Income tax calculator Malaysia
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 2,579,710
Employees' Provident Fund (EPF)
- RM 283,772
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 687,463
Total tax
- RM 971,567
Net pay
*
RM 1,608,143
Marginal tax rate
41.0%
Average tax rate
37.7%
62.3%
Net pay
37.7%
Total tax
Total tax
Net pay
The Taxberg
RM 1,608,143
Net pay
RM 336,294
Tax the employer pays
RM 971,567
Tax you pay
Total tax paid
RM 1,307,861
Did you know your employer also pays tax on your salary? It costs the employer RM 336,294 to pay you RM 2,579,710. In other words, every time you spend RM 10 of your hard-earned money, RM 5.07 goes to the government.
Real tax rate
44.9%
So, with you and the employer both paying tax, what used to be a 37.7% tax rate now rises to 44.9%, meaning your real tax rate is actually 7.2% higher than what it seemed at first.
Summary
If you make RM 2,579,710 a year living in Malaysia, you will be taxed RM 971,567. That means that your net pay will be RM 1,608,143 per year, or RM 134,012 per month. Your average tax rate is 37.7% and your marginal tax rate is 41.0%. 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 41, hence, your net pay will only increase by RM 59.
Bonus Example
A RM 1,000 bonus will generate an extra RM 590 of net incomes. A RM 5,000 bonus will generate an extra RM 2,950 of net incomes.
Compare average tax
Europe
Country
Net pay
Average tax
Rank
Russia
MYR 2244348
13.0%
1
Hungary
MYR 2102464
18.5%
2
Ukraine
MYR 2076667
19.5%
3
Czech Republic
MYR 1981695
23.2%
4
Switzerland
MYR 1510965
41.4%
5
Romania
MYR 1509130
41.5%
6
Poland
MYR 1496962
42.0%
7
Greece
MYR 1453748
43.7%
8
United Kingdom
MYR 1433648
44.4%
9
Norway
MYR 1419543
45.0%
10
Austria
MYR 1415362
45.1%
11
Spain
MYR 1414542
45.2%
12
Denmark
MYR 1378536
46.6%
13
Luxembourg
MYR 1371874
46.8%
14
Netherlands
MYR 1343422
47.9%
15
Sweden
MYR 1332403
48.4%
16
Germany
MYR 1310766
49.2%
17
Ireland
MYR 1303907
49.5%
18
France
MYR 1251221
51.5%
19
Italy
MYR 1202873
53.4%
20
Finland
MYR 1017701
60.6%
21
Belgium
MYR 988378
61.7%
22
Portugal
MYR 968304
62.5%
23
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North America
Country
Net pay
Average tax
Rank
USA
MYR 1529556
40.7%
1
Canada
MYR 1302419
49.5%
2
Latin America
Country
Net pay
Average tax
Rank
Guatemala
MYR 2286692
11.4%
1
Brazil
MYR 1872776
27.4%
2
Costa Rica
MYR 1781830
30.9%
3
Panama
MYR 1751422
32.1%
4
Mexico
MYR 1698177
34.2%
5
Puerto Rico
MYR 1692980
34.4%
6
Uruguay
MYR 1687725
34.6%
7
Colombia
MYR 1678029
35.0%
8
Argentina
MYR 1676781
35.0%
9
Chile
MYR 1655900
35.8%
10
Peru
MYR 1614987
37.4%
11
Ecuador
MYR 1532070
40.6%
12
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Africa
Country
Net pay
Average tax
Rank
Angola
MYR 1877506
27.2%
1
Kenya
MYR 1808040
29.9%
2
Nigeria
MYR 1755269
32.0%
3
Ivory Coast
MYR 1754925
32.0%
4
Ghana
MYR 1710894
33.7%
5
Mozambique
MYR 1686602
34.6%
6
Zambia
MYR 1587814
38.5%
7
Cameroon
MYR 1576112
38.9%
8
Morocco
MYR 1573277
39.0%
9
Senegal
MYR 1552890
39.8%
10
South Africa
MYR 1462888
43.3%
11
Uganda
MYR 1434657
44.4%
12
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Middle East
Country
Net pay
Average tax
Rank
Kuwait
MYR 2532721
1.8%
1
Saudi Arabia
MYR 2515931
2.5%
2
Bahrain
MYR 2514362
2.5%
3
United Arab Emirates
MYR 2450725
5.0%
4
Qatar
MYR 2450725
5.0%
5
Oman
MYR 2373333
8.0%
6
Egypt
MYR 1936006
25.0%
7
Lebanon
MYR 1935620
25.0%
8
Turkey
MYR 1503297
41.7%
9
Israel
MYR 1398321
45.8%
10
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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.