Income tax calculator Malaysia

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 6,900,000
Employees' Provident Fund (EPF)
- RM 759,045
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 1,983,550
Total tax
- RM 2,742,927
Net pay
* RM 4,157,073
Marginal tax rate
41.0%
Average tax rate
39.8%
60.2%
Net pay
39.8%
Total tax
Total tax
Net pay
The Taxberg
RM 4,157,073
Net pay
RM 897,890
Tax the employer pays
RM 2,742,927
Tax you pay
Total tax paid
RM 3,640,817
Did you know your employer also pays tax on your salary? It costs the employer RM 897,890 to pay you RM 6,900,000. In other words, every time you spend RM 10 of your hard-earned money, RM 5.28 goes to the government.
Real tax rate
46.7%
So, with you and the employer both paying tax, what used to be a 39.8% tax rate now rises to 46.7%, meaning your real tax rate is actually 6.9% higher than what it seemed at first.
People also ask
RM 6,900,000 yearly is how much per hour?
RM 2,949 hourly is how much per year?
What is the average salary in Malaysia?
Summary
If you make RM 6,900,000 a year living in Malaysia, you will be taxed RM 2,742,927. That means that your net pay will be RM 4,157,073 per year, or RM 346,423 per month. Your average tax rate is 39.8% and your marginal tax rate is 41.0%. 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 41, hence, your net pay will only increase by RM 59.
Bonus Example
A RM 1,000 bonus will generate an extra RM 590 of net incomes. A RM 5,000 bonus will generate an extra RM 2,950 of net incomes.
Tax per income
RM 1,905,000
RM 1,910,000
RM 1,915,000
RM 1,920,000
RM 1,925,000
RM 1,930,000
RM 1,935,000
RM 1,940,000
RM 1,945,000
RM 1,950,000
RM 1,955,000
RM 1,960,000
RM 1,965,000
RM 1,970,000
RM 1,975,000
RM 1,980,000
RM 1,985,000
RM 1,990,000
RM 1,995,000
RM 2,000,000
North America
Country 
Net pay
Average tax
Rank
USA
MYR 3833143
44.5%
1
Canada
MYR 3310075
52.0%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
MYR 6110498
11.4%
1
Brazil
MYR 5004987
27.5%
2
Costa Rica
MYR 4681825
32.2%
3
Panama
MYR 4635215
32.8%
4
Mexico
MYR 4506366
34.7%
5
Puerto Rico
MYR 4486048
35.0%
6
Argentina
MYR 4484969
35.0%
7
Colombia
MYR 4313302
37.5%
8
Uruguay
MYR 4311696
37.5%
9
Peru
MYR 4261164
38.2%
10
Chile
MYR 4248074
38.4%
11
Ecuador
MYR 3996645
42.1%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
MYR 5020517
27.2%
1
Kenya
MYR 4832243
30.0%
2
Ivory Coast
MYR 4702766
31.8%
3
Nigeria
MYR 4693930
32.0%
4
Ghana
MYR 4568766
33.8%
5
Mozambique
MYR 4494791
34.9%
6
Zambia
MYR 4244793
38.5%
7
Cameroon
MYR 4206521
39.0%
8
Morocco
MYR 4191321
39.3%
9
Senegal
MYR 4145064
39.9%
10
South Africa
MYR 3839047
44.4%
11
Uganda
MYR 3810817
44.8%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
MYR 6853011
0.7%
1
Saudi Arabia
MYR 6836221
0.9%
2
Bahrain
MYR 6791449
1.6%
3
United Arab Emirates
MYR 6555000
5.0%
4
Qatar
MYR 6555000
5.0%
5
Oman
MYR 6348000
8.0%
6
Egypt
MYR 5176223
25.0%
7
Lebanon
MYR 5175838
25.0%
8
Turkey
MYR 4019477
41.8%
9
Israel
MYR 3558466
48.4%
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.