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 Definition of T1, T5, T10, T15 etc, Income range

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TSfoofoosasa
post Oct 23 2024, 05:56 AM, updated 2y ago

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Actually wat Is the household income range for

T1
T5
T10
T15

simply guess and no official figure also. Or wait from rafizi come out his magic number. Any /k definition or proper statistic figure since many sherlock here.
drug5
post Oct 23 2024, 06:05 AM

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I guess it’s hard to set a fixed income on T1 to T5.
smallcrab
post Oct 23 2024, 06:17 AM

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T category yang sakit kepala

meanwhile B40 can goyang kaki and getting most of the benefits/subsidies
Acoen
post Oct 23 2024, 06:24 AM

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Thank you for /k rm20k income earners tax contributions
ramdieslow
post Oct 23 2024, 06:28 AM

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QUOTE(smallcrab @ Oct 23 2024, 07:17 AM)
T category yang sakit kepala

meanwhile B40 can goyang kaki and getting most of the benefits/subsidies
*
No one is stopping you to become B40 bro
70U63
post Oct 23 2024, 06:35 AM

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While some B40 happy they get benefit from the gov, the upper class (hence in this case, T15) got even more benefit as they control a lot of things (economically). Yes, they pay more taxes, but they also enjoy 'better' living standard (that goods and services provided by M40 & B40 group).

Just B40 too narrow minded, can't see only.
Imp Bron
post Oct 23 2024, 06:43 AM

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https://www.dosm.gov.my/portal-main/release...alaysia--states

I tried to estimate using chat gpt. Based on median income, Top15% = 14k and top 50 richest wealth growth to get the idea of the graph. But my chat gpt reach limit laugh.gif

user posted image
GagalLand
post Oct 23 2024, 06:47 AM

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Why do you care?
TSfoofoosasa
post Oct 23 2024, 06:48 AM

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QUOTE(Imp Bron @ Oct 23 2024, 06:43 AM)
https://www.dosm.gov.my/portal-main/release...alaysia--states

I tried to estimate using chat gpt. Based on median income, Top15% = 14k and top 50 richest wealth growth to get the idea of the graph. But my chat gpt reach limit laugh.gif

user posted image
*
Household income 14k honestly not a lot. If 2 person husband and wife it means only 7k per person.
So /k 20k per months means approaching T5?
red_satu
post Oct 23 2024, 06:50 AM

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From the other thread about tax payer ranking, it seems to me that the better way to judge earnings isn't the annual income, but the taxes paid since it already covers deductions as needed. So about RM10K income tax.

But just income tax isn't enough, as there's too many untracked. Probably need to check dividends as well for those passive earners.

Oh wait.
Lembu Goreng
post Oct 23 2024, 06:53 AM

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TLDR: Govt is still studying, have not defined what is T15

ganz
post Oct 23 2024, 06:53 AM

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QUOTE(70U63 @ Oct 23 2024, 06:35 AM)
While some B40 happy they get benefit from the gov, the upper class (hence in this case, T15) got even more benefit as they control a lot of things (economically). Yes, they pay more taxes, but they also enjoy 'better' living standard (that goods and services provided by M40 & B40 group).

Just B40 too narrow minded, can't see only.
*
U think t15 just lay back and doing nothing to get paid as t15? They deserve better standard since they work for it.. Hahahaha
achong09
post Oct 23 2024, 06:55 AM

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QUOTE(foofoosasa @ Oct 23 2024, 05:56 AM)
Actually wat Is the household income range for

T1
T5
T10
T15

simply guess and no official figure also. Or wait from rafizi come out his magic number. Any /k definition or proper statistic figure since many sherlock here.
*
What if few months back under T15 but then lately just lose job so classified under what category leh ?
achong09
post Oct 23 2024, 06:57 AM

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QUOTE(ganz @ Oct 23 2024, 06:53 AM)
U think t15 just lay back and doing nothing to get paid as t15? They deserve better standard since they work for it.. Hahahaha
*
What if suddenly t15 got retrenched so become what category Liao?
TSfoofoosasa
post Oct 23 2024, 06:57 AM

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QUOTE(ganz @ Oct 23 2024, 06:53 AM)
U think t15 just lay back and doing nothing to get paid as t15? They deserve better standard since they work for it.. Hahahaha
*
If T15 means 14k household income which is not a lot, can proof that so many parasite in our economy. Exclude those tax evader of course
munak991
post Oct 23 2024, 07:02 AM

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Meanwhile all calculate how much t15 t20 household income.

I my self thinking how much does a B40 individual spend from the govt benefits
Skylinestar
post Oct 23 2024, 07:47 AM

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QUOTE(foofoosasa @ Oct 23 2024, 06:48 AM)
Household income 14k honestly not a lot. If 2 person husband and wife it means only 7k per person.
So /k 20k per months means approaching T5?
*
how is 14k not a lot? couple can share using air conditioner. tour with hotel also no need to pay extra for single supplement.
Mattrock
post Oct 23 2024, 07:48 AM

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Hey, you missed the part where you explain where how you going to get the 'pendapatan kasar' from. Obviously it cannot be based on salary slip.

Say a retiree who has no work income has 2M in EPF and 2M is ASNB, He will roughly get dividend income of 200k per year. Are you taking this into account? I doubt it.
sonypshomer
post Oct 23 2024, 08:04 AM

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Just follow LHDN, the more tax u pay the more a"T"as u r
sunami
post Oct 23 2024, 08:08 AM

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QUOTE(red_satu @ Oct 23 2024, 07:50 AM)
From the other thread about tax payer ranking, it seems to me that the better way to judge earnings isn't the annual income, but the taxes paid since it already covers deductions as needed. So about RM10K income tax.

But just income tax isn't enough, as there's too many untracked. Probably need to check dividends as well for those passive earners.

Oh wait.
*
If based on 10k tax income tax is very less tbh...
sunami
post Oct 23 2024, 08:10 AM

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QUOTE(Skylinestar @ Oct 23 2024, 08:47 AM)
how is 14k not a lot? couple can share using air conditioner. tour with hotel also no need to pay extra for single supplement.
*
14k alot? Damn....
sunami
post Oct 23 2024, 08:12 AM

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QUOTE(achong09 @ Oct 23 2024, 07:57 AM)
What if suddenly t15 got retrenched so become what category Liao?
*
Kecian category
TSfoofoosasa
post Oct 23 2024, 08:35 AM

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QUOTE(Skylinestar @ Oct 23 2024, 07:47 AM)
how is 14k not a lot? couple can share using air conditioner. tour with hotel also no need to pay extra for single supplement.
*
U single or got family?if single yes 14k is a lot.
I got 2 kids, housing loan and car loan, kids Education, insurance etc etc seriously barely enough.
But this labelled as rich category already by gov. Lol
FlamingFox
post Oct 23 2024, 08:46 AM

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If you're born into a rich family, then get to drive sports cars and stuff. But you have no income because dadikasi, can get subsidized Ron95 price?
achong09
post Oct 23 2024, 08:48 AM

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QUOTE(sunami @ Oct 23 2024, 08:12 AM)
Kecian category
*
cry.gif cry.gif cry.gif cry.gif
max_cavalera
post Oct 23 2024, 08:50 AM

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According to madani gomen average national T15 is household income rm13k and above..

What nonsense, even my wife her celery plus passive income already near that not including me yet

Live like normal m40 plebs woso. Cheap ass apt, cheap ass single car.
munak991
post Oct 23 2024, 08:51 AM

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QUOTE(FlamingFox @ Oct 23 2024, 08:46 AM)
If you're born into a rich family, then get to drive sports cars and stuff. But you have no income because dadikasi, can get subsidized Ron95 price?
*
Maybe fuel subsidies is tied with car plate owner
azbro
post Oct 23 2024, 08:53 AM

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QUOTE(Acoen @ Oct 23 2024, 06:24 AM)
Thank you for /k rm20k income earners tax contributions
*
Actually, it's lower than that

It seems 13K per house hold (unofficially).
So many in K will also be in this group.


sam378
post Oct 23 2024, 08:54 AM

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Thank you golongan T tolong golongan B
Skylinestar
post Oct 23 2024, 09:17 AM

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QUOTE(azbro @ Oct 23 2024, 08:53 AM)
Actually, it's lower than that

It seems 13K per house hold (unofficially).
So many in K will also be in this group.
*
father 5k, mother 5k, ktard 5k. household 15k. T15 lettew.
lkyoong
post Oct 23 2024, 09:41 AM

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T1 T5 T10 T15 T20 all determined by data... if you dun declare and all hide in tin can under bed, safe inside room or even better get safe house with safe.

Even a T1 can look like M40

This is why many T1 to T20 die die dun want to register PADU. They rather people dun know they are T1-T20 and keep quiet.

How you think gov so clever can decide 2% dividend tax for 2025. They got data and you can guess where that data comes from. Only the T* group will buy more then 200k shares in Maybank. The upper level M40 even if they buy also 5 - 10k shares at most.
commonsense
post Oct 23 2024, 09:45 AM

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QUOTE(foofoosasa @ Oct 23 2024, 05:56 AM)
Actually wat Is the household income range for

T1
T5
T10
T15

simply guess and no official figure also. Or wait from rafizi come out his magic number. Any /k definition or proper statistic figure since many sherlock here.
*
Why u want to do it the hard way. Consumption tax is the natural way that will efficiently tax more on those who have higher spending power, hence the real maha kaya. Why gov want to susah susah define this T category. Think about it
SUSfuzzy
post Oct 23 2024, 09:58 AM

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QUOTE
KUALA LUMPUR, May 30 — How much do you need to be in the top 1 per cent of your country’s population in terms of wealth?

Just US$485,000 (or over RM2.2 million using today’s currency rates) in net wealth in Malaysia is all it takes for you to be categorised as the richest one per cent here, or to be richer than 99 per cent of the Malaysian population, according to property consultancy Knight Frank’s latest report.
Here you go. T1 should not get any subsidy. RM2.2mil but complain about petrol price.
uk9089
post Oct 23 2024, 10:00 AM

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If me and my wife income = RM20k gross, Net RM16k with 2 kids. Does it mean under T20?

I dont feel like T20, me always no money. Nursery RM1,500/month each kid.
gamehype
post Oct 23 2024, 10:19 AM

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QUOTE(lkyoong @ Oct 23 2024, 09:41 AM)
T1 T5 T10 T15 T20 all determined by data... if you dun declare and all hide in tin can under bed, safe inside room or even better get safe house with safe.

Even a T1 can look like M40

This is why many T1 to T20 die die dun want to register PADU. They rather people dun know they are T1-T20 and keep quiet.

How you think gov so clever can decide 2% dividend tax for 2025. They got data and you can guess where that data comes from. Only the T* group will buy more then 200k shares in Maybank. The upper level M40 even if they buy also 5 - 10k shares at most.
*
If your income is regular monthly salary, confirm LHDN will have your income details.

They don't register because what is the point for them? Its likely they won't get any subsidy anyways, so they don't bother lo.

 

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