Income tax calculator MalaysiaFind out how much your salary is after tax
Salary rate
Withholding
Salary RM 500,000
Tax - RM 105,200
Employment Insurance - RM 95
EPF - RM 55,002
tax_calculator.withholding_box.social_security_organization_contribution - RM 237
Total tax - RM 160,534
Net pay * RM 339,466
Marginal tax rate 36.0%
Average tax rate 32.1%
32.1%Total tax
67.9%
Net payThe Taxberg
RM 339,466
Net pay
RM 65,924
Tax the employer pays
RM 160,534
Tax you pay
Total tax paid
RM 226,458
Did you know your employer also pays tax on your salary? It costs the employer RM 65,924 to pay you RM 500,000. In other words, every time you spend RM 10 of your hard-earned money, RM 4.53 goes to the government.
Real tax rate
40%
So, with you and the employer both paying tax, what used to be a 32.1% tax rate now rises to 40%, meaning your real tax rate is actually 7.9% higher than what it seemed at first.
People also askRM 500,000 yearly is how much per hour?RM 214 hourly is how much per year?Quel est le salaire moyen en Malaysia ?
Summary
Si vous gagnez un salaire brut de RM 500,000 par an en Malaysia, vous serez imposé de RM 160,534. Cela signifie que votre salaire net sera de RM 339,466 par an, ou RM 28,289 par mois. Votre taux d'imposition moyen est 32.1% et votre taux d'imposition marginal est 36.0%. 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 36, par conséquent, votre salaire net augmentera seulement de RM 64.
Bonus ExampleA RM 1,000 bonus will generate an extra RM 640 of net incomes. A RM 5,000 bonus will generate an extra RM 3,200 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.