T1, T20 and B40 Detailed Breakdown, Real Celery
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 May 13 2025, 12:43 AM
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#1
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Senior Member
605 posts Joined: Jan 2003 
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the biggest problem i have with household income is that one person earning X amount is VERY different with two people each earning half that. Unless of course if both are earning say 50k. But for say /k's salary of 20k, it makes a huge difference if one is earning 20k vs husband and wife earning 10k each. This post has been edited by godhpf: May 13 2025, 12:43 AM gobiomani liked this post
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May 13 2025, 08:47 PM
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#2
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Senior Member
605 posts Joined: Jan 2003
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QUOTE(crador @ May 13 2025, 11:55 AM) Pays a lot more tax if single person making 20k lor. Let's say RM 10k per month, roughly taxable income = 70k => 3,700 income tax. Two persons = RM 7,400 RM20k per month, taxable income = 140k (actual will be higher, less reliefs compared to two) = RM 19,400. More than double. For example only ya.  QUOTE(DoomCognition @ May 13 2025, 11:56 AM) You mean the single income one have it tougher? Tax on someone earning 20k vs two 10k is also very different. Yes. A family with a single income have it tougher because their take home pay is way different. But government always lump 1x 20k and 2x 10k together, basically penalizing single income families |
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