Income tax calculator Malaysia
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 6,578
Employees' Provident Fund (EPF)
- RM 725
Social Security Organization (SOCSO) contribution
- RM 19.75
Employment Insurance System (EIS) contribution
- RM 7.90
Tax
- RM 323
Total tax
- RM 1,076
Net pay
*
RM 5,502
Marginal tax rate
26.2%
Average tax rate
16.4%
83.6%
Net pay
16.4%
Total tax
Total tax
Net pay
The Taxberg
RM 5,502
Net pay
RM 934
Tax the employer pays
RM 1,076
Tax you pay
Total tax paid
RM 2,010
Did you know your employer also pays tax on your salary? It costs the employer RM 934 to pay you RM 6,578. In other words, every time you spend RM 10 of your hard-earned money, RM 3.06 goes to the government.
Real tax rate
26.8%
So, with you and the employer both paying tax, what used to be a 16.4% tax rate now rises to 26.8%, meaning your real tax rate is actually 10.4% higher than what it seemed at first.
Summary
If you make RM 78,936 a year living in Malaysia, you will be taxed RM 12,909. That means that your net pay will be RM 66,027 per year, or RM 5,502 per month. Your average tax rate is 16.4% and your marginal tax rate is 26.2%. 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 26.18, hence, your net pay will only increase by RM 73.82.
Bonus Example
A RM 1,000 bonus will generate an extra RM 738 of net incomes. A RM 5,000 bonus will generate an extra RM 3,691 of net incomes.
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.