Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 111,952
Employees' Provident Fund (EPF)
- RM 12,377
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 10,505
Total tax
- RM 23,213
Net pay
* RM 88,739
Marginal tax rate
34.2%
Average tax rate
20.7%
79.3%
Net pay
20.7%
Total tax
Total tax
Net pay
The Taxberg
RM 88,739
Net pay
RM 15,550
Tax the employer pays
RM 23,213
Tax you pay
Total tax paid
RM 38,764
Did you know your employer also pays tax on your salary? It costs the employer RM 15,550 to pay you RM 111,952. In other words, every time you spend RM 10 of your hard-earned money, RM 3.46 goes to the government.
Real tax rate
30.4%
So, with you and the employer both paying tax, what used to be a 20.7% tax rate now rises to 30.4%, meaning your real tax rate is actually 9.7% higher than what it seemed at first.
Summary
If you make RM 111,952 a year living in Malaysia, you will be taxed RM 23,213. That means that your net pay will be RM 88,739 per year, or RM 7,395 per month. Your average tax rate is 20.7% and your marginal tax rate is 34.2%. 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 34.16, hence, your net pay will only increase by RM 65.84.
Bonus Example
A RM 1,000 bonus will generate an extra RM 658 of net incomes. A RM 5,000 bonus will generate an extra RM 3,292 of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
USA
MYR 93367
16.6%
1
Canada
MYR 83135
25.7%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
MYR 101217
9.6%
1
Puerto Rico
MYR 99292
11.3%
2
Costa Rica
MYR 99137
11.5%
3
Ecuador
MYR 96352
13.9%
4
Colombia
MYR 93216
16.7%
5
Panama
MYR 92003
17.8%
6
Chile
MYR 90247
19.4%
7
Mexico
MYR 87633
21.7%
8
Peru
MYR 85868
23.3%
9
Brazil
MYR 83652
25.3%
10
Uruguay
MYR 81294
27.4%
11
Argentina
MYR 72738
35.0%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
MYR 106354
5.0%
1
Qatar
MYR 106354
5.0%
2
Bahrain
MYR 102996
8.0%
3
Oman
MYR 102996
8.0%
4
Saudi Arabia
MYR 100757
10.0%
5
Kuwait
MYR 99637
11.0%
6
Israel
MYR 94957
15.2%
7
Egypt
MYR 85187
23.9%
8
Lebanon
MYR 84802
24.3%
9
Turkey
MYR 65913
41.1%
10
Show more
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.