Income tax calculator Malaysia
Find out how much your salary is after tax
Salary rate
Withholding
Salary RM 2,400
Employment Insurance - RM 6
EPF - RM 283
tax_calculator.withholding_box.social_security_organization_contribution - RM 14
Total tax - RM 302
Net pay * RM 2,098
Marginal tax rate 14.4%
Average tax rate 12.6%
12.6%Total tax
87.4%
Net payThe Taxberg
RM 2,098
Net pay
RM 383
Tax the employer pays
RM 302
Tax you pay
Total tax paid
RM 685
Did you know your employer also pays tax on your salary? It costs the employer RM 383 to pay you RM 2,400. In other words, every time you spend RM 10 of your hard-earned money, RM 2.85 goes to the government.
Real tax rate
24.6%
So, with you and the employer both paying tax, what used to be a 12.6% tax rate now rises to 24.6%, meaning your real tax rate is actually 12% higher than what it seemed at first.
People also askRM 2,400 yearly is how much per hour?RM 1 hourly is how much per year?Quel est le salaire moyen en Malaysia ?
Summary
Si vous gagnez un salaire brut de RM 2,400 par an en Malaysia, vous serez imposé de RM 302. Cela signifie que votre salaire net sera de RM 2,098 par an, ou RM 175 par mois. Votre taux d'imposition moyen est 12.6% et votre taux d'imposition marginal est 14.4%. Ce taux d'imposition marginal signifie que votre revenu supplémentaire immédiat sera imposé à ce taux. Par exemple, une augmentation de RM 100 à votre salaire sera imposé de RM 14.4, par conséquent, votre salaire net augmentera seulement de RM 85.6.
Bonus ExampleA RM 1,000 bonus will generate an extra RM 856 of net incomes. A RM 5,000 bonus will generate an extra RM 4,280 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.