Income Tax Calculator Malaysia
Find out how much your salary is after tax
Salary rate
Withholding
Salary RM 200,000
Tax - RM 31,580
Employment Insurance - RM 95
EPF - RM 22,044
tax_calculator.withholding_box.social_security_organization_contribution - RM 237
Total tax - RM 53,956
Net pay * RM 146,044
Marginal tax rate 34.6%
Average tax rate 27.0%
27%Total tax
73%
Net payThe Taxberg
RM 146,044
Net pay
RM 26,975
Tax the employer pays
RM 53,956
Tax you pay
Total tax paid
RM 80,931
Did you know your employer also pays tax on your salary? It costs the employer RM 26,975 to pay you RM 200,000. In other words, every time you spend RM 10 of your hard-earned money, RM 4.05 goes to the government.
Real tax rate
35.7%
So, with you and the employer both paying tax, what used to be a 27% tax rate now rises to 35.7%, meaning your real tax rate is actually 8.7% higher than what it seemed at first.
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Summary
If you make RM 200,000 a year living in Malaysia, you will be taxed RM 53,956. That means that your net pay will be RM 146,044 per year, or RM 12,170 per month. Your average tax rate is 27.0% and your marginal tax rate is 34.6%. 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 34.6, hence, your net pay will only increase by RM 65.4.
Bonus ExampleA RM 1,000 bonus will generate an extra RM 654 of net incomes. A RM 5,000 bonus will generate an extra RM 3,270 of net incomes.
NOTE* Withholding is calculated based on the Malaysia tables of MY, 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.