Income tax calculator Malaysia
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 3,097
Employees' Provident Fund (EPF)
- RM 363
Social Security Organization (SOCSO) contribution
- RM 15
Employment Insurance System (EIS) contribution
- RM 6
Total tax
- RM 384
Net pay
*
RM 2,713
Marginal tax rate
13.9%
Average tax rate
12.4%
87.6%
Net pay
12.4%
Total tax
Total tax
Net pay
The Taxberg
RM 2,713
Net pay
RM 490
Tax the employer pays
RM 384
Tax you pay
Total tax paid
RM 874
Did you know your employer also pays tax on your salary? It costs the employer RM 490 to pay you RM 3,097. In other words, every time you spend RM 10 of your hard-earned money, RM 2.82 goes to the government.
Real tax rate
24.4%
So, with you and the employer both paying tax, what used to be a 12.4% tax rate now rises to 24.4%, meaning your real tax rate is actually 12% higher than what it seemed at first.
Summary
If you make RM 3,097 a year living in Malaysia, you will be taxed RM 384. That means that your net pay will be RM 2,713 per year, or RM 226 per month. Your average tax rate is 12.4% and your marginal tax rate is 13.9%. 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 13.85, hence, your net pay will only increase by RM 86.15.
Bonus Example
A RM 1,000 bonus will generate an extra RM 862 of net incomes. A RM 5,000 bonus will generate an extra RM 4,308 of net incomes.
North America
Country
Net pay
Average tax
Rank
Canada
MYR 3048
1.6%
1
USA
MYR 2829
8.7%
2
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.