Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 131,040
Employees' Provident Fund (EPF)
- RM 14,442
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 15,030
Total tax
- RM 29,804
Net pay
* RM 101,236
Marginal tax rate
35.6%
Average tax rate
22.7%
77.3%
Net pay
22.7%
Total tax
Total tax
Net pay
Summary
If you make RM 131,040 a year living in Malaysia, you will be taxed RM 29,804. That means that your net pay will be RM 101,236 per year, or RM 8,436 per month. Your average tax rate is 22.7% and your marginal tax rate is 35.6%. 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 35.55, hence, your net pay will only increase by RM 64.45.
Bonus Example
A RM 1,000 bonus will generate an extra RM 645 of net incomes. A RM 5,000 bonus will generate an extra RM 3,223 of net incomes.
Europe
Country 
Net pay
Average tax
Rank
Switzerland
MYR 116491
11.1%
1
Russia
MYR 114005
13.0%
2
Ireland
MYR 113085
13.7%
3
United Kingdom
MYR 111258
15.1%
4
France
MYR 110194
15.9%
5
Hungary
MYR 106798
18.5%
6
Ukraine
MYR 105487
19.5%
7
Norway
MYR 105112
19.8%
8
Luxembourg
MYR 104257
20.4%
9
Czech Republic
MYR 102701
21.6%
10
Spain
MYR 102352
21.9%
11
Austria
MYR 101581
22.5%
12
Sweden
MYR 93527
28.6%
13
Greece
MYR 92813
29.2%
14
Germany
MYR 91621
30.1%
15
Italy
MYR 90659
30.8%
16
Poland
MYR 89193
31.9%
17
Denmark
MYR 88025
32.8%
18
Finland
MYR 85576
34.7%
19
Netherlands
MYR 82462
37.1%
20
Portugal
MYR 82363
37.2%
21
Romania
MYR 76658
41.5%
22
Belgium
MYR 73623
43.8%
23
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North America
Country 
Net pay
Average tax
Rank
USA
MYR 107490
18.0%
1
Canada
MYR 96830
26.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
MYR 122677
6.4%
1
Taiwan
MYR 116911
10.8%
2
Thailand
MYR 114535
12.6%
3
Australia
MYR 113507
13.4%
4
South Korea
MYR 108934
16.9%
5
New Zealand
MYR 108257
17.4%
6
Kazakhstan
MYR 104983
19.9%
7
Indonesia
MYR 104012
20.6%
8
Pakistan
MYR 103474
21.0%
9
Singapore
MYR 103089
21.3%
10
Japan
MYR 101863
22.3%
11
Malaysia
MYR 101236
22.7%
12
Philippines
MYR 98040
25.2%
13
Vietnam
MYR 94384
28.0%
14
China
MYR 88530
32.4%
15
India
MYR 84683
35.4%
16
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Africa
Country 
Net pay
Average tax
Rank
South Africa
MYR 102157
22.0%
1
Angola
MYR 96099
26.7%
2
Mozambique
MYR 94967
27.5%
3
Kenya
MYR 93971
28.3%
4
Ghana
MYR 91099
30.5%
5
Ivory Coast
MYR 90582
30.9%
6
Nigeria
MYR 89684
31.6%
7
Morocco
MYR 89412
31.8%
8
Uganda
MYR 86478
34.0%
9
Cameroon
MYR 85240
35.0%
10
Senegal
MYR 83688
36.1%
11
Zambia
MYR 81882
37.5%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
MYR 124488
5.0%
1
Qatar
MYR 124488
5.0%
2
Bahrain
MYR 120557
8.0%
3
Oman
MYR 120557
8.0%
4
Saudi Arabia
MYR 117936
10.0%
5
Kuwait
MYR 116626
11.0%
6
Israel
MYR 109402
16.5%
7
Egypt
MYR 99503
24.1%
8
Lebanon
MYR 99118
24.4%
9
Turkey
MYR 77167
41.1%
10
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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.