QUOTE(holypredator @ Jun 1 2022, 01:47 AM)
Dude.... that is household income la dey.... comprehension and reading skill ain't your strong point eh??
Based on EPF data...
https://www.theedgemarkets.com/article/epf-...drawal-facilityT20 nationwide for single person is literally just earning above RM4,900...
If apply the same percentage logic of household income....which is 55% more than the national income...WPKL T20 for single person should be >RM7,595
Hahaha T20 at RM4900 is just sad.
QUOTE(holypredator @ Jun 1 2022, 05:12 PM)
Unless you are saying EPF is lying... I trust that is the case....
Single is indeed according to EPF is only >RM4.9k to qualify for T20 nationwide..
That doesn't really take into consideration if you hv to feed more mouths i.e. parents?
QUOTE(ZZMsia @ Jun 4 2022, 01:29 PM)
You are definitely living in your own world thinking that jobs above 15k don't exist in malaysia.
They do but its not easy to get those 15k+ jobs especially if cert isn't exactly the right one e.g. my case i do IT Product Management but I'm Marketing/Int'l business cert.
Even related field higher rank, the salary range indicated is lower than whatever I was pulling.
QUOTE(Rolexseller123 @ Jun 6 2022, 08:01 AM)
In SG and US you only get that kind of salary IF YOU CONVERT TO MYR. But that is an unfair comparison since you eat, rent and spend in SG or US. You are barely getting by.
Still there's more to it. Portion of food is bigger for the same dollar amount at least for SG - no need magnifying glass to see where's the meat.
RM5 can eat what? Nasi tulang (2017).
S$5 can eat sliced fish noodles with "more fish than noods" (2022)
Effectively even I B25 in my role here (which MY thinks I'm T20 what a joke) - the tax bracket is super cheap.
Unlike MY I was already paying C-level taxes
as a senior exec - that's really unfair.
And tbh.. good side of earn proper currency is the buying power. No need to sell kidneys.
QUOTE(dattebayo @ Jun 7 2022, 05:27 PM)
20k gross rakes in about 14.5k in nett
that's about rm3.5k paid as PCB monthly
even for entry five figure salary, that's 4 figures PCB being deducted, which can be used on maybe a 100k car installments
which makes people wonder
is our gomen even deserve that kind of money from us??
The taxes are very expensive in MY for the sub-par services rendered by the govt.
QUOTE(Mavik @ Jun 7 2022, 07:13 PM)
Paying taxes is the noble thing to do, whether they deserve it, at the current times, I don't think so as they keep on abusing it
That is true.. cannot run from the tax dept
I still don't regret moving overseas a.k.a.
declaring RM0 taxes to LHDN