Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 600,000
Employees' Provident Fund (EPF)
- RM 66,000
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 130,200
Total tax
- RM 196,532
Net pay
* RM 403,468
Marginal tax rate
36.6%
Average tax rate
32.8%
67.2%
Net pay
32.8%
Total tax
Total tax
Net pay
The Taxberg
RM 403,468
Net pay
RM 78,923
Tax the employer pays
RM 196,532
Tax you pay
Total tax paid
RM 275,455
Did you know your employer also pays tax on your salary? It costs the employer RM 78,923 to pay you RM 600,000. In other words, every time you spend RM 10 of your hard-earned money, RM 4.59 goes to the government.
Real tax rate
40.6%
So, with you and the employer both paying tax, what used to be a 32.8% tax rate now rises to 40.6%, meaning your real tax rate is actually 7.8% higher than what it seemed at first.
Summary
If you make RM 600,000 a year living in Malaysia, you will be taxed RM 196,532. That means that your net pay will be RM 403,468 per year, or RM 33,622 per month. Your average tax rate is 32.8% and your marginal tax rate is 36.6%. 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 36.57, hence, your net pay will only increase by RM 63.43.
Bonus Example
A RM 1,000 bonus will generate an extra RM 634 of net incomes. A RM 5,000 bonus will generate an extra RM 3,172 of net incomes.
Compare average tax
Europe
Country 
Net pay
Average tax
Rank
Russia
MYR 522000
13.0%
1
Hungary
MYR 489000
18.5%
2
Ukraine
MYR 483000
19.5%
3
Czech Republic
MYR 457318
23.8%
4
Switzerland
MYR 448148
25.3%
5
United Kingdom
MYR 392900
34.5%
6
France
MYR 387476
35.4%
7
Norway
MYR 376144
37.3%
8
Spain
MYR 372230
38.0%
9
Denmark
MYR 364496
39.3%
10
Austria
MYR 362744
39.5%
11
Poland
MYR 357550
40.4%
12
Ireland
MYR 353646
41.1%
13
Romania
MYR 351000
41.5%
14
Greece
MYR 345110
42.5%
15
Netherlands
MYR 343668
42.7%
16
Sweden
MYR 342352
42.9%
17
Luxembourg
MYR 326439
45.6%
18
Germany
MYR 324596
45.9%
19
Italy
MYR 304481
49.3%
20
Finland
MYR 288772
51.9%
21
Portugal
MYR 270609
54.9%
22
Belgium
MYR 248364
58.6%
23
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North America
Country 
Net pay
Average tax
Rank
USA
MYR 414234
31.0%
1
Canada
MYR 377187
37.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
MYR 512544
14.6%
1
Kazakhstan
MYR 509864
15.0%
2
Singapore
MYR 493492
17.8%
3
Taiwan
MYR 467196
22.1%
4
Thailand
MYR 448966
25.2%
5
China
MYR 446496
25.6%
6
Indonesia
MYR 422068
29.7%
7
South Korea
MYR 416237
30.6%
8
New Zealand
MYR 413192
31.1%
9
Pakistan
MYR 409806
31.7%
10
Japan
MYR 407022
32.2%
11
Philippines
MYR 403447
32.8%
12
Malaysia
MYR 403468
32.8%
13
Australia
MYR 403158
32.8%
14
Vietnam
MYR 397271
33.8%
15
India
MYR 324510
45.9%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
MYR 534488
10.9%
1
Costa Rica
MYR 452950
24.5%
2
Chile
MYR 447240
25.5%
3
Uruguay
MYR 443453
26.1%
4
Colombia
MYR 439920
26.7%
5
Brazil
MYR 437487
27.1%
6
Panama
MYR 429965
28.3%
7
Puerto Rico
MYR 413750
31.0%
8
Mexico
MYR 408910
31.9%
9
Ecuador
MYR 402715
32.9%
10
Peru
MYR 402414
32.9%
11
Argentina
MYR 389969
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
MYR 437267
27.1%
1
Kenya
MYR 422243
29.6%
2
Nigeria
MYR 408670
31.9%
3
Ivory Coast
MYR 404119
32.7%
4
Ghana
MYR 401316
33.1%
5
Mozambique
MYR 399791
33.4%
6
South Africa
MYR 374047
37.7%
7
Morocco
MYR 373596
37.7%
8
Cameroon
MYR 370766
38.2%
9
Zambia
MYR 370293
38.3%
10
Senegal
MYR 365064
39.2%
11
Uganda
MYR 345817
42.4%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
MYR 570000
5.0%
1
Qatar
MYR 570000
5.0%
2
Bahrain
MYR 554449
7.6%
3
Kuwait
MYR 553011
7.8%
4
Oman
MYR 552000
8.0%
5
Saudi Arabia
MYR 540000
10.0%
6
Egypt
MYR 451223
24.8%
7
Lebanon
MYR 450838
24.9%
8
Israel
MYR 394575
34.2%
9
Turkey
MYR 350294
41.6%
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.