Income tax calculator Malaysia

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 50,000
Employees' Provident Fund (EPF)
- RM 5,500
Social Security Organization (SOCSO) contribution
- RM 19.75
Employment Insurance System (EIS) contribution
- RM 7.90
Tax
- RM 10,850
Total tax
- RM 16,378
Net pay
* RM 33,622
Marginal tax rate
36.6%
Average tax rate
32.8%
67.2%
Net pay
32.8%
Total tax
Total tax
Net pay
People also ask
RM 600,000 yearly is how much per hour?
RM 256 hourly is how much per year?
What is the average salary in Malaysia?
Summary
If you make RM 600,000 a year living in Malaysia, you will be taxed RM 196,532. That means that your net pay will be RM 403,468 per year, or RM 33,622 per month. Your average tax rate is 32.8% and your marginal tax rate is 36.6%. 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 36.57, hence, your net pay will only increase by RM 63.43.
Bonus Example
A RM 1,000 bonus will generate an extra RM 634 of net incomes. A RM 5,000 bonus will generate an extra RM 3,172 of net incomes.
Tax per income
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
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
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.