worried about income tax

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bondov Member

Member since 16 December 2011

bondovMember16 December 2011 01:06:26

HI Could you please let me know what could be the take home salary if my salary is 12k PER MONTH?

mayadevi New member

Member since 23 November 2011

mayadeviNew member16 December 2011 02:19:07

It would depend on your tax residence status. e.g. if you have stayed in Malaysia for more than 182 days, for the purpose of withholding wage tax, your employer will treat you as a tax resident and therefore,聽 the monthly tax deduction will be based on聽 the progressive tax,聽 after taking into account the compulsory deductions i.e. self , spouse and children.

If you have just arrived in Malaysia , your employer will deduct tax at 26% for the first 6 months that you are in Malaysia or until such time your residence status is established.

Regards

Maya

bondov Member

Member since 16 December 2011

bondovMember16 December 2011 06:14:24

thank you MAYA

optperson Contributor

Member since 22 May 2010

optpersonContributor22 December 2011 02:05:10

144

i need you advise as well coz i am f*** already with tax

mayadevi New member

Member since 23 November 2011

mayadeviNew member22 December 2011 04:51:02

Hi,

If you let me have yr details I can advise

Regards

Maya

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