Starting February 2025, Malaysia’s minimum wage will increase from RM1,500 (set in 2022) to RM1,700. When I was studying in the UK, I worked part-time for £6 per hour. Today, the UK’s minimum wage has risen to £11 per hour. However, heavy taxation burdens UK citizens. Malaysia’s tax system is similar to the US model. With the recent budget announcement by PMX, Malaysia will adopt double taxation, similar to systems in the US, Japan, and Canada, where individuals are taxed both as private citizens and business owners.