Income tax calculator Malaysia
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 1,565,010
Employees' Provident Fund (EPF)
- RM 172,166
Social Security Organization (SOCSO) contribution
- RM 4.56
Employment Insurance System (EIS) contribution
- RM 1.82
Tax
- RM 467,841
Total tax
- RM 640,013
Net pay
*
RM 924,997
Marginal tax rate
41.0%
Average tax rate
40.9%
59.1%
Net pay
40.9%
Total tax
Total tax
Net pay
Summary
If you make RM 81,380,520 a year living in Malaysia, you will be taxed RM 33,280,685. That means that your net pay will be RM 48,099,835 per year, or RM 4,008,320 per month. Your average tax rate is 40.9% 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.
Europe
Country
Net pay
Average tax
Rank
Russia
MYR 70801052
13.0%
1
Hungary
MYR 66325124
18.5%
2
Ukraine
MYR 65511319
19.5%
3
Czech Republic
MYR 62658319
23.0%
4
Romania
MYR 47607604
41.5%
5
Poland
MYR 46850374
42.4%
6
Greece
MYR 45582202
44.0%
7
Italy
MYR 43955685
46.0%
8
Switzerland
MYR 43181480
46.9%
9
Luxembourg
MYR 42994462
47.2%
10
Norway
MYR 42868769
47.3%
11
Spain
MYR 42233361
48.1%
12
United Kingdom
MYR 42213067
48.1%
13
Denmark
MYR 41741571
48.7%
14
Netherlands
MYR 41137831
49.5%
15
Sweden
MYR 40740238
49.9%
16
Austria
MYR 39988729
50.9%
17
Germany
MYR 39509459
51.5%
18
Ireland
MYR 39128296
51.9%
19
France
MYR 33796274
58.5%
20
Belgium
MYR 30444042
62.6%
21
Finland
MYR 30032159
63.1%
22
Portugal
MYR 29336596
64.0%
23
Show more
North America
Country
Net pay
Average tax
Rank
USA
MYR 43531260
46.5%
1
Canada
MYR 37921471
53.4%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
MYR 73212332
10.0%
1
Hong Kong
MYR 67560376
17.0%
2
Singapore
MYR 63514766
22.0%
3
Indonesia
MYR 55029699
32.4%
4
Thailand
MYR 52958432
34.9%
5
Pakistan
MYR 52917144
35.0%
6
Vietnam
MYR 52904610
35.0%
7
Philippines
MYR 50554918
37.9%
8
New Zealand
MYR 49689309
38.9%
9
Taiwan
MYR 48939987
39.9%
10
Malaysia
MYR 48099835
40.9%
11
China
MYR 44885172
44.9%
12
Japan
MYR 43975375
46.0%
13
Australia
MYR 43216834
46.9%
14
South Korea
MYR 42559097
47.7%
15
India
MYR 10331372
87.3%
16
Show more
Latin America
Country
Net pay
Average tax
Rank
Guatemala
MYR 72031791
11.5%
1
Brazil
MYR 59003364
27.5%
2
Costa Rica
MYR 54676874
32.8%
3
Panama
MYR 54350962
33.2%
4
Mexico
MYR 52918704
35.0%
5
Argentina
MYR 52897307
35.0%
6
Puerto Rico
MYR 52637704
35.3%
7
Peru
MYR 49880483
38.7%
8
Colombia
MYR 49744633
38.9%
9
Uruguay
MYR 49548185
39.1%
10
Chile
MYR 48936386
39.9%
11
Ecuador
MYR 46485175
42.9%
12
Show more
Africa
Country
Net pay
Average tax
Rank
Angola
MYR 59205095
27.3%
1
Kenya
MYR 56968607
30.0%
2
Ivory Coast
MYR 55522687
31.8%
3
Nigeria
MYR 55355580
32.0%
4
Ghana
MYR 53837630
33.8%
5
Mozambique
MYR 52907129
35.0%
6
Zambia
MYR 50050313
38.5%
7
Cameroon
MYR 49553986
39.1%
8
Morocco
MYR 49325622
39.4%
9
Senegal
MYR 48833376
40.0%
10
South Africa
MYR 44803333
45.0%
11
Uganda
MYR 44775103
45.0%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
Kuwait
MYR 81333531
0.1%
1
Saudi Arabia
MYR 81316741
0.1%
2
Bahrain
MYR 80527164
1.1%
3
United Arab Emirates
MYR 77311494
5.0%
4
Qatar
MYR 77311494
5.0%
5
Oman
MYR 74870078
8.0%
6
Egypt
MYR 61036613
25.0%
7
Lebanon
MYR 61036228
25.0%
8
Turkey
MYR 47397677
41.8%
9
Israel
MYR 40798726
49.9%
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.