Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 317,000
Employees' Provident Fund (EPF)
- RM 34,877
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 59,930
Total tax
- RM 95,139
Net pay
* RM 221,861
Marginal tax rate
35.5%
Average tax rate
30.0%
70.0%
Net pay
30.0%
Total tax
Total tax
Net pay
The Taxberg
RM 221,861
Net pay
RM 42,137
Tax the employer pays
RM 95,139
Tax you pay
Total tax paid
RM 137,276
Did you know your employer also pays tax on your salary? It costs the employer RM 42,137 to pay you RM 317,000. In other words, every time you spend RM 10 of your hard-earned money, RM 4.33 goes to the government.
Real tax rate
38.2%
So, with you and the employer both paying tax, what used to be a 30% tax rate now rises to 38.2%, meaning your real tax rate is actually 8.2% higher than what it seemed at first.
Summary
If you make RM 317,000 a year living in Malaysia, you will be taxed RM 95,139. That means that your net pay will be RM 221,861 per year, or RM 18,488 per month. Your average tax rate is 30.0% and your marginal tax rate is 35.5%. 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 35.54, hence, your net pay will only increase by RM 64.46.
Bonus Example
A RM 1,000 bonus will generate an extra RM 645 of net incomes. A RM 5,000 bonus will generate an extra RM 3,223 of net incomes.
North America
Country 
Net pay
Average tax
Rank
USA
MYR 237661
25.0%
1
Canada
MYR 222009
30.0%
2
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
MYR 301150
5.0%
1
Qatar
MYR 301150
5.0%
2
Bahrain
MYR 291640
8.0%
3
Oman
MYR 291640
8.0%
4
Saudi Arabia
MYR 285300
10.0%
5
Kuwait
MYR 283559
10.6%
6
Egypt
MYR 238973
24.6%
7
Lebanon
MYR 238588
24.7%
8
Israel
MYR 232302
26.7%
9
Turkey
MYR 185472
41.5%
10
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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.