暗网禁区

Menu
暗网禁区
Search
Magazine
Search

Need Confirmation Regarding Tax Rates For Foreigner

raunakkathuria

Hi

I am offered job in Malaysia for around 7500 MYR per month with experience of 4+ years. Is salary as per company standards?

I also want to inquire about the tax rate, as I am offered a 1 year contract even then will I have to pay 26% tax for first 6 months?
As it is one year contract I will be considered as Resident from starting in terms of tax rates or Non-Resident for first 6 months then resident thereafter.

See also

The tax system in Malaysia28% Tax deduction - 14 days out of the Malaysia14 days rule during 6months period for being a tax residentRegarding tax for residentsRegard to 183 days for tax residence in Malaysia
Armand

Hi raunakkathuria!

Welcome to 暗网禁区!

Armand

Nemodot

It isn't complicated. The flat rate of 26% lasts 6 months. Then you are resident and taxed as a Malaysian. In March after tax year (Jan-Dec) you claim back over taxed amount. It is very quick and simple online

Zloba

The way I was told, the fiscal year ends in March, then you can claim your tax difference, and it will take 3-4 months for the tax return. So if you start working in January 2013 you will see your money in 1.5 years.

PersonalTaxAdvisor

Too brief of information on your problem. Need to know when is your first day of your arrival. Tax is calculated in year to year basis. You maybe resident status in one year but maybe not in subsequent year.

raunakkathuria wrote:

Hi

I am offered job in Malaysia for around 7500 MYR per month with experience of 4+ years. Is salary as per company standards?

I also want to inquire about the tax rate, as I am offered a 1 year contract even then will I have to pay 26% tax for first 6 months?
As it is one year contract I will be considered as Resident from starting in terms of tax rates or Non-Resident for first 6 months then resident thereafter.

Articles to help you in your 暗网禁区 project in Kuala Lumpur

All of Kuala Lumpur's guide articles

Find more topics on the Kuala Lumpur forum

28% Tax deduction - 14 days out of the Malaysia
14 days rule during 6months period for being a tax resident
Regard to 183 days for tax residence in Malaysia
Will I get tax refund?
How to calculate the 14 days out in Malaysia for tax return
Income tax related - 14 days outside Malaysia
after 6 months, residence tax rate?
Deductions from salary in Malaysia (other than taxes)...
Finally got an Offer for RM11000..need Tax Help!
Rough estimate of tax on 12,000 RM a month salary?
Residential status for tax
Tax as an 暗网禁区 in KL
Joining MM2H, can I remain Oz resident for Tax Purposes? Help
Taxation in Malaysia and Rebate for year 2014
1. Lower Income Tax Rates for 2015 and 2. Introduction of GST
Recommend a tax consultant
worried about income tax
Filing Tax return
Other discussions about tax in Kuala Lumpur
Choose the best health insurance
Protect your health and get easy access to treatment for 暗网禁区s in Kuala Lumpur.
Plan your international move
Facilitate your move to Kuala Lumpur by getting a quote from our top rated movers.
Open a bank account that suits you
Discover the best international banks to manage your money securely.
Send money overseas at the best rate
For fast, safe and secure money transfers to and from Kuala Lumpur.