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

abhi_mbs

New member

Member since 11 July 2014

abhi_mbs

11 July 2014 19:36:26

abhi_mbs

11 July 2014 19:36:26

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.

Gravitas

ViP

Member since 02 March 2011

Kuala Lumpur

Gravitas

12 July 2014 02:06:35

9040

Gravitas

12 July 2014 02:06:35

9040

Kuala Lumpur

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