Income tax calculator Malaysia

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 731
Employees' Provident Fund (EPF)
- RM 80.41
Social Security Organization (SOCSO) contribution
- RM 0.10
Employment Insurance System (EIS) contribution
- RM 0.04
Tax
- RM 185
Total tax
- RM 265
Net pay
* RM 466
Marginal tax rate
39.0%
Average tax rate
36.3%
63.7%
Net pay
36.3%
Total tax
Total tax
Net pay
The Taxberg
RM 466
Net pay
RM 95.43
Tax the employer pays
RM 265
Tax you pay
Total tax paid
RM 361
Did you know your employer also pays tax on your salary? It costs the employer RM 95.43 to pay you RM 731. In other words, every time you spend RM 10 of your hard-earned money, RM 4.94 goes to the government.
Real tax rate
43.7%
So, with you and the employer both paying tax, what used to be a 36.3% tax rate now rises to 43.7%, meaning your real tax rate is actually 7.4% higher than what it seemed at first.
People also ask
RM 1,710,540 yearly is how much per hour?
RM 731 hourly is how much per year?
What is the average salary in Malaysia?
Summary
If you make RM 1,710,540 a year living in Malaysia, you will be taxed RM 621,259. That means that your net pay will be RM 1,089,281 per year, or RM 90,773 per month. Your average tax rate is 36.3% and your marginal tax rate is 39.0%. 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 39, hence, your net pay will only increase by RM 61.
Bonus Example
A RM 1,000 bonus will generate an extra RM 610 of net incomes. A RM 5,000 bonus will generate an extra RM 3,050 of net incomes.
Compare average tax
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 1052312
38.5%
1
Canada
MYR 898513
47.5%
2
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
MYR 1517406
11.3%
1
Brazil
MYR 1242628
27.4%
2
Costa Rica
MYR 1198400
29.9%
3
Panama
MYR 1171251
31.5%
4
Uruguay
MYR 1159826
32.2%
5
Colombia
MYR 1147848
32.9%
6
Chile
MYR 1134398
33.7%
7
Mexico
MYR 1133217
33.8%
8
Puerto Rico
MYR 1131062
33.9%
9
Argentina
MYR 1111820
35.0%
10
Peru
MYR 1082620
36.7%
11
Ecuador
MYR 1036239
39.4%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
MYR 1245185
27.2%
1
Kenya
MYR 1199621
29.9%
2
Nigeria
MYR 1164060
32.0%
3
Ivory Coast
MYR 1161868
32.1%
4
Ghana
MYR 1135938
33.6%
5
Mozambique
MYR 1121642
34.4%
6
Zambia
MYR 1053275
38.4%
7
Cameroon
MYR 1046918
38.8%
8
Morocco
MYR 1046570
38.8%
9
Senegal
MYR 1031388
39.7%
10
South Africa
MYR 984844
42.4%
11
Uganda
MYR 956614
44.1%
12
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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.