Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 2,010,060
Employees' Provident Fund (EPF)
- RM 221,111
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 517,999
Total tax
- RM 739,442
Net pay
* RM 1,270,618
Marginal tax rate
40.2%
Average tax rate
36.8%
63.2%
Net pay
36.8%
Total tax
Total tax
Net pay
The Taxberg
RM 1,270,618
Net pay
RM 262,239
Tax the employer pays
RM 739,442
Tax you pay
Total tax paid
RM 1,001,681
Did you know your employer also pays tax on your salary? It costs the employer RM 262,239 to pay you RM 2,010,060. In other words, every time you spend RM 10 of your hard-earned money, RM 4.98 goes to the government.
Real tax rate
44.1%
So, with you and the employer both paying tax, what used to be a 36.8% tax rate now rises to 44.1%, meaning your real tax rate is actually 7.3% higher than what it seemed at first.
Summary
If you make RM 2,010,060 a year living in Malaysia, you will be taxed RM 739,442. That means that your net pay will be RM 1,270,618 per year, or RM 105,885 per month. Your average tax rate is 36.8% and your marginal tax rate is 40.2%. 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 40.24, hence, your net pay will only increase by RM 59.76.
Bonus Example
A RM 1,000 bonus will generate an extra RM 598 of net incomes. A RM 5,000 bonus will generate an extra RM 2,988 of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
USA
MYR 1217946
39.4%
1
Canada
MYR 1037701
48.4%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
MYR 1782505
11.3%
1
Brazil
MYR 1459780
27.4%
2
Costa Rica
MYR 1399453
30.4%
3
Panama
MYR 1371180
31.8%
4
Uruguay
MYR 1341742
33.3%
5
Colombia
MYR 1330555
33.8%
6
Mexico
MYR 1327905
33.9%
7
Puerto Rico
MYR 1324701
34.1%
8
Chile
MYR 1314110
34.6%
9
Argentina
MYR 1306508
35.0%
10
Peru
MYR 1266076
37.0%
11
Ecuador
MYR 1207105
40.0%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Kuwait
MYR 1963071
2.3%
1
Bahrain
MYR 1950408
3.0%
2
Saudi Arabia
MYR 1946281
3.2%
3
United Arab Emirates
MYR 1909557
5.0%
4
Qatar
MYR 1909557
5.0%
5
Oman
MYR 1849255
8.0%
6
Egypt
MYR 1508768
24.9%
7
Lebanon
MYR 1508383
25.0%
8
Turkey
MYR 1171527
41.7%
9
Israel
MYR 1113496
44.6%
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.