Income tax calculator Malaysia
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 50,213
Employees' Provident Fund (EPF)
- RM 5,541
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 708
Total tax
- RM 6,581
Net pay
*
RM 43,632
Marginal tax rate
27.8%
Average tax rate
13.1%
86.9%
Net pay
13.1%
Total tax
Total tax
Net pay
The Taxberg
RM 43,632
Net pay
RM 7,468
Tax the employer pays
RM 6,581
Tax you pay
Total tax paid
RM 14,048
Did you know your employer also pays tax on your salary? It costs the employer RM 7,468 to pay you RM 50,213. In other words, every time you spend RM 10 of your hard-earned money, RM 2.80 goes to the government.
Real tax rate
24.4%
So, with you and the employer both paying tax, what used to be a 13.1% tax rate now rises to 24.4%, meaning your real tax rate is actually 11.3% higher than what it seemed at first.
Summary
If you make RM 50,213 a year living in Malaysia, you will be taxed RM 6,581. That means that your net pay will be RM 43,632 per year, or RM 3,636 per month. Your average tax rate is 13.1% and your marginal tax rate is 27.8%. 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 27.84, hence, your net pay will only increase by RM 72.16.
Bonus Example
A RM 1,000 bonus will generate an extra RM 722 of net incomes. A RM 5,000 bonus will generate an extra RM 3,608 of net incomes.
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.