Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 34,232
Employees' Provident Fund (EPF)
- RM 3,781
Social Security Organization (SOCSO) contribution
- RM 172
Employment Insurance System (EIS) contribution
- RM 68.96
Total tax
- RM 4,022
Net pay
* RM 30,210
Marginal tax rate
11.6%
Average tax rate
11.8%
88.2%
Net pay
11.8%
Total tax
Total tax
Net pay
The Taxberg
RM 30,210
Net pay
RM 5,137
Tax the employer pays
RM 4,022
Tax you pay
Total tax paid
RM 9,160
Did you know your employer also pays tax on your salary? It costs the employer RM 5,137 to pay you RM 34,232. 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.
Summary
If you make RM 34,232 a year living in Malaysia, you will be taxed RM 4,022. That means that your net pay will be RM 30,210 per year, or RM 2,517 per month. Your average tax rate is 11.8% and your marginal tax rate is 11.6%. 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 11.64, hence, your net pay will only increase by RM 88.36.
Bonus Example
A RM 1,000 bonus will generate an extra RM 884 of net incomes. A RM 5,000 bonus will generate an extra RM 4,418 of net incomes.
North America
Country 
Net pay
Average tax
Rank
USA
MYR 31224
8.8%
1
Canada
MYR 26522
22.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
MYR 34232
0.0%
1
Hong Kong
MYR 34232
0.0%
2
Thailand
MYR 32387
5.4%
3
Pakistan
MYR 32058
6.4%
4
Taiwan
MYR 31202
8.9%
5
Malaysia
MYR 30210
11.8%
6
South Korea
MYR 30207
11.8%
7
New Zealand
MYR 30162
11.9%
8
Philippines
MYR 30156
11.9%
9
Indonesia
MYR 29881
12.7%
10
Japan
MYR 27816
18.7%
11
India
MYR 27788
18.8%
12
Vietnam
MYR 27617
19.3%
13
Singapore
MYR 27408
19.9%
14
Kazakhstan
MYR 27112
20.8%
15
China
MYR 24539
28.3%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
MYR 31511
8.0%
1
Colombia
MYR 31493
8.0%
2
Ecuador
MYR 30997
9.5%
3
Guatemala
MYR 30950
9.6%
4
Costa Rica
MYR 30638
10.5%
5
Panama
MYR 30466
11.0%
6
Peru
MYR 29953
12.5%
7
Mexico
MYR 29774
13.0%
8
Brazil
MYR 29594
13.6%
9
Chile
MYR 28207
17.6%
10
Uruguay
MYR 27351
20.1%
11
Argentina
MYR 22220
35.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
MYR 31762
7.2%
1
Morocco
MYR 28665
16.3%
2
Mozambique
MYR 27017
21.1%
3
Ivory Coast
MYR 26717
22.0%
4
Cameroon
MYR 26697
22.0%
5
Kenya
MYR 26263
23.3%
6
Angola
MYR 25594
25.2%
7
Ghana
MYR 25425
25.7%
8
Nigeria
MYR 23835
30.4%
9
Uganda
MYR 23552
31.2%
10
Senegal
MYR 23418
31.6%
11
Zambia
MYR 23024
32.7%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
MYR 32520
5.0%
1
Qatar
MYR 32520
5.0%
2
Bahrain
MYR 31493
8.0%
3
Oman
MYR 31493
8.0%
4
Saudi Arabia
MYR 30809
10.0%
5
Kuwait
MYR 30467
11.0%
6
Israel
MYR 29730
13.2%
7
Egypt
MYR 26817
21.7%
8
Lebanon
MYR 26512
22.6%
9
Turkey
MYR 20600
39.8%
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.