Income tax calculator Malaysia
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 84,808
Employees' Provident Fund (EPF)
- RM 9,383
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 4,984
Total tax
- RM 14,698
Net pay
*
RM 70,110
Marginal tax rate
30.5%
Average tax rate
17.3%
82.7%
Net pay
17.3%
Total tax
Total tax
Net pay
The Taxberg
RM 70,110
Net pay
RM 12,012
Tax the employer pays
RM 14,698
Tax you pay
Total tax paid
RM 26,711
Did you know your employer also pays tax on your salary? It costs the employer RM 12,012 to pay you RM 84,808. In other words, every time you spend RM 10 of your hard-earned money, RM 3.15 goes to the government.
Real tax rate
27.6%
So, with you and the employer both paying tax, what used to be a 17.3% tax rate now rises to 27.6%, meaning your real tax rate is actually 10.3% higher than what it seemed at first.
Summary
If you make RM 84,808 a year living in Malaysia, you will be taxed RM 14,698. That means that your net pay will be RM 70,110 per year, or RM 5,842 per month. Your average tax rate is 17.3% and your marginal tax rate is 30.6%. 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 30.55, hence, your net pay will only increase by RM 69.45.
Bonus Example
A RM 1,000 bonus will generate an extra RM 695 of net incomes. A RM 5,000 bonus will generate an extra RM 3,473 of net incomes.
North America
Country
Net pay
Average tax
Rank
USA
MYR 72860
14.1%
1
Canada
MYR 63035
25.7%
2
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.