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 1,205,112 a year living in Malaysia, you will be taxed RM 424,360. That means that your net pay will be RM 780,752 per year, or RM 65,063 per month. Your average tax rate is 35.2% and your marginal tax rate is 38.6%. 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 38.60, hence, your net pay will only increase by RM 61.40.
Bonus Example
A RM 1,000 bonus will generate an extra RM 614 of net incomes. A RM 5,000 bonus will generate an extra RM 3,070 of net incomes.
RM 105,000
RM 110,000
RM 115,000
RM 120,000
RM 125,000
RM 130,000
RM 135,000
RM 140,000
RM 145,000
RM 150,000
RM 155,000
RM 160,000
RM 165,000
RM 170,000
RM 175,000
RM 180,000
RM 185,000
RM 190,000
RM 195,000
RM 200,000
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.