Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 421,980
Employees' Provident Fund (EPF)
- RM 46,426
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 85,704
Total tax
- RM 132,462
Net pay
* RM 289,518
Marginal tax rate
35.9%
Average tax rate
31.4%
68.6%
Net pay
31.4%
Total tax
Total tax
Net pay
The Taxberg
RM 289,518
Net pay
RM 55,785
Tax the employer pays
RM 132,462
Tax you pay
Total tax paid
RM 188,247
Did you know your employer also pays tax on your salary? It costs the employer RM 55,785 to pay you RM 421,980. In other words, every time you spend RM 10 of your hard-earned money, RM 4.46 goes to the government.
Real tax rate
39.4%
So, with you and the employer both paying tax, what used to be a 31.4% tax rate now rises to 39.4%, meaning your real tax rate is actually 8% higher than what it seemed at first.
Summary
If you make RM 421,980 a year living in Malaysia, you will be taxed RM 132,462. That means that your net pay will be RM 289,518 per year, or RM 24,126 per month. Your average tax rate is 31.4% and your marginal tax rate is 36.0%. 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 35.95, hence, your net pay will only increase by RM 64.05.
Bonus Example
A RM 1,000 bonus will generate an extra RM 641 of net incomes. A RM 5,000 bonus will generate an extra RM 3,203 of net incomes.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
USA
MYR 304992
27.7%
1
Canada
MYR 281529
33.3%
2
Africa
Country 
Net pay
Average tax
Rank
Angola
MYR 307757
27.1%
1
Kenya
MYR 297629
29.5%
2
Nigeria
MYR 287581
31.9%
3
Mozambique
MYR 284078
32.7%
4
Ghana
MYR 283555
32.8%
5
Ivory Coast
MYR 282651
33.0%
6
South Africa
MYR 275935
34.6%
7
Morocco
MYR 265719
37.0%
8
Cameroon
MYR 262379
37.8%
9
Zambia
MYR 260810
38.2%
10
Senegal
MYR 258252
38.8%
11
Uganda
MYR 247906
41.3%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
MYR 400881
5.0%
1
Qatar
MYR 400881
5.0%
2
Bahrain
MYR 388222
8.0%
3
Oman
MYR 388222
8.0%
4
Saudi Arabia
MYR 379782
10.0%
5
Kuwait
MYR 379615
10.0%
6
Egypt
MYR 317708
24.7%
7
Lebanon
MYR 317323
24.8%
8
Israel
MYR 292747
30.6%
9
Turkey
MYR 246614
41.6%
10
Show more
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.