Tax in Malaysia

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Tax in Malaysia

Postby Sun_2010 » Fri Jun 20, 2014 10:35 am

Advise please:
Have a good job offer from in MY. There is a good pay . But I wonder how income tax would one have to pay as a Singaporean but resident in MY. The role and prospects are good.
Advise ,comments ,suggestions , even questions are welcome.
Last edited by Sun_2010 on Fri Jun 20, 2014 2:57 pm, edited 2 times in total.

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Re: Tax in Malaysia

Postby Sun_2010 » Fri Jun 20, 2014 10:56 am

One more q
Would one have to pay incometax in Singapore too?
What about Cpf? Do we have to pay into CPF in Singapore?

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Re: Tax in Malaysia

Postby pirate » Fri Jun 20, 2014 1:15 pm

I believe the income tax rate is higher in Malaysia than in Singapore.

There should also be a double taxation treaty between Singapore and Malaysia.

Malaysia has EPF, which is the equivalent of CPF. Don't know whether it applies to foreigners working in Malaysia.

Don't know the specifics, but you should be able to search for the specifics of all of the above online in order to get an idea.

There is not likely to be CPF in Singapore unless you are actually employed and paid in Singapore, although stationed in Malaysia.

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Re: Tax in Malaysia

Postby Sun_2010 » Fri Jun 20, 2014 4:37 pm

Thank you pirate.
Been googling

The EPF I believe is voluntary for non-malaysians.

Looking at the tax structure the increase in pay seems to get mostly eaten up by the high tax . Net gain is not much Not worth the effort of crossing the Causeway. :gloomy:

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