Income tax calculator Malaysia

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 2,503
Employees' Provident Fund (EPF)
- RM 275
Social Security Organization (SOCSO) contribution
- RM 9.88
Employment Insurance System (EIS) contribution
- RM 3.95
Tax
- RM 65.24
Total tax
- RM 354
Net pay
* RM 2,149
Marginal tax rate
21.2%
Average tax rate
14.2%
85.8%
Net pay
14.2%
Total tax
Total tax
Net pay
The Taxberg
RM 2,149
Net pay
RM 364
Tax the employer pays
RM 354
Tax you pay
Total tax paid
RM 718
Did you know your employer also pays tax on your salary? It costs the employer RM 364 to pay you RM 2,503. In other words, every time you spend RM 10 of your hard-earned money, RM 2.87 goes to the government.
Real tax rate
25.1%
So, with you and the employer both paying tax, what used to be a 14.2% tax rate now rises to 25.1%, meaning your real tax rate is actually 10.9% higher than what it seemed at first.
People also ask
RM 60,072 yearly is how much per hour?
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Summary
If you make RM 60,072 a year living in Malaysia, you will be taxed RM 8,507. That means that your net pay will be RM 51,565 per year, or RM 4,297 per month. Your average tax rate is 14.2% and your marginal tax rate is 21.2%. 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 21.20, hence, your net pay will only increase by RM 78.80.
Bonus Example
A RM 1,000 bonus will generate an extra RM 788 of net incomes. A RM 5,000 bonus will generate an extra RM 3,940 of net incomes.
Tax per income
RM 5,000
RM 10,000
RM 15,000
RM 20,000
RM 25,000
RM 30,000
RM 35,000
RM 40,000
RM 45,000
RM 50,000
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
North America
Country 
Net pay
Average tax
Rank
USA
MYR 53680
10.6%
1
Canada
MYR 45652
24.0%
2
Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
MYR 57068
5.0%
1
Qatar
MYR 57068
5.0%
2
Bahrain
MYR 55266
8.0%
3
Oman
MYR 55266
8.0%
4
Saudi Arabia
MYR 54065
10.0%
5
Kuwait
MYR 53464
11.0%
6
Israel
MYR 52173
13.2%
7
Egypt
MYR 46277
23.0%
8
Lebanon
MYR 45892
23.6%
9
Turkey
MYR 33161
44.8%
10
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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.