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Today 12:06 PM
Unregistered
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Originally Posted by Unregistered View Post
Not to mention, NY salaries are still higher than local firm salaries AFTER TAX so...
The experience itself is worth it
Today 12:03 PM
Unregistered
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Originally Posted by Unregistered View Post
Thread is moving so fast no one will notice that I am very gay
Why you come out of the closet
Today 10:58 AM
Unregistered Thread is moving so fast no one will notice that I am very gay
Today 02:00 AM
Unregistered
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Originally Posted by Unregistered View Post
Are American tax rates high? I thought they (NY) only range from 4 to 8% which is quite good compared to London
Not to mention, NY salaries are still higher than local firm salaries AFTER TAX so...
Today 01:59 AM
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Originally Posted by Unregistered View Post
Are American tax rates high? I thought they (NY) only range from 4 to 8% which is quite good compared to London
You need to add up State and Federal taxes and property taxes - I believe in NY it comes up to around the same, with a higher cost of living than London or Singapore (NY property is insane).

That said, when you are starting in your career, being in NY and being right at the HQ of a global firm, is a completely different experience from being in the 10 person Singapore satellite office where nobody is going to have time to teach you anything (and you might pick up bad habits that nobody has time to correct).
Yesterday 11:10 PM
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Nobody is going to f*ck you or throw you out for making mistakes, as long as it is a mistake that you do not repeat. Additionally, make sure your mistake is not due to carelessness (mistakes from lack of understanding or lack of instruction is more forgivable).
haha i was very careless but still managed to get retained in big 4
Yesterday 10:54 PM
Unregistered
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Originally Posted by Unregistered View Post
Sweet american tax rates and cost of living in NYC too.
Are American tax rates high? I thought they (NY) only range from 4 to 8% which is quite good compared to London
Yesterday 10:28 PM
Unregistered
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Originally Posted by Unregistered View Post
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.
eh bro, say u r delisted or listed uk uni, you still have to train 2 years rlt part a b pt
which is the same as the 2 years sqe TC mah
No one say CPF = tax. Ur comprehension got problem? CPF is a deduction.
CPF is not tax, but is your 2000 GBP deduction for rent considered tax?
How come u go minus rent, then say u only "earn" xxx?
What is your definition of "earn"?
U change goalpost when it suits you

40% tax is only for the band above 50k.
Whatever you earn up to 50k GBP is taxed at 0% + 20%
Which means for the same amt u are earning in SGD at a B4, converted to GBP ur tax band is only 20%
Yesterday 10:08 PM
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am starting TC soon. what happens if you make mistakes during TC or during the course of practice? everyone makes mistakes & the most impt thing is to learn from them , so i assume most bosses won't be too unhappy if you make a couple mistakes when starting out?

how do ppl cope with imposter syndrome
Nobody is going to f*ck you or throw you out for making mistakes, as long as it is a mistake that you do not repeat. Additionally, make sure your mistake is not due to carelessness (mistakes from lack of understanding or lack of instruction is more forgivable).
Yesterday 10:02 PM
Unregistered
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Originally Posted by Unregistered View Post
am starting TC soon. what happens if you make mistakes during TC or during the course of practice? everyone makes mistakes & the most impt thing is to learn from them , so i assume most bosses won't be too unhappy if you make a couple mistakes when starting out?

how do ppl cope with imposter syndrome
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