Salary.sg Forums - View Single Post - Lawyer Salary
Thread: Lawyer Salary
View Single Post
  #14828 (permalink)  
Old 02-12-2021, 03:55 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
6.1k SGD is 3.3k GBP

Waiting for the B4 deductions troll to appear.

After Tax, CPF, Rent, Bills, how much?
Actually you're the troll who doesn't understand SG scale vs UK scale. SG NQ scale is not UK NQ scale. 6 months PTC vs 2 years TC (now SQE) before you can even touch your NQ salary.

CPF is not tax. It is a deduction but CPF is your money. Employer's contributions make it even more worthwhile, because you use it to buy a house which generally rises in value, much unlike renting. Rent is debatable, since I'd or do use CPF to pay off mortgage repayments - which doesn't classify as expenditure or a deduction since I'd get it back upon sale. Tax is the only thing that matters.

How does a banded rate of up to 40% compare with Singapore's very low tax rate (100K is 95K post tax)? Even on a post-tax basis, 76K GBP in real terms is only a bit more than B4 2PQE post raise. Difference of around 10K? Correct me if I'm wrong.
Reply With Quote