah.. my sisters and dad is the managers of this company , then i have a company car , company laptop, company office (my home)..... LOL.....  yah the tax is quite high , is optional to pay or not , but then no prob lah.. i oledi save a lot from tax liao (company expenses and assets) those money I will put into the stock market loh... still young, no nit worry first
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is this a trend or too much money? Most of the contractors will 'invest' in stock market... drool.gif

Added on June 27, 2008, 11:19 am
QUOTE(crayonhuat @ Jun 27 2008, 08:24 AM)
my age is gonna reach 25 on this year and i'm earning RM6K++ monthly.

i'm in IT line. Co. is oil and gas (secret)
smile.gif everything will be possible if you work hard and smarT ^^
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congrats~~~!!! work 'smart' is the key...

This post has been edited by chong82: Jun 27 2008, 11:19 AM
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