Income tax calculator Malaysia
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 51,203
Employees' Provident Fund (EPF)
- RM 5,649
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 856
Total tax
- RM 6,837
Net pay
*
RM 44,366
Marginal tax rate
18.4%
Average tax rate
13.4%
86.6%
Net pay
13.4%
Total tax
Total tax
Net pay
The Taxberg
RM 44,366
Net pay
RM 7,597
Tax the employer pays
RM 6,837
Tax you pay
Total tax paid
RM 14,434
Did you know your employer also pays tax on your salary? It costs the employer RM 7,597 to pay you RM 51,203. In other words, every time you spend RM 10 of your hard-earned money, RM 2.82 goes to the government.
Real tax rate
24.5%
So, with you and the employer both paying tax, what used to be a 13.4% tax rate now rises to 24.5%, meaning your real tax rate is actually 11.1% higher than what it seemed at first.
Summary
If you make RM 51,203 a year living in Malaysia, you will be taxed RM 6,837. That means that your net pay will be RM 44,366 per year, or RM 3,697 per month. Your average tax rate is 13.4% and your marginal tax rate is 18.4%. 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 18.40, hence, your net pay will only increase by RM 81.60.
Bonus Example
A RM 1,000 bonus will generate an extra RM 816 of net incomes. A RM 5,000 bonus will generate an extra RM 4,080 of net incomes.
North America
Country
Net pay
Average tax
Rank
USA
MYR 46151
9.9%
1
Canada
MYR 39077
23.7%
2
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.