Income tax calculator Malaysia
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 92,084
Employees' Provident Fund (EPF)
- RM 10,223
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 6,366
Total tax
- RM 16,921
Net pay
*
RM 75,163
Marginal tax rate
30.5%
Average tax rate
18.4%
81.6%
Net pay
18.4%
Total tax
Total tax
Net pay
The Taxberg
RM 75,163
Net pay
RM 13,005
Tax the employer pays
RM 16,921
Tax you pay
Total tax paid
RM 29,927
Did you know your employer also pays tax on your salary? It costs the employer RM 13,005 to pay you RM 92,084. In other words, every time you spend RM 10 of your hard-earned money, RM 3.25 goes to the government.
Real tax rate
28.5%
So, with you and the employer both paying tax, what used to be a 18.4% tax rate now rises to 28.5%, meaning your real tax rate is actually 10.1% higher than what it seemed at first.
Summary
If you make RM 92,084 a year living in Malaysia, you will be taxed RM 16,921. That means that your net pay will be RM 75,163 per year, or RM 6,264 per month. Your average tax rate is 18.4% 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.
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.