Income Tax Calculator Malaysia
Find out how much your salary is after tax
Salary rate
Withholding
Salary RM 30,000
Employment Insurance - RM 60
EPF - RM 3,318
tax_calculator.withholding_box.social_security_organization_contribution - RM 150
Total tax - RM 3,528
Net pay * RM 26,472
Marginal tax rate 11.7%
Average tax rate 11.8%
11.8%Total tax
88.2%
Net payThe Taxberg
RM 26,472
Net pay
RM 4,509
Tax the employer pays
RM 3,528
Tax you pay
Total tax paid
RM 8,037
Did you know your employer also pays tax on your salary? It costs the employer RM 4,509 to pay you RM 30,000. 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.
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Summary
If you make RM 30,000 a year living in Malaysia, you will be taxed RM 3,528. That means that your net pay will be RM 26,472 per year, or RM 2,206 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 11.7, hence, your net pay will only increase by RM 88.3.
Bonus ExampleA RM 1,000 bonus will generate an extra RM 883 of net incomes. A RM 5,000 bonus will generate an extra RM 4,415 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.