Income Tax Calculator Malaysia
Find out how much your salary is after tax
Salary rate
Withholding
Salary RM 110,000
Tax - RM 10,070
Employment Insurance - RM 95
EPF - RM 12,169
tax_calculator.withholding_box.social_security_organization_contribution - RM 237
Total tax - RM 22,571
Net pay * RM 87,429
Marginal tax rate 31.7%
Average tax rate 20.5%
20.5%Total tax
79.5%
Net payThe Taxberg
RM 87,429
Net pay
RM 15,305
Tax the employer pays
RM 22,571
Tax you pay
Total tax paid
RM 37,876
Did you know your employer also pays tax on your salary? It costs the employer RM 15,305 to pay you RM 110,000. In other words, every time you spend RM 10 of your hard-earned money, RM 3.44 goes to the government.
Real tax rate
30.2%
So, with you and the employer both paying tax, what used to be a 20.5% tax rate now rises to 30.2%, meaning your real tax rate is actually 9.7% higher than what it seemed at first.
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Summary
If you make RM 110,000 a year living in Malaysia, you will be taxed RM 22,571. That means that your net pay will be RM 87,429 per year, or RM 7,286 per month. Your average tax rate is 20.5% and your marginal tax rate is 31.7%. 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 31.7, hence, your net pay will only increase by RM 68.3.
Bonus ExampleA RM 1,000 bonus will generate an extra RM 683 of net incomes. A RM 5,000 bonus will generate an extra RM 3,415 of net incomes.
NOTE* Withholding is calculated based on the Malaysia tables of MY, 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.