Income tax calculator Malaysia
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 3,030,000
Employees' Provident Fund (EPF)
- RM 333,306
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 822,550
Total tax
- RM 1,156,188
Net pay
*
RM 1,873,812
Marginal tax rate
41.0%
Average tax rate
38.2%
61.8%
Net pay
38.2%
Total tax
Total tax
Net pay
The Taxberg
RM 1,873,812
Net pay
RM 394,829
Tax the employer pays
RM 1,156,188
Tax you pay
Total tax paid
RM 1,551,017
Did you know your employer also pays tax on your salary? It costs the employer RM 394,829 to pay you RM 3,030,000. In other words, every time you spend RM 10 of your hard-earned money, RM 5.12 goes to the government.
Real tax rate
45.3%
So, with you and the employer both paying tax, what used to be a 38.2% tax rate now rises to 45.3%, meaning your real tax rate is actually 7.1% higher than what it seemed at first.
Summary
If you make RM 3,030,000 a year living in Malaysia, you will be taxed RM 1,156,188. That means that your net pay will be RM 1,873,812 per year, or RM 156,151 per month. Your average tax rate is 38.2% 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
North America
Country
Net pay
Average tax
Rank
USA
MYR 1770433
41.6%
1
Canada
MYR 1511671
50.1%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
MYR 2696864
11.0%
1
Hong Kong
MYR 2529444
16.5%
2
Singapore
MYR 2401360
20.8%
3
Indonesia
MYR 2064748
31.9%
4
Thailand
MYR 2030594
33.0%
5
Pakistan
MYR 1989306
34.4%
6
Vietnam
MYR 1976771
34.8%
7
Taiwan
MYR 1929675
36.3%
8
Philippines
MYR 1912305
36.9%
9
New Zealand
MYR 1895492
37.4%
10
Malaysia
MYR 1873812
38.2%
11
China
MYR 1792386
40.9%
12
Japan
MYR 1750059
42.2%
13
South Korea
MYR 1715999
43.4%
14
Australia
MYR 1691058
44.2%
15
India
MYR 1315563
56.6%
16
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Latin America
Country
Net pay
Average tax
Rank
Guatemala
MYR 2685235
11.4%
1
Brazil
MYR 2199237
27.4%
2
Costa Rica
MYR 2084088
31.2%
3
Panama
MYR 2051990
32.3%
4
Mexico
MYR 1990866
34.3%
5
Puerto Rico
MYR 1984093
34.5%
6
Argentina
MYR 1969469
35.0%
7
Uruguay
MYR 1961213
35.3%
8
Colombia
MYR 1952695
35.6%
9
Chile
MYR 1926074
36.4%
10
Peru
MYR 1890789
37.6%
11
Ecuador
MYR 1788945
41.0%
12
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Africa
Country
Net pay
Average tax
Rank
Angola
MYR 2205092
27.2%
1
Kenya
MYR 2123243
29.9%
2
Ivory Coast
MYR 2062169
31.9%
3
Nigeria
MYR 2061556
32.0%
4
Ghana
MYR 2008761
33.7%
5
Mozambique
MYR 1979291
34.7%
6
Zambia
MYR 1864743
38.5%
7
Cameroon
MYR 1850272
38.9%
8
Morocco
MYR 1846147
39.1%
9
Senegal
MYR 1823064
39.8%
10
South Africa
MYR 1710547
43.6%
11
Uganda
MYR 1682317
44.5%
12
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Middle East
Country
Net pay
Average tax
Rank
Kuwait
MYR 2983011
1.6%
1
Saudi Arabia
MYR 2966221
2.1%
2
Bahrain
MYR 2960149
2.3%
3
United Arab Emirates
MYR 2878500
5.0%
4
Qatar
MYR 2878500
5.0%
5
Oman
MYR 2787600
8.0%
6
Egypt
MYR 2273723
25.0%
7
Lebanon
MYR 2273338
25.0%
8
Turkey
MYR 1765551
41.7%
9
Israel
MYR 1623466
46.4%
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.