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  #14871 (permalink)  
Old 03-12-2021, 05:48 PM
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Originally Posted by Unregistered View Post
No you are right in that technically duration is same but the SG conversion is 2PQE = UK NQ. That's what the market adopts. Also you count SG Bar but not UK Bar?

Anyway not here to split hairs save as to point out even not counting rent SG salary is only a few% less if you use market conversion. Now it's going to be a bit different in that the PTP is going to be extended, so UK TC now > SG TC.

CPF is not tax. I never said it was. You did. It is a deduction but it is your money.

You're right about banded tax. And we are on common ground. I never said it was a 40% flat tax, that's not the way most countries work. All I'm pointing out is that the tax rate there is crazily high. UK firms should pay even more to give incentives because of the high taxes.

Not from UK uni btw, but did consider just applying there anyway.
Anyway let's leave it at this. Feel free to disagree, I'm just pointing out that post tax UK salary is ridiculous for the prestige that London firms have as compared to local firms. That's all. I have no incentives to prove or disprove anything. Thanks.

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