Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Employees' Provident Fund (EPF)
Social Security Organization (SOCSO) contribution
Employment Insurance System (EIS) contribution
Summary
If you make <b>RM 230,000</b> a year living in <b>Malaysia</b>, you will be taxed <b> RM 64,470</b>. That means that your net pay will be <b>RM 165,530</b> per year, or <b>RM 13,794</b> per month. Your average tax rate is <b>28.0%</b> and your marginal tax rate is <b>34.4%</b>. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of <b>RM 100</b> in your salary will be taxed <b>RM 34.43</b>, hence, your net pay will only increase by <b>RM 65.57</b>.
Bonus Example
A <b>RM 1,000</b> bonus will generate an extra <b>RM 656</b> of net incomes. A <b>RM 5,000</b> bonus will generate an extra <b>RM 3,279</b> of net incomes.
RM 235,000
RM 240,000
RM 245,000
RM 250,000
RM 255,000
RM 260,000
RM 265,000
RM 270,000
RM 275,000
RM 280,000
RM 285,000
RM 290,000
RM 295,000
RM 300,000
RM 305,000
RM 310,000
RM 315,000
RM 320,000
RM 325,000
RM 330,000
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.