Income tax calculator Malaysia
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 267
Employees' Provident Fund (EPF)
- RM 47.28
Social Security Organization (SOCSO) contribution
- RM 1.20
Employment Insurance System (EIS) contribution
- RM 0.60
Total tax
- RM 49.08
Net pay
*
RM 218
Marginal tax rate
16.9%
Average tax rate
18.4%
81.6%
Net pay
18.4%
Total tax
Total tax
Net pay
The Taxberg
RM 218
Net pay
RM 58.32
Tax the employer pays
RM 49.08
Tax you pay
Total tax paid
RM 107
Did you know your employer also pays tax on your salary? It costs the employer RM 58.32 to pay you RM 267. In other words, every time you spend RM 10 of your hard-earned money, RM 4.02 goes to the government.
Real tax rate
33.0%
So, with you and the employer both paying tax, what used to be a 18.4% tax rate now rises to 33.0%, meaning your real tax rate is actually 14.6% higher than what it seemed at first.
Summary
If you make RM 267 a year living in Malaysia, you will be taxed RM 49.08. That means that your net pay will be RM 218 per year, or RM 18.16 per month. Your average tax rate is 18.4% and your marginal tax rate is 16.9%. 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 16.90, hence, your net pay will only increase by RM 83.10.
Bonus Example
A RM 1,000 bonus will generate an extra RM 831 of net incomes. A RM 5,000 bonus will generate an extra RM 4,155 of net incomes.
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.