Income tax calculator Malaysia

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 56,019
Employees' Provident Fund (EPF)
- RM 6,174
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 1,242
Total tax
- RM 7,748
Net pay
* RM 48,271
Marginal tax rate
19.6%
Average tax rate
13.8%
86.2%
Net pay
13.8%
Total tax
Total tax
Net pay
The Taxberg
RM 48,271
Net pay
RM 8,218
Tax the employer pays
RM 7,748
Tax you pay
Total tax paid
RM 15,966
Did you know your employer also pays tax on your salary? It costs the employer RM 8,218 to pay you RM 56,019. In other words, every time you spend RM 10 of your hard-earned money, RM 2.85 goes to the government.
Real tax rate
24.9%
So, with you and the employer both paying tax, what used to be a 13.8% tax rate now rises to 24.9%, meaning your real tax rate is actually 11.1% higher than what it seemed at first.
People also ask
RM 56,019 yearly is how much per hour?
RM 23.94 hourly is how much per year?
What is the average salary in Malaysia?
Summary
If you make RM 56,019 a year living in Malaysia, you will be taxed RM 7,748. That means that your net pay will be RM 48,271 per year, or RM 4,023 per month. Your average tax rate is 13.8% and your marginal tax rate is 19.6%. 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 19.60, hence, your net pay will only increase by RM 80.40.
Bonus Example
A RM 1,000 bonus will generate an extra RM 804 of net incomes. A RM 5,000 bonus will generate an extra RM 4,020 of net incomes.
Compare average tax
Tax per income
RM 55,000
RM 60,000
RM 65,000
RM 70,000
RM 75,000
RM 80,000
RM 85,000
RM 90,000
RM 95,000
RM 100,000
RM 105,000
RM 110,000
RM 115,000
RM 120,000
RM 125,000
RM 130,000
RM 135,000
RM 140,000
RM 145,000
RM 150,000
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
MYR 56019
0.0%
1
Ireland
MYR 56019
0.0%
2
Spain
MYR 52462
6.4%
3
Switzerland
MYR 52089
7.0%
4
France
MYR 50323
10.2%
5
Norway
MYR 50026
10.7%
6
Italy
MYR 49313
12.0%
7
Luxembourg
MYR 49245
12.1%
8
Russia
MYR 48737
13.0%
9
Austria
MYR 47629
15.0%
10
Czech Republic
MYR 47185
15.8%
11
Hungary
MYR 45655
18.5%
12
Ukraine
MYR 45095
19.5%
13
Germany
MYR 44997
19.7%
14
Greece
MYR 43614
22.1%
15
Sweden
MYR 43249
22.8%
16
Poland
MYR 41288
26.3%
17
Portugal
MYR 39525
29.4%
18
Finland
MYR 38793
30.8%
19
Belgium
MYR 38093
32.0%
20
Denmark
MYR 37420
33.2%
21
Netherlands
MYR 35254
37.1%
22
Romania
MYR 32771
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
MYR 50368
10.1%
1
Canada
MYR 42647
23.9%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
MYR 55414
1.1%
1
Hong Kong
MYR 53218
5.0%
2
Thailand
MYR 52253
6.7%
3
Taiwan
MYR 51061
8.9%
4
Pakistan
MYR 49714
11.3%
5
South Korea
MYR 49090
12.4%
6
Malaysia
MYR 48271
13.8%
7
New Zealand
MYR 48023
14.3%
8
Indonesia
MYR 47844
14.6%
9
Philippines
MYR 46468
17.1%
10
Japan
MYR 45520
18.7%
11
Singapore
MYR 44830
20.0%
12
Kazakhstan
MYR 44367
20.8%
13
Vietnam
MYR 43575
22.2%
14
India
MYR 42071
24.9%
15
China
MYR 39736
29.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Puerto Rico
MYR 51517
8.0%
1
Colombia
MYR 50697
9.5%
2
Ecuador
MYR 50646
9.6%
3
Guatemala
MYR 50648
9.6%
4
Costa Rica
MYR 50137
10.5%
5
Panama
MYR 49613
11.4%
6
Mexico
MYR 46342
17.3%
7
Chile
MYR 46038
17.8%
8
Uruguay
MYR 44756
20.1%
9
Brazil
MYR 44069
21.3%
10
Peru
MYR 43778
21.9%
11
Argentina
MYR 36382
35.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
MYR 49376
11.9%
1
Morocco
MYR 42868
23.5%
2
Mozambique
MYR 42775
23.6%
3
Ivory Coast
MYR 41666
25.6%
4
Angola
MYR 41517
25.9%
5
Kenya
MYR 41456
26.0%
6
Ghana
MYR 40867
27.1%
7
Cameroon
MYR 39791
29.0%
8
Nigeria
MYR 38654
31.0%
9
Uganda
MYR 37714
32.7%
10
Senegal
MYR 37533
33.0%
11
Zambia
MYR 35744
36.2%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
MYR 53218
5.0%
1
Qatar
MYR 53218
5.0%
2
Bahrain
MYR 51538
8.0%
3
Oman
MYR 51538
8.0%
4
Saudi Arabia
MYR 50417
10.0%
5
Kuwait
MYR 49857
11.0%
6
Israel
MYR 48653
13.2%
7
Egypt
MYR 43237
22.8%
8
Lebanon
MYR 42852
23.5%
9
Turkey
MYR 31437
43.9%
10
Show more
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.