Income tax calculator Malaysia
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 154,583
Employees' Provident Fund (EPF)
- RM 17,058
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 20,680
Total tax
- RM 38,070
Net pay
*
RM 116,513
Marginal tax rate
34.7%
Average tax rate
24.6%
75.4%
Net pay
24.6%
Total tax
Total tax
Net pay
The Taxberg
RM 116,513
Net pay
RM 21,082
Tax the employer pays
RM 38,070
Tax you pay
Total tax paid
RM 59,152
Did you know your employer also pays tax on your salary? It costs the employer RM 21,082 to pay you RM 154,583. In other words, every time you spend RM 10 of your hard-earned money, RM 3.83 goes to the government.
Real tax rate
33.7%
So, with you and the employer both paying tax, what used to be a 24.6% tax rate now rises to 33.7%, meaning your real tax rate is actually 9.1% higher than what it seemed at first.
Summary
If you make RM 154,583 a year living in Malaysia, you will be taxed RM 38,070. That means that your net pay will be RM 116,513 per year, or RM 9,709 per month. Your average tax rate is 24.6% and your marginal tax rate is 34.7%. 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 34.72, hence, your net pay will only increase by RM 65.28.
Bonus Example
A RM 1,000 bonus will generate an extra RM 653 of net incomes. A RM 5,000 bonus will generate an extra RM 3,264 of net incomes.
Compare average tax
Europe
Country
Net pay
Average tax
Rank
Switzerland
MYR 135756
12.2%
1
Russia
MYR 134487
13.0%
2
Ireland
MYR 129918
16.0%
3
United Kingdom
MYR 126973
17.9%
4
France
MYR 126506
18.2%
5
Hungary
MYR 125985
18.5%
6
Ukraine
MYR 124439
19.5%
7
Norway
MYR 120650
22.0%
8
Czech Republic
MYR 120123
22.3%
9
Luxembourg
MYR 119083
23.0%
10
Spain
MYR 117742
23.8%
11
Austria
MYR 114125
26.2%
12
Sweden
MYR 109378
29.2%
13
Greece
MYR 107359
30.6%
14
Germany
MYR 104608
32.3%
15
Denmark
MYR 104117
32.7%
16
Poland
MYR 103447
33.1%
17
Italy
MYR 101029
34.6%
18
Finland
MYR 98406
36.3%
19
Netherlands
MYR 97278
37.1%
20
Portugal
MYR 94608
38.8%
21
Romania
MYR 90431
41.5%
22
Belgium
MYR 80765
47.8%
23
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North America
Country
Net pay
Average tax
Rank
USA
MYR 124909
19.2%
1
Canada
MYR 113576
26.5%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Hong Kong
MYR 143119
7.4%
1
Taiwan
MYR 137264
11.2%
2
Thailand
MYR 132290
14.4%
3
Australia
MYR 128928
16.6%
4
South Korea
MYR 127132
17.8%
5
New Zealand
MYR 124476
19.5%
6
Kazakhstan
MYR 124053
19.8%
7
Indonesia
MYR 120638
22.0%
8
Singapore
MYR 120309
22.2%
9
Pakistan
MYR 119366
22.8%
10
Japan
MYR 117907
23.7%
11
Malaysia
MYR 116513
24.6%
12
Philippines
MYR 113769
26.4%
13
Vietnam
MYR 109133
29.4%
14
China
MYR 103127
33.3%
15
India
MYR 98056
36.6%
16
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Latin America
Country
Net pay
Average tax
Rank
Guatemala
MYR 139761
9.6%
1
Puerto Rico
MYR 133730
13.5%
2
Costa Rica
MYR 133053
13.9%
3
Ecuador
MYR 129150
16.5%
4
Panama
MYR 124253
19.6%
5
Chile
MYR 123879
19.9%
6
Colombia
MYR 123054
20.4%
7
Peru
MYR 117138
24.2%
8
Mexico
MYR 116454
24.7%
9
Brazil
MYR 114559
25.9%
10
Uruguay
MYR 109985
28.9%
11
Argentina
MYR 100448
35.0%
12
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Middle East
Country
Net pay
Average tax
Rank
United Arab Emirates
MYR 146854
5.0%
1
Qatar
MYR 146854
5.0%
2
Bahrain
MYR 142216
8.0%
3
Oman
MYR 142216
8.0%
4
Saudi Arabia
MYR 139125
10.0%
5
Kuwait
MYR 137579
11.0%
6
Israel
MYR 126450
18.2%
7
Egypt
MYR 117160
24.2%
8
Lebanon
MYR 116775
24.5%
9
Turkey
MYR 90879
41.2%
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.