Income tax calculator Malaysia
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 1,380,000
Employees' Provident Fund (EPF)
- RM 151,813
Social Security Organization (SOCSO) contribution
- RM 9.88
Employment Insurance System (EIS) contribution
- RM 3.95
Tax
- RM 410,398
Total tax
- RM 562,225
Net pay
*
RM 817,775
Marginal tax rate
41.0%
Average tax rate
40.7%
59.3%
Net pay
40.7%
Total tax
Total tax
Net pay
The Taxberg
RM 817,775
Net pay
RM 179,426
Tax the employer pays
RM 562,225
Tax you pay
Total tax paid
RM 741,651
Did you know your employer also pays tax on your salary? It costs the employer RM 179,426 to pay you RM 1,380,000. In other words, every time you spend RM 10 of your hard-earned money, RM 5.37 goes to the government.
Real tax rate
47.6%
So, with you and the employer both paying tax, what used to be a 40.7% tax rate now rises to 47.6%, meaning your real tax rate is actually 6.9% higher than what it seemed at first.
Summary
If you make RM 33,120,000 a year living in Malaysia, you will be taxed RM 13,493,389. That means that your net pay will be RM 19,626,611 per year, or RM 1,635,551 per month. Your average tax rate is 40.7% 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.
Compare average tax
North America
Country
Net pay
Average tax
Rank
USA
MYR 17808403
46.2%
1
Canada
MYR 15494614
53.2%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
MYR 29777864
10.1%
1
Hong Kong
MYR 27504144
17.0%
2
Singapore
MYR 25871560
21.9%
3
Indonesia
MYR 22405587
32.4%
4
Thailand
MYR 21589094
34.8%
5
Pakistan
MYR 21547806
34.9%
6
Vietnam
MYR 21535271
35.0%
7
Philippines
MYR 20593179
37.8%
8
New Zealand
MYR 20250392
38.9%
9
Taiwan
MYR 19983675
39.7%
10
Malaysia
MYR 19626611
40.7%
11
China
MYR 18341886
44.6%
12
Japan
MYR 17966413
45.8%
13
Australia
MYR 17638758
46.7%
14
South Korea
MYR 17401521
47.5%
15
India
MYR 4778025
85.6%
16
Show more
Latin America
Country
Net pay
Average tax
Rank
Guatemala
MYR 29317322
11.5%
1
Brazil
MYR 24014487
27.5%
2
Costa Rica
MYR 22282000
32.7%
3
Panama
MYR 22137065
33.2%
4
Mexico
MYR 21549366
34.9%
5
Argentina
MYR 21527969
35.0%
6
Puerto Rico
MYR 21437278
35.3%
7
Peru
MYR 20320914
38.6%
8
Colombia
MYR 20306873
38.7%
9
Uruguay
MYR 20236676
38.9%
10
Chile
MYR 19980074
39.7%
11
Ecuador
MYR 18954237
42.8%
12
Show more
Africa
Country
Net pay
Average tax
Rank
Angola
MYR 24095567
27.3%
1
Kenya
MYR 23186243
30.0%
2
Ivory Coast
MYR 22593328
31.8%
3
Nigeria
MYR 22528774
32.0%
4
Ghana
MYR 21913296
33.8%
5
Mozambique
MYR 21537791
35.0%
6
Zambia
MYR 20370093
38.5%
7
Cameroon
MYR 20170568
39.1%
8
Morocco
MYR 20080326
39.4%
9
Senegal
MYR 19877064
40.0%
10
South Africa
MYR 18260047
44.9%
11
Uganda
MYR 18231817
45.0%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
Kuwait
MYR 33073011
0.1%
1
Saudi Arabia
MYR 33056221
0.2%
2
Bahrain
MYR 32749249
1.1%
3
United Arab Emirates
MYR 31464000
5.0%
4
Qatar
MYR 31464000
5.0%
5
Oman
MYR 30470400
8.0%
6
Egypt
MYR 24841223
25.0%
7
Lebanon
MYR 24840838
25.0%
8
Turkey
MYR 19290268
41.8%
9
Israel
MYR 16668466
49.7%
10
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.