Income tax calculator Malaysia

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 56,020
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 48,272
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 48,272
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 56,020. 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
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Summary
If you make RM 56,020 a year living in Malaysia, you will be taxed RM 7,748. That means that your net pay will be RM 48,272 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.
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
North America
Country 
Net pay
Average tax
Rank
USA
MYR 50368
10.1%
1
Canada
MYR 42648
23.9%
2
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
MYR 53219
5.0%
1
Qatar
MYR 53219
5.0%
2
Bahrain
MYR 51538
8.0%
3
Oman
MYR 51538
8.0%
4
Saudi Arabia
MYR 50418
10.0%
5
Kuwait
MYR 49858
11.0%
6
Israel
MYR 48653
13.2%
7
Egypt
MYR 43238
22.8%
8
Lebanon
MYR 42853
23.5%
9
Turkey
MYR 31437
43.9%
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.