Income tax calculator Malaysia
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 23,331
Employees' Provident Fund (EPF)
- RM 2,567
Social Security Organization (SOCSO) contribution
- RM 19.75
Employment Insurance System (EIS) contribution
- RM 7.90
Tax
- RM 4,238
Total tax
- RM 6,833
Net pay
*
RM 16,498
Marginal tax rate
35.5%
Average tax rate
29.3%
70.7%
Net pay
29.3%
Total tax
Total tax
Net pay
The Taxberg
RM 16,498
Net pay
RM 3,111
Tax the employer pays
RM 6,833
Tax you pay
Total tax paid
RM 9,943
Did you know your employer also pays tax on your salary? It costs the employer RM 3,111 to pay you RM 23,331. In other words, every time you spend RM 10 of your hard-earned money, RM 4.26 goes to the government.
Real tax rate
37.6%
So, with you and the employer both paying tax, what used to be a 29.3% tax rate now rises to 37.6%, meaning your real tax rate is actually 8.3% higher than what it seemed at first.
Summary
If you make RM 279,972 a year living in Malaysia, you will be taxed RM 81,991. That means that your net pay will be RM 197,981 per year, or RM 16,498 per month. Your average tax rate is 29.3% and your marginal tax rate is 35.5%. 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 35.50, hence, your net pay will only increase by RM 64.50.
Bonus Example
A RM 1,000 bonus will generate an extra RM 645 of net incomes. A RM 5,000 bonus will generate an extra RM 3,225 of net incomes.
Europe
Country
Net pay
Average tax
Rank
Russia
MYR 243576
13.0%
1
Switzerland
MYR 230501
17.7%
2
Hungary
MYR 228177
18.5%
3
Ukraine
MYR 225377
19.5%
4
Czech Republic
MYR 212910
24.0%
5
United Kingdom
MYR 210670
24.8%
6
France
MYR 205878
26.5%
7
Norway
MYR 201381
28.1%
8
Ireland
MYR 198276
29.2%
9
Spain
MYR 195473
30.2%
10
Denmark
MYR 187391
33.1%
11
Austria
MYR 182313
34.9%
12
Sweden
MYR 182306
34.9%
13
Luxembourg
MYR 181178
35.3%
14
Netherlands
MYR 176187
37.1%
15
Poland
MYR 173359
38.1%
16
Greece
MYR 172835
38.3%
17
Germany
MYR 168076
40.0%
18
Romania
MYR 163784
41.5%
19
Finland
MYR 159850
42.9%
20
Italy
MYR 157780
43.6%
21
Portugal
MYR 151355
45.9%
22
Belgium
MYR 129030
53.9%
23
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North America
Country
Net pay
Average tax
Rank
USA
MYR 213968
23.6%
1
Canada
MYR 198070
29.3%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Hong Kong
MYR 246921
11.8%
1
Taiwan
MYR 237034
15.3%
2
Kazakhstan
MYR 225618
19.4%
3
Thailand
MYR 225141
19.6%
4
South Korea
MYR 219461
21.6%
5
Singapore
MYR 219429
21.6%
6
Australia
MYR 211057
24.6%
7
New Zealand
MYR 207646
25.8%
8
Japan
MYR 206016
26.4%
9
Indonesia
MYR 205729
26.5%
10
Pakistan
MYR 201788
27.9%
11
China
MYR 198926
29.0%
12
Malaysia
MYR 197981
29.3%
13
Philippines
MYR 195689
30.1%
14
Vietnam
MYR 189253
32.4%
15
India
MYR 162111
42.1%
16
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Latin America
Country
Net pay
Average tax
Rank
Guatemala
MYR 251237
10.3%
1
Chile
MYR 230732
17.6%
2
Costa Rica
MYR 227587
18.7%
3
Puerto Rico
MYR 223139
20.3%
4
Panama
MYR 216347
22.7%
5
Ecuador
MYR 215352
23.1%
6
Peru
MYR 206239
26.3%
7
Colombia
MYR 205790
26.5%
8
Brazil
MYR 205466
26.6%
9
Uruguay
MYR 204100
27.1%
10
Mexico
MYR 199318
28.8%
11
Argentina
MYR 181951
35.0%
12
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Africa
Country
Net pay
Average tax
Rank
Angola
MYR 204447
27.0%
1
Kenya
MYR 198223
29.2%
2
South Africa
MYR 192218
31.3%
3
Mozambique
MYR 191772
31.5%
4
Nigeria
MYR 190987
31.8%
5
Ghana
MYR 189617
32.3%
6
Ivory Coast
MYR 185756
33.7%
7
Morocco
MYR 179663
35.8%
8
Cameroon
MYR 175917
37.2%
9
Zambia
MYR 173476
38.0%
10
Senegal
MYR 173047
38.2%
11
Uganda
MYR 169801
39.4%
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.