Income tax calculator Malaysia

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 490,000
Employees' Provident Fund (EPF)
- RM 53,904
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 102,700
Total tax
- RM 156,936
Net pay
* RM 333,064
Marginal tax rate
36.0%
Average tax rate
32.0%
68.0%
Net pay
32.0%
Total tax
Total tax
Net pay
The Taxberg
RM 333,064
Net pay
RM 64,625
Tax the employer pays
RM 156,936
Tax you pay
Total tax paid
RM 221,561
Did you know your employer also pays tax on your salary? It costs the employer RM 64,625 to pay you RM 490,000. In other words, every time you spend RM 10 of your hard-earned money, RM 4.52 goes to the government.
Real tax rate
39.9%
So, with you and the employer both paying tax, what used to be a 32% tax rate now rises to 39.9%, meaning your real tax rate is actually 7.9% higher than what it seemed at first.
People also ask
RM 490,000 yearly is how much per hour?
RM 209 hourly is how much per year?
What is the average salary in Malaysia?
Summary
If you make RM 490,000 a year living in Malaysia, you will be taxed RM 156,936. That means that your net pay will be RM 333,064 per year, or RM 27,755 per month. Your average tax rate is 32.0% 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 35.98, hence, your net pay will only increase by RM 64.02.
Bonus Example
A RM 1,000 bonus will generate an extra RM 640 of net incomes. A RM 5,000 bonus will generate an extra RM 3,201 of net incomes.
Compare average tax
Tax per income
RM 495,000
RM 500,000
RM 505,000
RM 510,000
RM 515,000
RM 520,000
RM 525,000
RM 530,000
RM 535,000
RM 540,000
RM 545,000
RM 550,000
RM 555,000
RM 560,000
RM 565,000
RM 570,000
RM 575,000
RM 580,000
RM 585,000
RM 590,000
Europe
Country 
Net pay
Average tax
Rank
Russia
MYR 426300
13.0%
1
Hungary
MYR 399350
18.5%
2
Ukraine
MYR 394450
19.5%
3
Switzerland
MYR 375747
23.3%
4
Czech Republic
MYR 372618
24.0%
5
United Kingdom
MYR 330475
32.6%
6
France
MYR 328975
32.9%
7
Norway
MYR 317227
35.3%
8
Spain
MYR 312304
36.3%
9
Denmark
MYR 308153
37.1%
10
Ireland
MYR 300846
38.6%
11
Austria
MYR 299568
38.9%
12
Poland
MYR 294240
40.0%
13
Netherlands
MYR 288118
41.2%
14
Sweden
MYR 287340
41.4%
15
Romania
MYR 286650
41.5%
16
Greece
MYR 283510
42.1%
17
Luxembourg
MYR 277214
43.4%
18
Germany
MYR 268315
45.2%
19
Italy
MYR 254563
48.1%
20
Finland
MYR 248270
49.3%
21
Portugal
MYR 228259
53.4%
22
Belgium
MYR 207246
57.7%
23
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North America
Country 
Net pay
Average tax
Rank
USA
MYR 347543
29.1%
1
Canada
MYR 319641
34.8%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
MYR 421244
14.0%
1
Kazakhstan
MYR 410864
16.2%
2
Singapore
MYR 402078
17.9%
3
Taiwan
MYR 390196
20.4%
4
China
MYR 374996
23.5%
5
Thailand
MYR 372161
24.1%
6
South Korea
MYR 352231
28.1%
7
Indonesia
MYR 347708
29.0%
8
New Zealand
MYR 346091
29.4%
9
Australia
MYR 342253
30.2%
10
Japan
MYR 339286
30.8%
11
Pakistan
MYR 338306
31.0%
12
Malaysia
MYR 333064
32.0%
13
Philippines
MYR 332908
32.1%
14
Vietnam
MYR 325771
33.5%
15
India
MYR 274310
44.0%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
MYR 437129
10.8%
1
Costa Rica
MYR 377942
22.9%
2
Chile
MYR 375740
23.3%
3
Uruguay
MYR 359862
26.6%
4
Colombia
MYR 359615
26.6%
5
Brazil
MYR 357737
27.0%
6
Panama
MYR 356540
27.2%
7
Puerto Rico
MYR 348465
28.9%
8
Ecuador
MYR 339933
30.6%
9
Mexico
MYR 336310
31.4%
10
Peru
MYR 335039
31.6%
11
Argentina
MYR 318469
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
MYR 357242
27.1%
1
Kenya
MYR 345243
29.5%
2
Nigeria
MYR 333848
31.9%
3
Ivory Coast
MYR 329063
32.8%
4
Ghana
MYR 328551
33.0%
5
Mozambique
MYR 328291
33.0%
6
South Africa
MYR 313547
36.0%
7
Morocco
MYR 306938
37.4%
8
Cameroon
MYR 303793
38.0%
9
Zambia
MYR 302643
38.2%
10
Senegal
MYR 299064
39.0%
11
Uganda
MYR 285317
41.8%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
MYR 465500
5.0%
1
Qatar
MYR 465500
5.0%
2
Bahrain
MYR 450800
8.0%
3
Oman
MYR 450800
8.0%
4
Kuwait
MYR 443011
9.6%
5
Saudi Arabia
MYR 441000
10.0%
6
Egypt
MYR 368723
24.8%
7
Lebanon
MYR 368338
24.8%
8
Israel
MYR 331655
32.3%
9
Turkey
MYR 286229
41.6%
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.