Income tax calculator Malaysia
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 125
Employees' Provident Fund (EPF)
- RM 23.40
Social Security Organization (SOCSO) contribution
- RM 1.20
Employment Insurance System (EIS) contribution
- RM 0.60
Total tax
- RM 25.20
Net pay
*
RM 99.80
Marginal tax rate
13.8%
Average tax rate
20.2%
79.8%
Net pay
20.2%
Total tax
Total tax
Net pay
The Taxberg
RM 99.80
Net pay
RM 28.80
Tax the employer pays
RM 25.20
Tax you pay
Total tax paid
RM 54
Did you know your employer also pays tax on your salary? It costs the employer RM 28.80 to pay you RM 125. In other words, every time you spend RM 10 of your hard-earned money, RM 4.32 goes to the government.
Real tax rate
35.1%
So, with you and the employer both paying tax, what used to be a 20.2% tax rate now rises to 35.1%, meaning your real tax rate is actually 14.9% higher than what it seemed at first.
Summary
If you make RM 125 a year living in Malaysia, you will be taxed RM 25.20. That means that your net pay will be RM 99.80 per year, or RM 8.32 per month. Your average tax rate is 20.2% and your marginal tax rate is 13.8%. 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 13.80, hence, your net pay will only increase by RM 86.20.
Bonus Example
A RM 1,000 bonus will generate an extra RM 862 of net incomes. A RM 5,000 bonus will generate an extra RM 4,310 of net incomes.
North America
Country
Net pay
Average tax
Rank
Canada
MYR 123
1.6%
1
USA
MYR 114
8.7%
2
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.