Income tax calculator Malaysia

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 5,000,000
Employees' Provident Fund (EPF)
- RM 550,026
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 1,413,550
Total tax
- RM 1,963,908
Net pay
* RM 3,036,092
Marginal tax rate
41.0%
Average tax rate
39.3%
60.7%
Net pay
39.3%
Total tax
Total tax
Net pay
The Taxberg
RM 3,036,092
Net pay
RM 650,909
Tax the employer pays
RM 1,963,908
Tax you pay
Total tax paid
RM 2,614,817
Did you know your employer also pays tax on your salary? It costs the employer RM 650,909 to pay you RM 5,000,000. In other words, every time you spend RM 10 of your hard-earned money, RM 5.23 goes to the government.
Real tax rate
46.3%
So, with you and the employer both paying tax, what used to be a 39.3% tax rate now rises to 46.3%, meaning your real tax rate is actually 7% higher than what it seemed at first.
People also ask
RM 5,000,000 yearly is how much per hour?
RM 2,137 hourly is how much per year?
What is the average salary in Malaysia?
Summary
If you make RM 5,000,000 a year living in Malaysia, you will be taxed RM 1,963,908. That means that your net pay will be RM 3,036,092 per year, or RM 253,008 per month. Your average tax rate is 39.3% and your marginal tax rate is 41.0%. 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 41, hence, your net pay will only increase by RM 59.
Bonus Example
A RM 1,000 bonus will generate an extra RM 590 of net incomes. A RM 5,000 bonus will generate an extra RM 2,950 of net incomes.
Compare average tax
Tax per income
RM 1,905,000
RM 1,910,000
RM 1,915,000
RM 1,920,000
RM 1,925,000
RM 1,930,000
RM 1,935,000
RM 1,940,000
RM 1,945,000
RM 1,950,000
RM 1,955,000
RM 1,960,000
RM 1,965,000
RM 1,970,000
RM 1,975,000
RM 1,980,000
RM 1,985,000
RM 1,990,000
RM 1,995,000
RM 2,000,000
Europe
Country 
Net pay
Average tax
Rank
Russia
MYR 4350000
13.0%
1
Hungary
MYR 4075000
18.5%
2
Ukraine
MYR 4025000
19.5%
3
Czech Republic
MYR 3845318
23.1%
4
Romania
MYR 2925000
41.5%
5
Poland
MYR 2889948
42.2%
6
Greece
MYR 2809110
43.8%
7
Switzerland
MYR 2766255
44.7%
8
Norway
MYR 2692615
46.2%
9
United Kingdom
MYR 2686148
46.3%
10
Spain
MYR 2668252
46.6%
11
Luxembourg
MYR 2650271
47.0%
12
Denmark
MYR 2618247
47.6%
13
Austria
MYR 2616840
47.7%
14
Netherlands
MYR 2565668
48.7%
15
Sweden
MYR 2542776
49.1%
16
Germany
MYR 2484002
50.3%
17
Ireland
MYR 2465646
50.7%
18
Italy
MYR 2301201
54.0%
19
France
MYR 2251119
55.0%
20
Finland
MYR 1908852
61.8%
21
Belgium
MYR 1893080
62.1%
22
Portugal
MYR 1839609
63.2%
23
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North America
Country 
Net pay
Average tax
Rank
USA
MYR 2820443
43.6%
1
Canada
MYR 2427138
51.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
MYR 4469864
10.6%
1
Hong Kong
MYR 4164544
16.7%
2
Singapore
MYR 3937960
21.2%
3
Indonesia
MYR 3396468
32.1%
4
Thailand
MYR 3311094
33.8%
5
Pakistan
MYR 3269806
34.6%
6
Vietnam
MYR 3257271
34.9%
7
Philippines
MYR 3135347
37.3%
8
Taiwan
MYR 3111675
37.8%
9
New Zealand
MYR 3097192
38.1%
10
Malaysia
MYR 3036092
39.3%
11
China
MYR 2875886
42.5%
12
Japan
MYR 2811747
43.8%
13
South Korea
MYR 2742934
45.1%
14
Australia
MYR 2735158
45.3%
15
India
MYR 1542251
69.2%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
MYR 4428844
11.4%
1
Brazil
MYR 3627487
27.5%
2
Costa Rica
MYR 3406450
31.9%
3
Panama
MYR 3366965
32.7%
4
Mexico
MYR 3271366
34.6%
5
Puerto Rico
MYR 3257698
34.9%
6
Argentina
MYR 3249969
35.0%
7
Uruguay
MYR 3157712
36.9%
8
Colombia
MYR 3154347
36.9%
9
Chile
MYR 3108074
37.8%
10
Peru
MYR 3097414
38.1%
11
Ecuador
MYR 2912761
41.7%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
MYR 3638267
27.2%
1
Kenya
MYR 3502243
30.0%
2
Ivory Coast
MYR 3406349
31.9%
3
Nigeria
MYR 3401550
32.0%
4
Ghana
MYR 3311916
33.8%
5
Mozambique
MYR 3259791
34.8%
6
Zambia
MYR 3076293
38.5%
7
Cameroon
MYR 3049706
39.0%
8
Morocco
MYR 3039944
39.2%
9
Senegal
MYR 3005064
39.9%
10
South Africa
MYR 2794047
44.1%
11
Uganda
MYR 2765817
44.7%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
MYR 4953011
0.9%
1
Saudi Arabia
MYR 4936221
1.3%
2
Bahrain
MYR 4910449
1.8%
3
United Arab Emirates
MYR 4750000
5.0%
4
Qatar
MYR 4750000
5.0%
5
Oman
MYR 4600000
8.0%
6
Egypt
MYR 3751223
25.0%
7
Lebanon
MYR 3750838
25.0%
8
Turkey
MYR 2912898
41.7%
9
Israel
MYR 2608466
47.8%
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.