Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Employees' Provident Fund (EPF)
Social Security Organization (SOCSO) contribution
Employment Insurance System (EIS) contribution
Summary
If you make RM 70,000 a year living in Malaysia, you will be taxed RM 10,789. That means that your net pay will be RM 59,211 per year, or RM 4,934 per month. Your average tax rate is 15.4% and your marginal tax rate is 23.7%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of RM 100 in your salary will be taxed RM 23.72, hence, your net pay will only increase by RM 76.28.
Bonus Example
A RM 1,000 bonus will generate an extra RM 763 of net incomes. A RM 5,000 bonus will generate an extra RM 3,814 of net incomes.
RM 100,000
RM 200,000
RM 300,000
RM 400,000
RM 500,000
RM 600,000
RM 700,000
RM 800,000
RM 900,000
RM 1,000,000
RM 1,100,000
RM 1,200,000
RM 1,300,000
RM 1,400,000
RM 1,500,000
RM 1,600,000
RM 1,700,000
RM 1,800,000
RM 1,900,000
RM 2,000,000
NOTE* Deductions are calculated based on the tables of Malaysia, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.