Income tax calculator Malaysia

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 7,474,990
Employees' Provident Fund (EPF)
- RM 822,300
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 2,156,047
Total tax
- RM 2,978,679
Net pay
* RM 4,496,311
Marginal tax rate
41.0%
Average tax rate
39.8%
60.2%
Net pay
39.8%
Total tax
Total tax
Net pay
People also ask
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Summary
If you make RM 7,474,990 a year living in Malaysia, you will be taxed RM 2,978,679. That means that your net pay will be RM 4,496,311 per year, or RM 374,693 per month. Your average tax rate is 39.9% 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
Europe
Country 
Net pay
Average tax
Rank
Russia
MYR 6503241
13.0%
1
Hungary
MYR 6092117
18.5%
2
Ukraine
MYR 6017367
19.5%
3
Czech Republic
MYR 5751061
23.1%
4
Romania
MYR 4372869
41.5%
5
Poland
MYR 4314416
42.3%
6
Greece
MYR 4195105
43.9%
7
Switzerland
MYR 4075847
45.5%
8
Norway
MYR 3994460
46.6%
9
United Kingdom
MYR 3966956
46.9%
10
Luxembourg
MYR 3957561
47.1%
11
Spain
MYR 3950297
47.2%
12
Denmark
MYR 3885976
48.0%
13
Austria
MYR 3827817
48.8%
14
Netherlands
MYR 3815538
49.0%
15
Sweden
MYR 3780505
49.4%
16
Germany
MYR 3683753
50.7%
17
Ireland
MYR 3653642
51.1%
18
Italy
MYR 3625437
51.5%
19
France
MYR 3273290
56.2%
20
Finland
MYR 2820143
62.3%
21
Belgium
MYR 2818229
62.3%
22
Portugal
MYR 2730605
63.5%
23
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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.