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23rd Jun 2011, 14:42
Replies: 8,318
Views: 4,569,356
Posted By mochiman

Perhaps I should have clarified that it was an...

Perhaps I should have clarified that it was an "additional benefit" and wasn't meant to be considered as part of your monthly cash flow. It wouldn't be the first "retirement benefit" to keep your...
23rd Jun 2011, 11:28
Replies: 8,318
Views: 4,569,356
Posted By mochiman

Additions.....

.....don't forget the 15.5% on top of your basic salary that goes to the "Mandatory Provident Fund". You don't have to contribute to this fund as such and it doesn't attract tax.

MM
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