Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 429
Employees' Provident Fund (EPF)
- RM 68.44
Social Security Organization (SOCSO) contribution
- RM 2.04
Employment Insurance System (EIS) contribution
- RM 1.02
Total tax
- RM 71.50
Net pay
* RM 358
Marginal tax rate
8.9%
Average tax rate
16.7%
83.3%
Net pay
16.7%
Total tax
Total tax
Net pay
The Taxberg
RM 358
Net pay
RM 89.21
Tax the employer pays
RM 71.50
Tax you pay
Total tax paid
RM 161
Did you know your employer also pays tax on your salary? It costs the employer RM 89.21 to pay you RM 429. In other words, every time you spend RM 10 of your hard-earned money, RM 3.75 goes to the government.
Real tax rate
31.0%
So, with you and the employer both paying tax, what used to be a 16.7% tax rate now rises to 31.0%, meaning your real tax rate is actually 14.3% higher than what it seemed at first.
Summary
If you make RM 429 a year living in Malaysia, you will be taxed RM 71.50. That means that your net pay will be RM 358 per year, or RM 29.79 per month. Your average tax rate is 16.7% 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.
Compare average tax
North America
Country 
Net pay
Average tax
Rank
Canada
MYR 422
1.6%
1
USA
MYR 392
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
MYR 429
0.0%
1
Singapore
MYR 429
0.0%
2
Hong Kong
MYR 429
0.0%
3
Thailand
MYR 408
5.0%
4
Indonesia
MYR 391
8.8%
5
Taiwan
MYR 391
8.9%
6
South Korea
MYR 383
10.7%
7
Pakistan
MYR 381
11.2%
8
New Zealand
MYR 378
11.9%
9
India
MYR 378
12.0%
10
China
MYR 372
13.2%
11
Vietnam
MYR 365
15.0%
12
Malaysia
MYR 358
16.7%
13
Japan
MYR 349
18.7%
14
Kazakhstan
MYR 340
20.8%
15
Philippines
MYR 266
37.9%
16
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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.