Income tax calculator Malaysia
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 400
Employees' Provident Fund (EPF)
- RM 66.19
Social Security Organization (SOCSO) contribution
- RM 1.82
Employment Insurance System (EIS) contribution
- RM 0.91
Total tax
- RM 68.92
Net pay
*
RM 331
Marginal tax rate
8.9%
Average tax rate
17.2%
82.8%
Net pay
17.2%
Total tax
Total tax
Net pay
The Taxberg
RM 331
Net pay
RM 86.07
Tax the employer pays
RM 68.92
Tax you pay
Total tax paid
RM 155
Did you know your employer also pays tax on your salary? It costs the employer RM 86.07 to pay you RM 400. In other words, every time you spend RM 10 of your hard-earned money, RM 3.87 goes to the government.
Real tax rate
31.9%
So, with you and the employer both paying tax, what used to be a 17.2% tax rate now rises to 31.9%, meaning your real tax rate is actually 14.7% higher than what it seemed at first.
Summary
If you make RM 400 a year living in Malaysia, you will be taxed RM 68.92. That means that your net pay will be RM 331 per year, or RM 27.59 per month. Your average tax rate is 17.2% and your marginal tax rate is 8.9%. 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 8.91, hence, your net pay will only increase by RM 91.09.
Bonus Example
A RM 1,000 bonus will generate an extra RM 911 of net incomes. A RM 5,000 bonus will generate an extra RM 4,555 of net incomes.
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.