Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Employees' Provident Fund (EPF)
Social Security Organization (SOCSO) contribution
Employment Insurance System (EIS) contribution
Summary
If you make RM 59,280 a year living in Malaysia, you will be taxed RM 8,359. That means that your net pay will be RM 50,921 per year, or RM 4,243 per month. Your average tax rate is 14.1% and your marginal tax rate is 18.4%. 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 18.40, hence, your net pay will only increase by RM 81.60.
Bonus Example
A RM 1,000 bonus will generate an extra RM 816 of net incomes. A RM 5,000 bonus will generate an extra RM 4,080 of net incomes.
RM 5,000
RM 10,000
RM 15,000
RM 20,000
RM 25,000
RM 30,000
RM 35,000
RM 40,000
RM 45,000
RM 50,000
RM 55,000
RM 60,000
RM 65,000
RM 70,000
RM 75,000
RM 80,000
RM 85,000
RM 90,000
RM 95,000
RM 100,000
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.