Income tax calculator Malaysia

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 670,000
Employees' Provident Fund (EPF)
- RM 73,701
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 148,270
Total tax
- RM 222,303
Net pay
* RM 447,697
Marginal tax rate
37.0%
Average tax rate
33.2%
66.8%
Net pay
33.2%
Total tax
Total tax
Net pay
The Taxberg
RM 447,697
Net pay
RM 88,024
Tax the employer pays
RM 222,303
Tax you pay
Total tax paid
RM 310,327
Did you know your employer also pays tax on your salary? It costs the employer RM 88,024 to pay you RM 670,000. In other words, every time you spend RM 10 of your hard-earned money, RM 4.63 goes to the government.
Real tax rate
40.9%
So, with you and the employer both paying tax, what used to be a 33.2% tax rate now rises to 40.9%, meaning your real tax rate is actually 7.7% higher than what it seemed at first.
People also ask
RM 670,000 yearly is how much per hour?
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Summary
If you make RM 670,000 a year living in Malaysia, you will be taxed RM 222,303. That means that your net pay will be RM 447,697 per year, or RM 37,308 per month. Your average tax rate is 33.2% and your marginal tax rate is 37.0%. 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 37, hence, your net pay will only increase by RM 63.
Bonus Example
A RM 1,000 bonus will generate an extra RM 630 of net incomes. A RM 5,000 bonus will generate an extra RM 3,150 of net incomes.
Tax per income
RM 675,000
RM 680,000
RM 685,000
RM 690,000
RM 695,000
RM 700,000
RM 705,000
RM 710,000
RM 715,000
RM 720,000
RM 725,000
RM 730,000
RM 735,000
RM 740,000
RM 745,000
RM 750,000
RM 755,000
RM 760,000
RM 765,000
RM 770,000
North America
Country 
Net pay
Average tax
Rank
USA
MYR 457706
31.7%
1
Canada
MYR 412050
38.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
MYR 572864
14.5%
1
Hong Kong
MYR 570644
14.8%
2
Singapore
MYR 550795
17.8%
3
Taiwan
MYR 510476
23.8%
4
Thailand
MYR 494973
26.1%
5
China
MYR 488925
27.0%
6
Indonesia
MYR 469388
29.9%
7
New Zealand
MYR 455892
32.0%
8
South Korea
MYR 455597
32.0%
9
Pakistan
MYR 455306
32.0%
10
Japan
MYR 450127
32.8%
11
Malaysia
MYR 447697
33.2%
12
Philippines
MYR 446974
33.3%
13
Vietnam
MYR 442771
33.9%
14
Australia
MYR 440258
34.3%
15
India
MYR 360994
46.1%
16
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Africa
Country 
Net pay
Average tax
Rank
Angola
MYR 488192
27.1%
1
Kenya
MYR 471243
29.7%
2
Nigeria
MYR 456284
31.9%
3
Ivory Coast
MYR 451882
32.6%
4
Ghana
MYR 447621
33.2%
5
Mozambique
MYR 445291
33.5%
6
Morocco
MYR 416016
37.9%
7
Cameroon
MYR 413386
38.3%
8
Zambia
MYR 413343
38.3%
9
South Africa
MYR 412547
38.4%
10
Senegal
MYR 407064
39.2%
11
Uganda
MYR 384317
42.6%
12
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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.