Income tax calculator Malaysia

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 29,375
Employees' Provident Fund (EPF)
- RM 3,249
Social Security Organization (SOCSO) contribution
- RM 147
Employment Insurance System (EIS) contribution
- RM 58.88
Total tax
- RM 3,455
Net pay
* RM 25,920
Marginal tax rate
11.7%
Average tax rate
11.8%
88.2%
Net pay
11.8%
Total tax
Total tax
Net pay
The Taxberg
RM 25,920
Net pay
RM 4,416
Tax the employer pays
RM 3,455
Tax you pay
Total tax paid
RM 7,870
Did you know your employer also pays tax on your salary? It costs the employer RM 4,416 to pay you RM 29,375. In other words, every time you spend RM 10 of your hard-earned money, RM 2.68 goes to the government.
Real tax rate
23.3%
So, with you and the employer both paying tax, what used to be a 11.8% tax rate now rises to 23.3%, meaning your real tax rate is actually 11.5% higher than what it seemed at first.
People also ask
RM 29,375 yearly is how much per hour?
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Summary
If you make RM 29,375 a year living in Malaysia, you will be taxed RM 3,455. That means that your net pay will be RM 25,920 per year, or RM 2,160 per month. Your average tax rate is 11.8% and your marginal tax rate is 11.7%. 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 11.73, hence, your net pay will only increase by RM 88.27.
Bonus Example
A RM 1,000 bonus will generate an extra RM 883 of net incomes. A RM 5,000 bonus will generate an extra RM 4,414 of net incomes.
Tax per income
RM 25,000
RM 30,000
RM 35,000
RM 40,000
RM 45,000
RM 50,000
RM 55,000
RM 60,000
RM 65,000
RM 70,000
RM 75,000
RM 80,000
RM 85,000
RM 90,000
RM 95,000
RM 100,000
RM 105,000
RM 110,000
RM 115,000
RM 120,000
North America
Country 
Net pay
Average tax
Rank
USA
MYR 26841
8.6%
1
Canada
MYR 23122
21.3%
2
Africa
Country 
Net pay
Average tax
Rank
South Africa
MYR 27828
5.3%
1
Morocco
MYR 25384
13.6%
2
Cameroon
MYR 23358
20.5%
3
Ivory Coast
MYR 23339
20.6%
4
Mozambique
MYR 23311
20.6%
5
Kenya
MYR 22903
22.0%
6
Angola
MYR 22037
25.0%
7
Ghana
MYR 21983
25.2%
8
Nigeria
MYR 20531
30.1%
9
Uganda
MYR 20395
30.6%
10
Senegal
MYR 20333
30.8%
11
Zambia
MYR 20280
31.0%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
MYR 27906
5.0%
1
Qatar
MYR 27906
5.0%
2
Bahrain
MYR 27025
8.0%
3
Oman
MYR 27025
8.0%
4
Saudi Arabia
MYR 26438
10.0%
5
Kuwait
MYR 26144
11.0%
6
Israel
MYR 25512
13.2%
7
Egypt
MYR 23059
21.5%
8
Lebanon
MYR 22869
22.2%
9
Turkey
MYR 17947
38.9%
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.