r/MalaysiaPF

Hey guys,

I’m currently looking into a role as an Audit Associate 2 (AA2) at KPMG Malaysia.

When talking to HR, they were incredibly evasive about the bonus structure, hiding behind the typical "it's discretionary and performance-based" corporate script and refusing to give even a rough estimate or historical range.

I know Big 4 entry-level base pay is already low, so I want to know what the reality is before making a decision. For anyone currently there or who recently left as an AA2:
What does the performance bonus actually look like in terms of months (e.g., 0.5 months, 1 month, or absolute RM amounts)?

Does it actually hit 0 months if the firm has a bad year or if you're rated average?

Is there a guaranteed 13th-month bonus, or is everything strictly variable?

I have another offer with a higher base salary on the table, and HR's gatekeeping is making me lean heavily toward that instead. Would appreciate some honest, unfiltered insights. Thanks!

Hi, I am in my late 20s, earning upto 4.5k a month with commitment around 2.2k to 2.7k. Living in rental room. I am thinking to buy house but quite worried would i be able to sustain and not save if my money goes to house monthly payment. What you your advice will be. Is it advisable to get one in kl area or ipoh since im working there but may settle down in kl one day. Settling down plan is still quite unsure.

I did heard of gx, boost, ryt etc, but its rate may change vary with time. So currently what I saw is:

1)m2u saver (6%+) but need to complete hassle tasm

2)saving+ 3%+,not sure if need to do task

3)gx bank (latest not sure)

4)rhb jar 2%

5. tng go+ 3%+

So basically what I want is balanced between pidm protected, high%, minimal to zero tasks.

24 yo fresh grad here, earning RM3.2k per month. Shops at Shopee 2-3 times per month and spends at Jaya Grocer every weekend. Looking for first credit card options and end up between these two Maybank cards (Maybank is also my go-to bank in the first place).

How would you guys advise to choose between these two cards? Thanks!!

As per title: planning to lump sum into VWRA (~RM15k every 6 month). Do you think FSMOne or IBKR fees are better? Or negligible? Couldn’t find much info on this, since most of the topics and posts are about DCAing.

A friend got retrenched recently and LHDN did an audit of the past 3 years. Pretty standard stuff except they found discrepancies. Some of the charity that my friend has been donating to through his company, which the company said is tax claimable turns out is not. Also some personal insurance stuff that again apparently is not claimable. Not a big deal, just a couple of hundred each year for the past 3 years.

The total that LHDN declared he owes though is a lot higher than that. We calculated all of the minor adjustments to come to about 3k but LHDN sent a bill of 11k to his company.

He has replied to LHDN asking for an explanation but I'm curious too. Anyone knows how did they arrive at this number and why is there such a big difference?

My mom recently told me that my dad lent his friend a huge amount of money (50k) back in 2018. They've been trying to get him to pay it back all these years but to no avail. So she finally asked my help to sort it out

Here's where it gets tricky. My dad being the trusting person that he is, didn't ask for his friend's details (IC number, address etc) and those things are required in order to launch a lawsuit. The only thing we have is his phone number

I've tried everything I could think of so far. I asked the guy hundreds of times to pay up, even threatening to take him to court. But I guess he caught my bluff since he knows we don't have his details. When I lodged a police report, they told me there's nothing they can do and to go to a lawyer instead

So I have a catch-22 on my hand and tbh I'm at my wit's end. I don't want to resort to illegal means in order to get my dad's money back, but atp that seems the likely option. Idk man

For now at least, I still want to pursue a legal case against the guy. And in order to do that, I need to get his details. Does anyone here know how to go about getting it using his phone number?

I am currently working two remote jobs with a combined monthly income of approximately RM11k after convert.

Job A is with a local Singaporean company based in Malaysia, which handles my EPF and SOCSO contributions. Job B is with a US-based company that does not offer local benefits, but they did request my Tax Identification Number (TIN).

My income from Job B is paid through an international payroll platform via a Visa card; the funds do not enter the Malaysian banking system directly, and when I use the card, the transaction merchant name appears as "[COMPANY] PTE. LTD." rather than my own name.

1. How does LHDN track income paid through offshore payroll platforms, and are they likely to detect this?
2. If I want to ensure I am fully compliant, what is the best way to report this income and pay the necessary taxes?
3. What is the "proper" process for transferring these earnings into my local Malaysian bank account without getting detected?

Any advice on navigating this situation legally would be greatly appreciated.

(edit: job B they pay in $USD).