May 13 2025, 12:55 PM
QUOTE(takbodoh722 @ May 13 2025, 11:54 AM)
104,127 sinkies earning above RM1m per year chargeable income of which 8,847 earn above S$1m per year in FY 2023.
Bolehland T1 (top 42000) only earn RM340k and above.
https://data.gov.my/dashboard/income-taxation
In sinkieland, 642,415 earn above RM330k (S$100k) in Fy 2023.
https://data.gov.sg/datasets?agencies=Inlan...ExplorerPage=62
Ouch.
The worst part about earning in Malaysia is the tax.Bolehland T1 (top 42000) only earn RM340k and above.
https://data.gov.my/dashboard/income-taxation
In sinkieland, 642,415 earn above RM330k (S$100k) in Fy 2023.
https://data.gov.sg/datasets?agencies=Inlan...ExplorerPage=62
Ouch.
For example Singapore earning 100k SGD still only 11.5% tax. A Malaysian earning 100k MYR is already hit with a crazy tax rate of 25%. Really double ouch.
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