Income tax calculator Malaysia
Find out how much your salary is after tax
Salary rate
Withholding
Salary RM 48,555
Tax - RM 431
Employment Insurance - RM 95
EPF - RM 5,357
tax_calculator.withholding_box.social_security_organization_contribution - RM 237
Total tax - RM 6,119
Net pay * RM 42,436
Marginal tax rate 27.8%
Average tax rate 12.6%
12.6%Total tax
87.4%
Net payThe Taxberg


RM 42,436
Net pay
RM 7,249
Tax the employer pays
RM 6,119
Tax you pay



Total tax paid
RM 13,368
Did you know your employer also pays tax on your salary? It costs the employer RM 7,249 to pay you RM 48,555. In other words, every time you spend RM 10 of your hard-earned money, RM 2.75 goes to the government.
Real tax rate
24%
So, with you and the employer both paying tax, what used to be a 12.6% tax rate now rises to 24%, meaning your real tax rate is actually 11.4% higher than what it seemed at first.
People also askRM 48,555 yearly is how much per hour?RM 21 hourly is how much per year?Quel est le salaire moyen en Malaysia ?
Summary
Si vous gagnez un salaire brut de RM 48,555 par an en Malaysia, vous serez imposé de RM 6,119. Cela signifie que votre salaire net sera de RM 42,436 par an, ou RM 3,536 par mois. Votre taux d'imposition moyen est 12.6% et votre taux d'imposition marginal est 27.8%. Ce taux d'imposition marginal signifie que votre revenu supplémentaire immédiat sera imposé à ce taux. Par exemple, une augmentation de RM 100 à votre salaire sera imposé de RM 27.8, par conséquent, votre salaire net augmentera seulement de RM 72.2.
Bonus ExampleA RM 1,000 bonus will generate an extra RM 722 of net incomes. A RM 5,000 bonus will generate an extra RM 3,610 of net incomes.
NOTE* Withholding is calculated based on the Malaysia tables of MY, 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.