Income tax calculator Malaysia

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 2,577
Employees' Provident Fund (EPF)
- RM 283
Social Security Organization (SOCSO) contribution
- RM 0.91
Employment Insurance System (EIS) contribution
- RM 0.36
Tax
- RM 570
Total tax
- RM 855
Net pay
* RM 1,722
Marginal tax rate
37.0%
Average tax rate
33.2%
66.8%
Net pay
33.2%
Total tax
Total tax
Net pay
The Taxberg
RM 1,722
Net pay
RM 339
Tax the employer pays
RM 855
Tax you pay
Total tax paid
RM 1,194
Did you know your employer also pays tax on your salary? It costs the employer RM 339 to pay you RM 2,577. In other words, every time you spend RM 10 of your hard-earned money, RM 4.63 goes to the government.
Real tax rate
40.9%
So, with you and the employer both paying tax, what used to be a 33.2% tax rate now rises to 40.9%, meaning your real tax rate is actually 7.7% higher than what it seemed at first.
People also ask
RM 670,020 yearly is how much per hour?
RM 286 hourly is how much per year?
What is the average salary in Malaysia?
Summary
If you make RM 670,020 a year living in Malaysia, you will be taxed RM 222,311. That means that your net pay will be RM 447,709 per year, or RM 37,309 per month. Your average tax rate is 33.2% 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.
Tax per income
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
North America
Country 
Net pay
Average tax
Rank
USA
MYR 457720
31.7%
1
Canada
MYR 412060
38.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
MYR 572882
14.5%
1
Hong Kong
MYR 570661
14.8%
2
Singapore
MYR 550811
17.8%
3
Taiwan
MYR 510488
23.8%
4
Thailand
MYR 494986
26.1%
5
China
MYR 488937
27.0%
6
Indonesia
MYR 469401
29.9%
7
New Zealand
MYR 455904
32.0%
8
South Korea
MYR 455609
32.0%
9
Pakistan
MYR 455319
32.0%
10
Japan
MYR 450139
32.8%
11
Malaysia
MYR 447709
33.2%
12
Philippines
MYR 446987
33.3%
13
Vietnam
MYR 442784
33.9%
14
Australia
MYR 440269
34.3%
15
India
MYR 361005
46.1%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
MYR 596461
11.0%
1
Costa Rica
MYR 499951
25.4%
2
Chile
MYR 492753
26.5%
3
Colombia
MYR 490911
26.7%
4
Uruguay
MYR 489303
27.0%
5
Brazil
MYR 488251
27.1%
6
Panama
MYR 476704
28.9%
7
Puerto Rico
MYR 456409
31.9%
8
Mexico
MYR 455123
32.1%
9
Peru
MYR 445302
33.5%
10
Ecuador
MYR 442659
33.9%
11
Argentina
MYR 435482
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
MYR 488207
27.1%
1
Kenya
MYR 471257
29.7%
2
Nigeria
MYR 456298
31.9%
3
Ivory Coast
MYR 451895
32.6%
4
Ghana
MYR 447634
33.2%
5
Mozambique
MYR 445304
33.5%
6
Morocco
MYR 416028
37.9%
7
Cameroon
MYR 413398
38.3%
8
Zambia
MYR 413355
38.3%
9
South Africa
MYR 412558
38.4%
10
Senegal
MYR 407076
39.2%
11
Uganda
MYR 384328
42.6%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
MYR 636519
5.0%
1
Qatar
MYR 636519
5.0%
2
Bahrain
MYR 623769
6.9%
3
Kuwait
MYR 623031
7.0%
4
Oman
MYR 616418
8.0%
5
Saudi Arabia
MYR 606241
9.5%
6
Egypt
MYR 503738
24.8%
7
Lebanon
MYR 503353
24.9%
8
Israel
MYR 432903
35.4%
9
Turkey
MYR 391075
41.6%
10
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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.