Hello All,
I am moving to Cyberjaya in next month. I just want to know if 6500 Malaysian ringgit is enough to have good amount of saving in Cyberjaya. As I am single and housing is provided by company, so I just want to know what will be the tax amount and what will be the approx other expenses and how much I can save per month in Cyberjaya.
Is 6500 Malaysians ringgit per month is enough in Cyberjaya?
ganeshdumbare92
04 March 2018 15:16:49
3
Gravitas
04 March 2018 15:46:21
9040
Non resident tax will be 28% flat rate deduction (first 182 days)
Resident rate will be around RM400 per month
https://www.pwc.com/my/en/assets/public … ooklet.pdf
If you have to pay utilities, internet, phone, water etc. that will be RM500 per month
Food and Dining RM1000-1500 per month
Transport RM350
ganeshdumbare92
04 March 2018 15:52:09
3
So I can save around 4000 Malaysia ringgit.
Gravitas
04 March 2018 16:14:08
9040
Tax will be RM1820 for first six months then RM400 per month.
Max will be RM4k
Gravitas
04 March 2018 16:25:15
9040
You may need to add extra for entertainment - Cyberjaya is also very dull place to live and a bit cut off so you may need a contingency for that.
Gravitas
04 March 2018 16:51:01
9040
Just to add, you will pay income tax on your accommodation value as it is a benefit in kind.
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