Income tax calculator Malaysia
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 45,444
Employees' Provident Fund (EPF)
- RM 5,016
Social Security Organization (SOCSO) contribution
- RM 228
Employment Insurance System (EIS) contribution
- RM 91.07
Tax
- RM 124
Total tax
- RM 5,458
Net pay
*
RM 39,986
Marginal tax rate
14.6%
Average tax rate
12.0%
88.0%
Net pay
12.0%
Total tax
Total tax
Net pay
The Taxberg
RM 39,986
Net pay
RM 6,814
Tax the employer pays
RM 5,458
Tax you pay
Total tax paid
RM 12,273
Did you know your employer also pays tax on your salary? It costs the employer RM 6,814 to pay you RM 45,444. In other words, every time you spend RM 10 of your hard-earned money, RM 2.70 goes to the government.
Real tax rate
23.5%
So, with you and the employer both paying tax, what used to be a 12% tax rate now rises to 23.5%, meaning your real tax rate is actually 11.5% higher than what it seemed at first.
Summary
If you make RM 45,444 a year living in Malaysia, you will be taxed RM 5,458. That means that your net pay will be RM 39,986 per year, or RM 3,332 per month. Your average tax rate is 12.0% and your marginal tax rate is 14.6%. 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 14.64, hence, your net pay will only increase by RM 85.36.
Bonus Example
A RM 1,000 bonus will generate an extra RM 854 of net incomes. A RM 5,000 bonus will generate an extra RM 4,268 of net incomes.
North America
Country
Net pay
Average tax
Rank
USA
MYR 41092
9.6%
1
Canada
MYR 34808
23.4%
2
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.