Income tax calculator Malaysia

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 2,050,000
Employees' Provident Fund (EPF)
- RM 225,504
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 529,680
Total tax
- RM 755,516
Net pay
* RM 1,294,484
Marginal tax rate
40.3%
Average tax rate
36.9%
63.1%
Net pay
36.9%
Total tax
Total tax
Net pay
The Taxberg
RM 1,294,484
Net pay
RM 267,431
Tax the employer pays
RM 755,516
Tax you pay
Total tax paid
RM 1,022,948
Did you know your employer also pays tax on your salary? It costs the employer RM 267,431 to pay you RM 2,050,000. In other words, every time you spend RM 10 of your hard-earned money, RM 4.99 goes to the government.
Real tax rate
44.1%
So, with you and the employer both paying tax, what used to be a 36.9% tax rate now rises to 44.1%, meaning your real tax rate is actually 7.2% higher than what it seemed at first.
People also ask
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Summary
If you make RM 2,050,000 a year living in Malaysia, you will be taxed RM 755,516. That means that your net pay will be RM 1,294,484 per year, or RM 107,874 per month. Your average tax rate is 36.9% and your marginal tax rate is 40.3%. 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 40.25, hence, your net pay will only increase by RM 59.75.
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
Tax per income
RM 1,905,000
RM 1,910,000
RM 1,915,000
RM 1,920,000
RM 1,925,000
RM 1,930,000
RM 1,935,000
RM 1,940,000
RM 1,945,000
RM 1,950,000
RM 1,955,000
RM 1,960,000
RM 1,965,000
RM 1,970,000
RM 1,975,000
RM 1,980,000
RM 1,985,000
RM 1,990,000
RM 1,995,000
RM 2,000,000
North America
Country 
Net pay
Average tax
Rank
USA
MYR 1240033
39.5%
1
Canada
MYR 1056261
48.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
MYR 1814864
11.5%
1
Hong Kong
MYR 1716044
16.3%
2
Singapore
MYR 1636960
20.2%
3
Indonesia
MYR 1402268
31.6%
4
Thailand
MYR 1393594
32.0%
5
Pakistan
MYR 1352306
34.0%
6
Taiwan
MYR 1341675
34.6%
7
Vietnam
MYR 1339771
34.7%
8
Philippines
MYR 1303888
36.4%
9
New Zealand
MYR 1297692
36.7%
10
Malaysia
MYR 1294484
36.9%
11
China
MYR 1253386
38.9%
12
Japan
MYR 1221909
40.4%
13
South Korea
MYR 1205138
41.2%
14
Australia
MYR 1171658
42.9%
15
India
MYR 1017316
50.4%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
MYR 1817856
11.3%
1
Brazil
MYR 1488737
27.4%
2
Costa Rica
MYR 1426263
30.4%
3
Panama
MYR 1397840
31.8%
4
Uruguay
MYR 1366000
33.4%
5
Colombia
MYR 1354918
33.9%
6
Mexico
MYR 1353866
34.0%
7
Puerto Rico
MYR 1350523
34.1%
8
Chile
MYR 1338074
34.7%
9
Argentina
MYR 1332469
35.0%
10
Peru
MYR 1290539
37.1%
11
Ecuador
MYR 1229889
40.0%
12
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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.