Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 2,500
Employees' Provident Fund (EPF)
- RM 275
Social Security Organization (SOCSO) contribution
- RM 0.91
Employment Insurance System (EIS) contribution
- RM 0.36
Tax
- RM 550
Total tax
- RM 827
Net pay
* RM 1,673
Marginal tax rate
37.0%
Average tax rate
33.1%
66.9%
Net pay
33.1%
Total tax
Total tax
Net pay
Summary
If you make RM 650,000 a year living in Malaysia, you will be taxed RM 214,903. That means that your net pay will be RM 435,097 per year, or RM 36,258 per month. Your average tax rate is 33.1% and your marginal tax rate is 37.0%. 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 37, hence, your net pay will only increase by RM 63.
Bonus Example
A RM 1,000 bonus will generate an extra RM 630 of net incomes. A RM 5,000 bonus will generate an extra RM 3,150 of net incomes.
Europe
Country 
Net pay
Average tax
Rank
Russia
MYR 565500
13.0%
1
Hungary
MYR 529750
18.5%
2
Ukraine
MYR 523250
19.5%
3
Czech Republic
MYR 495818
23.7%
4
Switzerland
MYR 479729
26.2%
5
United Kingdom
MYR 421275
35.2%
6
France
MYR 412564
36.5%
7
Norway
MYR 402900
38.0%
8
Spain
MYR 399183
38.6%
9
Austria
MYR 390886
39.9%
10
Denmark
MYR 390107
40.0%
11
Poland
MYR 386327
40.6%
12
Romania
MYR 380250
41.5%
13
Ireland
MYR 377646
41.9%
14
Greece
MYR 373110
42.6%
15
Netherlands
MYR 368918
43.2%
16
Sweden
MYR 367357
43.5%
17
Germany
MYR 350551
46.1%
18
Luxembourg
MYR 349305
46.3%
19
Italy
MYR 327171
49.7%
20
Finland
MYR 307182
52.7%
21
Portugal
MYR 289859
55.4%
22
Belgium
MYR 267054
58.9%
23
Show more
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
MYR 554864
14.6%
1
Hong Kong
MYR 554044
14.8%
2
Singapore
MYR 534492
17.8%
3
Taiwan
MYR 498204
23.4%
4
Thailand
MYR 481828
25.9%
5
China
MYR 477527
26.5%
6
Indonesia
MYR 455868
29.9%
7
South Korea
MYR 444352
31.6%
8
New Zealand
MYR 443692
31.7%
9
Pakistan
MYR 442306
32.0%
10
Japan
MYR 437812
32.6%
11
Malaysia
MYR 435097
33.1%
12
Philippines
MYR 434538
33.2%
13
Vietnam
MYR 429771
33.9%
14
Australia
MYR 429658
33.9%
15
India
MYR 350570
46.1%
16
Show more
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.