Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 43,000
Employees' Provident Fund (EPF)
- RM 4,748
Social Security Organization (SOCSO) contribution
- RM 215
Employment Insurance System (EIS) contribution
- RM 86
Tax
- RM 53.60
Total tax
- RM 5,103
Net pay
* RM 37,897
Marginal tax rate
14.4%
Average tax rate
11.9%
88.1%
Net pay
11.9%
Total tax
Total tax
Net pay
The Taxberg
RM 37,897
Net pay
RM 6,450
Tax the employer pays
RM 5,103
Tax you pay
Total tax paid
RM 11,553
Did you know your employer also pays tax on your salary? It costs the employer RM 6,450 to pay you RM 43,000. In other words, every time you spend RM 10 of your hard-earned money, RM 2.69 goes to the government.
Real tax rate
23.4%
So, with you and the employer both paying tax, what used to be a 11.9% tax rate now rises to 23.4%, meaning your real tax rate is actually 11.5% higher than what it seemed at first.
Summary
If you make RM 43,000 a year living in Malaysia, you will be taxed RM 5,103. That means that your net pay will be RM 37,897 per year, or RM 3,158 per month. Your average tax rate is 11.9% and your marginal tax rate is 14.4%. 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 14.44, hence, your net pay will only increase by RM 85.56.
Bonus Example
A RM 1,000 bonus will generate an extra RM 856 of net incomes. A RM 5,000 bonus will generate an extra RM 4,278 of net incomes.
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
MYR 43000
0.0%
1
Ireland
MYR 43000
0.0%
2
Italy
MYR 41389
3.8%
3
Spain
MYR 40269
6.4%
4
Switzerland
MYR 39955
7.1%
5
Norway
MYR 39508
8.1%
6
France
MYR 38829
9.7%
7
Luxembourg
MYR 38105
11.4%
8
Czech Republic
MYR 37551
12.7%
9
Russia
MYR 37410
13.0%
10
Austria
MYR 36560
15.0%
11
Hungary
MYR 35045
18.5%
12
Ukraine
MYR 34615
19.5%
13
Germany
MYR 34540
19.7%
14
Sweden
MYR 33681
21.7%
15
Greece
MYR 33605
21.9%
16
Poland
MYR 32975
23.3%
17
Portugal
MYR 31230
27.4%
18
Finland
MYR 29778
30.8%
19
Belgium
MYR 29240
32.0%
20
Denmark
MYR 28661
33.4%
21
Netherlands
MYR 27057
37.1%
22
Romania
MYR 25155
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
MYR 38946
9.4%
1
Canada
MYR 32996
23.3%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
MYR 43000
0.0%
1
Hong Kong
MYR 43000
0.0%
2
Thailand
MYR 40536
5.7%
3
Pakistan
MYR 39376
8.4%
4
Taiwan
MYR 39194
8.9%
5
Malaysia
MYR 37897
11.9%
6
South Korea
MYR 37865
11.9%
7
New Zealand
MYR 37463
12.9%
8
Indonesia
MYR 37110
13.7%
9
Philippines
MYR 36710
14.6%
10
Japan
MYR 34941
18.7%
11
Singapore
MYR 34426
19.9%
12
Vietnam
MYR 34233
20.4%
13
Kazakhstan
MYR 34056
20.8%
14
India
MYR 33680
21.7%
15
China
MYR 30655
28.7%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
MYR 39591
7.9%
1
Colombia
MYR 39560
8.0%
2
Ecuador
MYR 38937
9.5%
3
Guatemala
MYR 38877
9.6%
4
Costa Rica
MYR 38485
10.5%
5
Panama
MYR 38270
11.0%
6
Mexico
MYR 36465
15.2%
7
Peru
MYR 35872
16.6%
8
Brazil
MYR 35719
16.9%
9
Chile
MYR 35432
17.6%
10
Uruguay
MYR 34357
20.1%
11
Argentina
MYR 27919
35.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
MYR 38864
9.6%
1
Morocco
MYR 34469
19.8%
2
Mozambique
MYR 33402
22.3%
3
Ivory Coast
MYR 32758
23.8%
4
Kenya
MYR 32343
24.8%
5
Cameroon
MYR 32200
25.1%
6
Angola
MYR 32015
25.6%
7
Ghana
MYR 31640
26.4%
8
Nigeria
MYR 29799
30.7%
9
Uganda
MYR 29252
32.0%
10
Senegal
MYR 29117
32.3%
11
Zambia
MYR 27978
34.9%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
MYR 40850
5.0%
1
Qatar
MYR 40850
5.0%
2
Bahrain
MYR 39560
8.0%
3
Oman
MYR 39560
8.0%
4
Saudi Arabia
MYR 38700
10.0%
5
Kuwait
MYR 38270
11.0%
6
Israel
MYR 37346
13.2%
7
Egypt
MYR 33473
22.2%
8
Lebanon
MYR 33088
23.1%
9
Turkey
MYR 25023
41.8%
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.