Income tax calculator Malaysia
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 596
Employees' Provident Fund (EPF)
- RM 81.37
Social Security Organization (SOCSO) contribution
- RM 3.34
Employment Insurance System (EIS) contribution
- RM 1.67
Total tax
- RM 86.37
Net pay
*
RM 510
Marginal tax rate
12.3%
Average tax rate
14.5%
85.5%
Net pay
14.5%
Total tax
Total tax
Net pay
The Taxberg
RM 510
Net pay
RM 107
Tax the employer pays
RM 86.37
Tax you pay
Total tax paid
RM 194
Did you know your employer also pays tax on your salary? It costs the employer RM 107 to pay you RM 596. In other words, every time you spend RM 10 of your hard-earned money, RM 3.25 goes to the government.
Real tax rate
27.5%
So, with you and the employer both paying tax, what used to be a 14.5% tax rate now rises to 27.5%, meaning your real tax rate is actually 13% higher than what it seemed at first.
Summary
If you make RM 596 a year living in Malaysia, you will be taxed RM 86.37. That means that your net pay will be RM 510 per year, or RM 42.47 per month. Your average tax rate is 14.5% and your marginal tax rate is 12.3%. 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 12.33, hence, your net pay will only increase by RM 87.67.
Bonus Example
A RM 1,000 bonus will generate an extra RM 877 of net incomes. A RM 5,000 bonus will generate an extra RM 4,384 of net incomes.
Compare average tax
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.