Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 156,000
Employees' Provident Fund (EPF)
- RM 17,210
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 21,020
Total tax
- RM 38,562
Net pay
* RM 117,438
Marginal tax rate
34.7%
Average tax rate
24.7%
75.3%
Net pay
24.7%
Total tax
Total tax
Net pay
The Taxberg
RM 117,438
Net pay
RM 21,262
Tax the employer pays
RM 38,562
Tax you pay
Total tax paid
RM 59,824
Did you know your employer also pays tax on your salary? It costs the employer RM 21,262 to pay you RM 156,000. 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 24.7% tax rate now rises to 33.7%, meaning your real tax rate is actually 9% higher than what it seemed at first.
Summary
If you make RM 156,000 a year living in Malaysia, you will be taxed RM 38,562. That means that your net pay will be RM 117,438 per year, or RM 9,787 per month. Your average tax rate is 24.7% 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 34.73, hence, your net pay will only increase by RM 65.27.
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.
Europe
Country 
Net pay
Average tax
Rank
Switzerland
MYR 136855
12.3%
1
Russia
MYR 135720
13.0%
2
Ireland
MYR 130931
16.1%
3
United Kingdom
MYR 127919
18.0%
4
France
MYR 127403
18.3%
5
Hungary
MYR 127140
18.5%
6
Ukraine
MYR 125580
19.5%
7
Norway
MYR 121585
22.1%
8
Czech Republic
MYR 121171
22.3%
9
Luxembourg
MYR 119940
23.1%
10
Spain
MYR 118667
23.9%
11
Austria
MYR 114894
26.4%
12
Sweden
MYR 110369
29.3%
13
Greece
MYR 108233
30.6%
14
Germany
MYR 105380
32.5%
15
Denmark
MYR 105081
32.6%
16
Poland
MYR 104204
33.2%
17
Italy
MYR 101671
34.8%
18
Finland
MYR 99127
36.5%
19
Netherlands
MYR 98169
37.1%
20
Portugal
MYR 95345
38.9%
21
Romania
MYR 91260
41.5%
22
Belgium
MYR 81195
48.0%
23
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North America
Country 
Net pay
Average tax
Rank
USA
MYR 125958
19.3%
1
Canada
MYR 114540
26.6%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
MYR 144331
7.5%
1
Taiwan
MYR 138489
11.2%
2
Thailand
MYR 133353
14.5%
3
Australia
MYR 129856
16.8%
4
South Korea
MYR 128216
17.8%
5
New Zealand
MYR 125448
19.6%
6
Kazakhstan
MYR 125201
19.7%
7
Indonesia
MYR 121615
22.0%
8
Singapore
MYR 121345
22.2%
9
Pakistan
MYR 120322
22.9%
10
Japan
MYR 118872
23.8%
11
Malaysia
MYR 117438
24.7%
12
Philippines
MYR 114694
26.5%
13
Vietnam
MYR 110021
29.5%
14
China
MYR 104006
33.3%
15
India
MYR 98860
36.6%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
MYR 141042
9.6%
1
Puerto Rico
MYR 134840
13.6%
2
Costa Rica
MYR 134145
14.0%
3
Ecuador
MYR 130209
16.5%
4
Panama
MYR 125325
19.7%
5
Chile
MYR 125117
19.8%
6
Colombia
MYR 124046
20.5%
7
Peru
MYR 118167
24.3%
8
Mexico
MYR 117406
24.7%
9
Brazil
MYR 115587
25.9%
10
Uruguay
MYR 110845
29.0%
11
Argentina
MYR 101369
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
MYR 118132
24.3%
1
Angola
MYR 114257
26.8%
2
Kenya
MYR 111443
28.6%
3
Mozambique
MYR 111191
28.7%
4
Ghana
MYR 107610
31.0%
5
Nigeria
MYR 106661
31.6%
6
Ivory Coast
MYR 106040
32.0%
7
Morocco
MYR 104538
33.0%
8
Uganda
MYR 101617
34.9%
9
Cameroon
MYR 100437
35.6%
10
Senegal
MYR 98664
36.8%
11
Zambia
MYR 97233
37.7%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
MYR 148200
5.0%
1
Qatar
MYR 148200
5.0%
2
Bahrain
MYR 143520
8.0%
3
Oman
MYR 143520
8.0%
4
Saudi Arabia
MYR 140400
10.0%
5
Kuwait
MYR 138840
11.0%
6
Israel
MYR 127448
18.3%
7
Egypt
MYR 118223
24.2%
8
Lebanon
MYR 117838
24.5%
9
Turkey
MYR 91704
41.2%
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.