Income Tax Calculator Malaysia
Find out how much your salary is after tax
Salary rate
Withholding
Salary RM 75,000
Tax - RM 3,360
Employment Insurance - RM 95
EPF - RM 8,283
tax_calculator.withholding_box.social_security_organization_contribution - RM 237
Total tax - RM 11,975
Net pay * RM 63,025
Marginal tax rate 23.7%
Average tax rate 16.0%
16%Total tax
84%
Net payThe Taxberg
RM 63,025
Net pay
RM 10,712
Tax the employer pays
RM 11,975
Tax you pay
Total tax paid
RM 22,687
Did you know your employer also pays tax on your salary? It costs the employer RM 10,712 to pay you RM 75,000. In other words, every time you spend RM 10 of your hard-earned money, RM 3.02 goes to the government.
Real tax rate
26.5%
So, with you and the employer both paying tax, what used to be a 16% tax rate now rises to 26.5%, meaning your real tax rate is actually 10.5% higher than what it seemed at first.
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Summary
If you make RM 75,000 a year living in Malaysia, you will be taxed RM 11,975. That means that your net pay will be RM 63,025 per year, or RM 5,252 per month. Your average tax rate is 16.0% and your marginal tax rate is 23.7%. 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 23.7, hence, your net pay will only increase by RM 76.3.
Bonus ExampleA RM 1,000 bonus will generate an extra RM 763 of net incomes. A RM 5,000 bonus will generate an extra RM 3,815 of net incomes.
NOTE* Withholding is calculated based on the Malaysia tables of MY, 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.