Income tax calculator Malaysia
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 558
Employees' Provident Fund (EPF)
- RM 78.43
Social Security Organization (SOCSO) contribution
- RM 3.04
Employment Insurance System (EIS) contribution
- RM 1.52
Total tax
- RM 82.99
Net pay
*
RM 475
Marginal tax rate
10.4%
Average tax rate
14.9%
85.1%
Net pay
14.9%
Total tax
Total tax
Net pay
The Taxberg
RM 475
Net pay
RM 103
Tax the employer pays
RM 82.99
Tax you pay
Total tax paid
RM 186
Did you know your employer also pays tax on your salary? It costs the employer RM 103 to pay you RM 558. In other words, every time you spend RM 10 of your hard-earned money, RM 3.34 goes to the government.
Real tax rate
28.2%
So, with you and the employer both paying tax, what used to be a 14.9% tax rate now rises to 28.2%, meaning your real tax rate is actually 13.3% higher than what it seemed at first.
Summary
If you make RM 558 a year living in Malaysia, you will be taxed RM 82.99. That means that your net pay will be RM 475 per year, or RM 39.58 per month. Your average tax rate is 14.9% and your marginal tax rate is 10.4%. 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 10.36, hence, your net pay will only increase by RM 89.64.
Bonus Example
A RM 1,000 bonus will generate an extra RM 896 of net incomes. A RM 5,000 bonus will generate an extra RM 4,482 of net incomes.
North America
Country
Net pay
Average tax
Rank
Canada
MYR 549
1.6%
1
USA
MYR 510
8.7%
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.