Income tax calculator MalaysiaFind out how much your salary is after tax
Salary rate
Withholding
Salary RM 70,000
Tax - RM 2,710
Employment Insurance - RM 95
EPF - RM 7,747
tax_calculator.withholding_box.social_security_organization_contribution - RM 237
Total tax - RM 10,789
Net pay * RM 59,211
Marginal tax rate 23.7%
Average tax rate 15.4%
15.4%Total tax
84.6%
Net payThe Taxberg
RM 59,211
Net pay
RM 10,079
Tax the employer pays
RM 10,789
Tax you pay
Total tax paid
RM 20,868
Did you know your employer also pays tax on your salary? It costs the employer RM 10,079 to pay you RM 70,000. In other words, every time you spend RM 10 of your hard-earned money, RM 2.98 goes to the government.
Real tax rate
26.1%
So, with you and the employer both paying tax, what used to be a 15.4% tax rate now rises to 26.1%, meaning your real tax rate is actually 10.7% higher than what it seemed at first.
People also askRM 70,000 yearly is how much per hour?RM 30 hourly is how much per year?Quel est le salaire moyen en Malaysia ?
Summary
Si vous gagnez un salaire brut de RM 70,000 par an en Malaysia, vous serez imposé de RM 10,789. Cela signifie que votre salaire net sera de RM 59,211 par an, ou RM 4,934 par mois. Votre taux d'imposition moyen est 15.4% et votre taux d'imposition marginal est 23.7%. Ce taux d'imposition marginal signifie que votre revenu supplémentaire immédiat sera imposé à ce taux. Par exemple, une augmentation de RM 100 à votre salaire sera imposé de RM 23.7, par conséquent, votre salaire net augmentera seulement de RM 76.3.
Bonus ExampleA RM 1,000 bonus will generate an extra RM 763 of net incomes. A RM 5,000 bonus will generate an extra RM 3,815 of net incomes.
| Country | Net pay | Average tax | Rank |
|---|---|---|---|
| Ireland | MYR 85 820 | 0.0% | 1 |
| United Kingdom | MYR 69 793 | 0.3% | 2 |
| Switzerland | MYR 65 051 | 7.1% | 3 |
| Denmark | MYR 46 821 | 33.1% | 21 |
| Netherlands | MYR 44 048 | 37.1% | 22 |
| Romania | MYR 39 375 | 43.8% | 23 |
| Country | Net pay | Average tax | Rank |
|---|---|---|---|
| Hong Kong | MYR 66 474 | 5.0% | 1 |
| Australia | MYR 65 748 | 6.1% | 2 |
| Thailand | MYR 64 582 | 7.7% | 3 |
| Vietnam | MYR 53 356 | 23.8% | 14 |
| India | MYR 49 693 | 29.0% | 15 |
| China | MYR 49 474 | 29.3% | 16 |
| Country | Net pay | Average tax | Rank |
|---|---|---|---|
| United States of America | MYR 61 230 | 12.5% | 1 |
| Canada | MYR 52 503 | 25.0% | 2 |
| Country | Net pay | Average tax | Rank |
|---|---|---|---|
| Puerto Rico | MYR 63 411 | 9.4% | 1 |
| Guatemala | MYR 63 288 | 9.6% | 2 |
| Costa Rica | MYR 62 650 | 10.5% | 3 |
| Peru | MYR 54 314 | 22.4% | 10 |
| Brazil | MYR 53 211 | 24.0% | 11 |
| Argentina | MYR 45 473 | 35.0% | 12 |
| Country | Net pay | Average tax | Rank |
|---|---|---|---|
| South Africa | MYR 59 477 | 15.0% | 1 |
| Mozambique | MYR 52 781 | 24.6% | 2 |
| Morocco | MYR 52 161 | 25.5% | 3 |
| Uganda | MYR 46 775 | 33.2% | 10 |
| Senegal | MYR 46 416 | 33.7% | 11 |
| Zambia | MYR 44 356 | 36.6% | 12 |
| Country | Net pay | Average tax | Rank |
|---|---|---|---|
| Qatar | MYR 66 499 | 5.0% | 1 |
| Bahrain | MYR 64 387 | 8.0% | 2 |
| Oman | MYR 64 396 | 8.0% | 3 |
| Egypt | MYR 53 663 | 23.3% | 8 |
| Lebanon | MYR 53 320 | 23.8% | 9 |
| Turkey | MYR 40 095 | 42.7% | 10 |
NOTE* Withholding is calculated based on the Malaysia tables of MY, 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.