Income tax calculator Malaysia

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 40,000
Employees' Provident Fund (EPF)
- RM 4,416
Social Security Organization (SOCSO) contribution
- RM 201
Employment Insurance System (EIS) contribution
- RM 80.40
Total tax
- RM 4,697
Net pay
* RM 35,303
Marginal tax rate
11.6%
Average tax rate
11.7%
88.3%
Net pay
11.7%
Total tax
Total tax
Net pay
The Taxberg
RM 35,303
Net pay
RM 6,000
Tax the employer pays
RM 4,697
Tax you pay
Total tax paid
RM 10,697
Did you know your employer also pays tax on your salary? It costs the employer RM 6,000 to pay you RM 40,000. In other words, every time you spend RM 10 of your hard-earned money, RM 2.67 goes to the government.
Real tax rate
23.3%
So, with you and the employer both paying tax, what used to be a 11.7% tax rate now rises to 23.3%, meaning your real tax rate is actually 11.6% higher than what it seemed at first.
People also ask
RM 40,000 yearly is how much per hour?
RM 17.09 hourly is how much per year?
What is the average salary in Malaysia?
Summary
If you make RM 40,000 a year living in Malaysia, you will be taxed RM 4,697. That means that your net pay will be RM 35,303 per year, or RM 2,942 per month. Your average tax rate is 11.7% 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.
Tax per income
RM 45,000
RM 50,000
RM 55,000
RM 60,000
RM 65,000
RM 70,000
RM 75,000
RM 80,000
RM 85,000
RM 90,000
RM 95,000
RM 100,000
RM 105,000
RM 110,000
RM 115,000
RM 120,000
RM 125,000
RM 130,000
RM 135,000
RM 140,000
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
MYR 40000
0.0%
1
Ireland
MYR 40000
0.0%
2
Italy
MYR 37540
6.2%
3
Spain
MYR 37460
6.4%
4
Switzerland
MYR 37159
7.1%
5
Norway
MYR 36800
8.0%
6
France
MYR 36120
9.7%
7
Luxembourg
MYR 35478
11.3%
8
Czech Republic
MYR 35309
11.7%
9
Russia
MYR 34800
13.0%
10
Austria
MYR 34009
15.0%
11
Hungary
MYR 32600
18.5%
12
Ukraine
MYR 32200
19.5%
13
Germany
MYR 32130
19.7%
14
Sweden
MYR 31425
21.4%
15
Greece
MYR 31260
21.9%
16
Poland
MYR 31060
22.4%
17
Portugal
MYR 29250
26.9%
18
Finland
MYR 27700
30.8%
19
Belgium
MYR 27200
32.0%
20
Denmark
MYR 26643
33.4%
21
Netherlands
MYR 25169
37.1%
22
Romania
MYR 23400
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
MYR 36311
9.2%
1
Canada
MYR 30772
23.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
MYR 40000
0.0%
1
Hong Kong
MYR 40000
0.0%
2
Thailand
MYR 37818
5.5%
3
Pakistan
MYR 36976
7.6%
4
Taiwan
MYR 36460
8.9%
5
Malaysia
MYR 35303
11.7%
6
South Korea
MYR 35245
11.9%
7
New Zealand
MYR 35030
12.4%
8
Indonesia
MYR 34636
13.4%
9
Philippines
MYR 34460
13.9%
10
Japan
MYR 32503
18.7%
11
Vietnam
MYR 32005
20.0%
12
Singapore
MYR 32002
20.0%
13
Kazakhstan
MYR 31680
20.8%
14
India
MYR 31664
20.8%
15
China
MYR 28562
28.6%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
MYR 36820
8.0%
1
Colombia
MYR 36800
8.0%
2
Ecuador
MYR 36220
9.5%
3
Guatemala
MYR 36165
9.6%
4
Costa Rica
MYR 35800
10.5%
5
Panama
MYR 35600
11.0%
6
Peru
MYR 35000
12.5%
7
Mexico
MYR 34189
14.5%
8
Brazil
MYR 33717
15.7%
9
Chile
MYR 32960
17.6%
10
Uruguay
MYR 31960
20.1%
11
Argentina
MYR 25969
35.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
MYR 36434
8.9%
1
Morocco
MYR 32532
18.7%
2
Mozambique
MYR 31242
21.9%
3
Ivory Coast
MYR 30691
23.3%
4
Cameroon
MYR 30451
23.9%
5
Kenya
MYR 30271
24.3%
6
Angola
MYR 29818
25.5%
7
Ghana
MYR 29513
26.2%
8
Nigeria
MYR 27758
30.6%
9
Uganda
MYR 27302
31.8%
10
Senegal
MYR 27167
32.1%
11
Zambia
MYR 26283
34.3%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
MYR 38000
5.0%
1
Qatar
MYR 38000
5.0%
2
Bahrain
MYR 36800
8.0%
3
Oman
MYR 36800
8.0%
4
Saudi Arabia
MYR 36000
10.0%
5
Kuwait
MYR 35600
11.0%
6
Israel
MYR 34740
13.2%
7
Egypt
MYR 31223
21.9%
8
Lebanon
MYR 30838
22.9%
9
Turkey
MYR 23516
41.2%
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.