Income tax calculator Malaysia

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 167,506
Employees' Provident Fund (EPF)
- RM 18,444
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 23,782
Total tax
- RM 42,557
Net pay
* RM 124,949
Marginal tax rate
34.7%
Average tax rate
25.4%
74.6%
Net pay
25.4%
Total tax
Total tax
Net pay
The Taxberg
RM 124,949
Net pay
RM 22,720
Tax the employer pays
RM 42,557
Tax you pay
Total tax paid
RM 65,277
Did you know your employer also pays tax on your salary? It costs the employer RM 22,720 to pay you RM 167,506. In other words, every time you spend RM 10 of your hard-earned money, RM 3.90 goes to the government.
Real tax rate
34.3%
So, with you and the employer both paying tax, what used to be a 25.4% tax rate now rises to 34.3%, meaning your real tax rate is actually 8.9% higher than what it seemed at first.
People also ask
RM 167,506 yearly is how much per hour?
RM 71.58 hourly is how much per year?
What is the average salary in Malaysia?
Summary
If you make RM 167,506 a year living in Malaysia, you will be taxed RM 42,557. That means that your net pay will be RM 124,949 per year, or RM 10,412 per month. Your average tax rate is 25.4% 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
Tax per income
RM 165,000
RM 170,000
RM 175,000
RM 180,000
RM 185,000
RM 190,000
RM 195,000
RM 200,000
RM 205,000
RM 210,000
RM 215,000
RM 220,000
RM 225,000
RM 230,000
RM 235,000
RM 240,000
RM 245,000
RM 250,000
RM 255,000
RM 260,000
Europe
Country 
Net pay
Average tax
Rank
Switzerland
MYR 145781
13.0%
1
Russia
MYR 145730
13.0%
2
Ireland
MYR 138839
17.1%
3
Hungary
MYR 136517
18.5%
4
United Kingdom
MYR 135599
19.1%
5
Ukraine
MYR 134842
19.5%
6
France
MYR 134687
19.6%
7
Czech Republic
MYR 129686
22.6%
8
Norway
MYR 129179
22.9%
9
Luxembourg
MYR 126769
24.3%
10
Spain
MYR 126157
24.7%
11
Austria
MYR 121240
27.6%
12
Sweden
MYR 118423
29.3%
13
Greece
MYR 115168
31.3%
14
Denmark
MYR 112881
32.6%
15
Germany
MYR 111609
33.4%
16
Poland
MYR 110271
34.2%
17
Italy
MYR 106728
36.3%
18
Netherlands
MYR 105409
37.1%
19
Finland
MYR 104974
37.3%
20
Portugal
MYR 101207
39.6%
21
Romania
MYR 97991
41.5%
22
Belgium
MYR 84963
49.3%
23
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North America
Country 
Net pay
Average tax
Rank
USA
MYR 134471
19.7%
1
Canada
MYR 122086
27.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
MYR 154168
8.0%
1
Taiwan
MYR 148368
11.4%
2
Thailand
MYR 141982
15.2%
3
Australia
MYR 137392
18.0%
4
South Korea
MYR 137023
18.2%
5
Kazakhstan
MYR 134521
19.7%
6
New Zealand
MYR 133342
20.4%
7
Singapore
MYR 129753
22.5%
8
Indonesia
MYR 129439
22.7%
9
Pakistan
MYR 128089
23.5%
10
Japan
MYR 126713
24.4%
11
Malaysia
MYR 124949
25.4%
12
Philippines
MYR 122212
27.0%
13
Vietnam
MYR 117230
30.0%
14
China
MYR 111139
33.7%
15
India
MYR 105396
37.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
MYR 151445
9.6%
1
Puerto Rico
MYR 143855
14.1%
2
Costa Rica
MYR 142966
14.7%
3
Ecuador
MYR 138544
17.3%
4
Chile
MYR 135561
19.1%
5
Panama
MYR 134029
20.0%
6
Colombia
MYR 132104
21.1%
7
Peru
MYR 126523
24.5%
8
Mexico
MYR 125141
25.3%
9
Brazil
MYR 123928
26.0%
10
Uruguay
MYR 117832
29.7%
11
Argentina
MYR 108848
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
MYR 125188
25.3%
1
Angola
MYR 122628
26.8%
2
Kenya
MYR 119497
28.7%
3
Mozambique
MYR 118669
29.2%
4
Ghana
MYR 115221
31.2%
5
Nigeria
MYR 114488
31.7%
6
Ivory Coast
MYR 113166
32.4%
7
Morocco
MYR 111510
33.4%
8
Uganda
MYR 107945
35.6%
9
Cameroon
MYR 107442
35.9%
10
Senegal
MYR 105568
37.0%
11
Zambia
MYR 104309
37.7%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
MYR 159131
5.0%
1
Qatar
MYR 159131
5.0%
2
Bahrain
MYR 154106
8.0%
3
Oman
MYR 154105
8.0%
4
Saudi Arabia
MYR 150755
10.0%
5
Kuwait
MYR 149080
11.0%
6
Israel
MYR 135548
19.1%
7
Egypt
MYR 126853
24.3%
8
Lebanon
MYR 126467
24.5%
9
Turkey
MYR 98405
41.3%
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.