Got an Offfer of 10000 MYR and has 6.6 Years Experience ..

Last activity 12 July 2014 by abhi_mbs

1043 Views

2 replies

Post new topic

abhi_mbsNew member11 July 2014 17:36:26

Guys ,

I have an offer from MNC of 10000 MYR in IT field. I draw 70000 INR in Hyderabad India , and can save upto 50000 INR . I would like to know if it is good offer to accept . I will be shifting along with my Spouse and no child. I am joining in August and when I will be resident of Malaysia and falls under Normal Tax rules.

GravitasViP12 July 2014 00:06:35

9040

Accept - its an OK offer. But you will pay 26% tax as you will be considered non-resident in 2014 as you will not spend 182 days here. No refund. For 2015 you start another assessment year. You will pay 26% for the first 182 days and then revert to normal tax deductions. You can claim a refund for overpaid tax when you file your claim in February 2016 (for tax assessment year 2015).

Explanation:

http://www.mia.org.my/new/psp_taxation_ … amp;id=945

Tax Rates:

http://www.hasil.gov.my/goindex.php?kum … mp;sequ=11

abhi_mbsNew member12 July 2014 11:48:14

Thanks Gravitas for your valuable suggestion.....

Articles to help you in your expat project in Malaysia

Moving with your pet to Malaysia
If you have a cat or a dog that you cannot part with, transporting it to Malaysia is an important decision. ...
Relocating to Malaysia
If you are only moving to Malaysia for a short time, it may be worth considering furniture storage while renting ...
Driving in Malaysia
You are moving to Malaysia and want to drive for work or travel there? Follow our guide!
Kuala Lumpur's neighbourhoods
Kuala Lumpur is a real megalopolis, surrounded by suburbs and neighborhoods so different from each other that they ...
Buying property in Kuala Lumpur
When you plan to move to another country or another city, your first concern is undoubtedly where you are going to ...
Internships in Malaysia
Are you a student or recent graduate who wishes to develop your expertise while experiencing a work environment ...
The Malaysian lifestyle
Malaysia is such a melting pot of geographical, cultural and social diversity that there is something for ...
Phones and Internet in Malaysia
Malaysians are known to be social media addicts, so there's no shame if internet access is one of your main ...