Income tax calculator Malaysia
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 13,812,500
Employees' Provident Fund (EPF)
- RM 1,519,511
Social Security Organization (SOCSO) contribution
- RM 19.75
Employment Insurance System (EIS) contribution
- RM 7.90
Tax
- RM 4,136,546
Total tax
- RM 5,656,085
Net pay
*
RM 8,156,415
Marginal tax rate
41.0%
Average tax rate
40.9%
59.1%
Net pay
40.9%
Total tax
Total tax
Net pay
Summary
If you make RM 165,750,000 a year living in Malaysia, you will be taxed RM 67,873,016. That means that your net pay will be RM 97,876,985 per year, or RM 8,156,415 per month. Your average tax rate is 41.0% and your marginal tax rate is 41.0%. 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 41, hence, your net pay will only increase by RM 59.
Bonus Example
A RM 1,000 bonus will generate an extra RM 590 of net incomes. A RM 5,000 bonus will generate an extra RM 2,950 of net incomes.
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
MYR 149144864
10.0%
1
Hong Kong
MYR 137587044
17.0%
2
Singapore
MYR 129322960
22.0%
3
Indonesia
MYR 112063466
32.4%
4
Thailand
MYR 107798594
35.0%
5
Pakistan
MYR 107757306
35.0%
6
Vietnam
MYR 107744773
35.0%
7
Philippines
MYR 102934301
37.9%
8
New Zealand
MYR 101154692
39.0%
9
Taiwan
MYR 99561675
39.9%
10
Malaysia
MYR 97876985
41.0%
11
China
MYR 91288386
44.9%
12
Japan
MYR 89444480
46.0%
13
Australia
MYR 87932658
47.0%
14
South Korea
MYR 86539800
47.8%
15
India
MYR 20039784
87.9%
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.