Income tax calculator Malaysia

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 8,550,000
Employees' Provident Fund (EPF)
- RM 940,562
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 2,478,550
Total tax
- RM 3,419,444
Net pay
* RM 5,130,557
Marginal tax rate
41.0%
Average tax rate
40.0%
60.0%
Net pay
40.0%
Total tax
Total tax
Net pay
People also ask
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Summary
If you make RM 8,550,000 a year living in Malaysia, you will be taxed RM 3,419,444. That means that your net pay will be RM 5,130,557 per year, or RM 427,546 per month. Your average tax rate is 40.0% 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 7438500
13.0%
1
Hungary
MYR 6968250
18.5%
2
Ukraine
MYR 6882750
19.5%
3
Czech Republic
MYR 6578818
23.1%
4
Romania
MYR 5001750
41.5%
5
Poland
MYR 4933132
42.3%
6
Greece
MYR 4797110
43.9%
7
Switzerland
MYR 4644667
45.7%
8
Norway
MYR 4559915
46.7%
9
Luxembourg
MYR 4525381
47.1%
10
United Kingdom
MYR 4523273
47.1%
11
Spain
MYR 4507152
47.3%
12
Denmark
MYR 4436614
48.1%
13
Netherlands
MYR 4358418
49.0%
14
Austria
MYR 4353804
49.1%
15
Sweden
MYR 4318111
49.5%
16
Italy
MYR 4212070
50.7%
17
Germany
MYR 4204864
50.8%
18
Ireland
MYR 4169646
51.2%
19
France
MYR 3717269
56.5%
20
Belgium
MYR 3220066
62.3%
21
Finland
MYR 3215962
62.4%
22
Portugal
MYR 3117609
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.