Income tax calculator Malaysia

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 2,070,000
Employees' Provident Fund (EPF)
- RM 227,704
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 535,530
Total tax
- RM 763,565
Net pay
* RM 1,306,435
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 1,306,435
Net pay
RM 270,031
Tax the employer pays
RM 763,565
Tax you pay
Total tax paid
RM 1,033,597
Did you know your employer also pays tax on your salary? It costs the employer RM 270,031 to pay you RM 2,070,000. In other words, every time you spend RM 10 of your hard-earned money, RM 4.99 goes to the government.
Real tax rate
44.2%
So, with you and the employer both paying tax, what used to be a 36.9% tax rate now rises to 44.2%, meaning your real tax rate is actually 7.3% higher than what it seemed at first.
People also ask
RM 2,070,000 yearly is how much per hour?
RM 885 hourly is how much per year?
What is the average salary in Malaysia?
Summary
If you make RM 2,070,000 a year living in Malaysia, you will be taxed RM 763,565. That means that your net pay will be RM 1,306,435 per year, or RM 108,870 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
Europe
Country 
Net pay
Average tax
Rank
Russia
MYR 1800900
13.0%
1
Hungary
MYR 1687050
18.5%
2
Ukraine
MYR 1666350
19.5%
3
Czech Republic
MYR 1589218
23.2%
4
Switzerland
MYR 1249108
39.7%
5
Romania
MYR 1210950
41.5%
6
Poland
MYR 1203601
41.9%
7
United Kingdom
MYR 1169873
43.5%
8
Greece
MYR 1168310
43.6%
9
Norway
MYR 1151435
44.4%
10
Spain
MYR 1150512
44.4%
11
Austria
MYR 1150270
44.4%
12
Denmark
MYR 1117454
46.0%
13
Luxembourg
MYR 1102645
46.7%
14
Netherlands
MYR 1086018
47.5%
15
Sweden
MYR 1077495
48.0%
16
Germany
MYR 1063684
48.6%
17
Ireland
MYR 1059246
48.8%
18
France
MYR 1037553
49.9%
19
Italy
MYR 971567
53.1%
20
Finland
MYR 830026
59.9%
21
Belgium
MYR 797849
61.5%
22
Portugal
MYR 784809
62.1%
23
Show more
North America
Country 
Net pay
Average tax
Rank
USA
MYR 1251093
39.6%
1
Canada
MYR 1065555
48.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
MYR 1832864
11.5%
1
Hong Kong
MYR 1732644
16.3%
2
Singapore
MYR 1652560
20.2%
3
Indonesia
MYR 1415788
31.6%
4
Thailand
MYR 1406594
32.1%
5
Pakistan
MYR 1365306
34.0%
6
Taiwan
MYR 1353675
34.6%
7
Vietnam
MYR 1352771
34.7%
8
Philippines
MYR 1316305
36.4%
9
New Zealand
MYR 1309892
36.7%
10
Malaysia
MYR 1306435
36.9%
11
China
MYR 1264386
38.9%
12
Japan
MYR 1232687
40.5%
13
South Korea
MYR 1215563
41.3%
14
Australia
MYR 1182258
42.9%
15
India
MYR 1027116
50.4%
16
Show more
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
MYR 1835557
11.3%
1
Brazil
MYR 1503237
27.4%
2
Costa Rica
MYR 1439688
30.5%
3
Panama
MYR 1411190
31.8%
4
Uruguay
MYR 1378148
33.4%
5
Colombia
MYR 1367118
34.0%
6
Mexico
MYR 1366866
34.0%
7
Puerto Rico
MYR 1363453
34.1%
8
Chile
MYR 1350074
34.8%
9
Argentina
MYR 1345469
35.0%
10
Peru
MYR 1302789
37.1%
11
Ecuador
MYR 1241299
40.0%
12
Show more
Africa
Country 
Net pay
Average tax
Rank
Angola
MYR 1506692
27.2%
1
Kenya
MYR 1451243
29.9%
2
Nigeria
MYR 1408564
32.0%
3
Ivory Coast
MYR 1407137
32.0%
4
Ghana
MYR 1373721
33.6%
5
Mozambique
MYR 1355291
34.5%
6
Zambia
MYR 1274343
38.4%
7
Cameroon
MYR 1265776
38.9%
8
Morocco
MYR 1264399
38.9%
9
Senegal
MYR 1247064
39.8%
10
South Africa
MYR 1182547
42.9%
11
Uganda
MYR 1154317
44.2%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Kuwait
MYR 2023011
2.3%
1
Bahrain
MYR 2009749
2.9%
2
Saudi Arabia
MYR 2006221
3.1%
3
United Arab Emirates
MYR 1966500
5.0%
4
Qatar
MYR 1966500
5.0%
5
Oman
MYR 1904400
8.0%
6
Egypt
MYR 1553723
24.9%
7
Lebanon
MYR 1553338
25.0%
8
Turkey
MYR 1206437
41.7%
9
Israel
MYR 1143466
44.8%
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.