based on this table https://www.imoney.my/articles/income-tax-g...assessment-2016

RM8000 * 12 month = RM 96000. so you get tax RM5600 + RM5460 (RM 26000 * 21%) = RM 11060. so that would be around RM921.70 per month.

If you happen to get a 1 month bonus of 13 months salary. you will fall under the next bracket  where you have to pay, RM 11900 + RM 960 ( RM4000 * 24%) = RM 12860 which is roughly RM 1071.70 per month.

still, 1200 is not enough to claim back that income tax..

knn this gohmen..

so for people who pay income tax, and pay their PTPTN loan, can we say that they are double paying?

i mean, i give you money, you come up with a scheme to use that money to lend it to other people to get interest income.

and apparently the "other people" here is you.

so you are borrowing money from yourself and have to pay back with insterest?

hmm i hope i am explaning it right way..

hope sum one can get my point here

parents income?and some cases those who are doing part time studies, work while study?

8k is not a nett salary
And with today living expenses, 1.2k is burdening
If i loan and left 30k, repay 600 a month, i think 4 years would complete the loan. I think this is good.
Sure with 1.2k you can complete it in 2 years but is really should be up to the individual, not with such a scheme.