Tax Rate in Singapore, Malaysia and Australia

Singapore Tax Rates
S$0 – S$20,000		0.0%
S$20,000 – S$30,000		3.5%
S$30,000 – S$40,000		5.5%
S$40,000 – S$80,000		8.5%
S$80,000 – S$160,000		14.0%
S$160,000 – S$320,000		17.0%
S$320,000 and above		20.0%
Australia Tax Rates
A$0 – A$6,000	Nil	0%
A$6,001 – A$30,000	15c for each $1 over $6,000	0% – 12%
A$30,001 – A$75,000	$3,600 plus 30c for each $1 over $30,000	12% – 22.8%
A$75,001 – A$150,000	$17,100 plus 40c for each $1 over $75,000	22.8% – 31.4%
A$150,000 and above	$47,850 plus 45c for each $1 over $150,000	31.4% – 45%
Malaysia Tax Rates
RM0 – RM5,000	1% for amount over RM2,500	0% – 0.5%
RM5,000 -RM20,000	RM25 plus 3% for amount over RM5,000	0.5% – 2.375%
RM20,000 – RM35,000	RM475 plus 7% for amount over RM20,000	2.375% – 4.357%
RM35,000 – RM50,000	RM1,525 plus 13% for amount over RM35,000	4.357% – 6.95%
RM50,000 – RM70,000	RM3,475 plus 19% for amount over RM50,000	6.95% – 10.39%
RM70,000 – RM100,000	RM7,275 plus 24% for amount over RM70,000	10.39% – 14.48%
RM100,000 – RM150,000	RM14,475 plus 27% for amount over RM100,000	14.48% – 18.65%
RM150,000 – RM250,000	RM27,975 plus 27% for amount over RM150,000	18.65% – 22%
RM250,000 and above	RM54,975 plus 28% for amount over RM250,000	22% – 28%

Before I graduate, I was considering if I should work in Malaysia, Singapore or Australia. Working in Malaysia definitely not a problem. Working in Singapore is a matter of applying for a working permit. To work in Australia, I will need to apply for PR. There are a few things that I took into consideration before I made up my mind. Three major factors that comes to my mind were :
a) Starting Pay
b) Tax Rates
c) Living Expenses

Why do I only take these three factor into consideration ? These three factors will determine the amount you will be saving in a month.

Will talk about the starting pay. For a graduate programmer, in Singapore, you will be expecting to get around S$21,600 a year. In Malaysia for the same position, you will be getting around RM21,600/year. In Australia you should be expecting around AU40,000/annum. At this point of time Australia seems to be a better place to work as the starting pay is higher. But we have not take tax into consideration.



In Singapore, earing for S$ 21,600 will be tax at the rate of 3.5% and the net income will be S$20,844. In Malaysia, earning for RM21,600 will be tax at the rate of RM475 + 7% for amount over RM20,000. The net income will be RM21,013. In Australia, earning for AU40,000 will be tax at the rate of $3,600 plus 30c for each $1 over $30,000. The net income will be AU33,400.

After taking tax into consideration, you will still save more by working in Australia. Will write about living expenses on my next entry.

Sky High at Mt Dandenong

SkyHigh is located on the uppermost reach of the Dandenong Ranges and it is less than 1 hour drive from the Melbourne CBD. You will have a spectacular view of the melbourne city and surrounding suburbs. Entrance fee to sky high AU4 for a car and AU2 for motorbike. You can enjoy the wonderful view of melbourne suburbs while having lunch at the Bistro Bar. They have wide selection of food ranging from salad, pizza, fish and chip, burger and steak. Getting married soon ? They have a function room where you can host your reception lunch/dinner.
More Photos

HEINZ Smooth – Custard with Banana

Just bought this from the baby food section in coles. Past by and saw that there is discount for this. Bought this for 79 cents. So just thought of trying and see how does it taste like. Brought it to the office for breakfast. My colleague was laughing at me for taking baby food. It taste more horrible then I had thought. I thought it would be sweeter.