Income tax calculator Malaysia

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 23,083
Employees' Provident Fund (EPF)
- RM 2,539
Social Security Organization (SOCSO) contribution
- RM 4.56
Employment Insurance System (EIS) contribution
- RM 1.82
Tax
- RM 5,580
Total tax
- RM 8,125
Net pay
* RM 14,958
Marginal tax rate
38.6%
Average tax rate
35.2%
64.8%
Net pay
35.2%
Total tax
Total tax
Net pay
The Taxberg
RM 14,958
Net pay
RM 3,019
Tax the employer pays
RM 8,125
Tax you pay
Total tax paid
RM 11,144
Did you know your employer also pays tax on your salary? It costs the employer RM 3,019 to pay you RM 23,083. In other words, every time you spend RM 10 of your hard-earned money, RM 4.83 goes to the government.
Real tax rate
42.7%
So, with you and the employer both paying tax, what used to be a 35.2% tax rate now rises to 42.7%, meaning your real tax rate is actually 7.5% higher than what it seemed at first.
People also ask
RM 1,200,316 yearly is how much per hour?
RM 513 hourly is how much per year?
What is the average salary in Malaysia?
Summary
If you make RM 1,200,316 a year living in Malaysia, you will be taxed RM 422,509. That means that your net pay will be RM 777,807 per year, or RM 64,817 per month. Your average tax rate is 35.2% and your marginal tax rate is 38.6%. 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 38.59, hence, your net pay will only increase by RM 61.41.
Bonus Example
A RM 1,000 bonus will generate an extra RM 614 of net incomes. A RM 5,000 bonus will generate an extra RM 3,071 of net incomes.
Tax per income
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
RM 105,000
RM 110,000
RM 115,000
RM 120,000
Europe
Country 
Net pay
Average tax
Rank
Russia
MYR 1044275
13.0%
1
Hungary
MYR 978258
18.5%
2
Ukraine
MYR 966254
19.5%
3
Czech Republic
MYR 919562
23.4%
4
Switzerland
MYR 795262
33.8%
5
United Kingdom
MYR 719812
40.0%
6
Poland
MYR 703058
41.4%
7
Romania
MYR 702185
41.5%
8
Spain
MYR 695253
42.1%
9
Norway
MYR 693981
42.2%
10
Austria
MYR 691300
42.4%
11
Greece
MYR 681287
43.2%
12
Denmark
MYR 671988
44.0%
13
France
MYR 665641
44.5%
14
Netherlands
MYR 646828
46.1%
15
Luxembourg
MYR 643278
46.4%
16
Sweden
MYR 642568
46.5%
17
Ireland
MYR 641798
46.5%
18
Germany
MYR 635418
47.1%
19
Italy
MYR 576904
51.9%
20
Finland
MYR 509808
57.5%
21
Portugal
MYR 482426
59.8%
22
Belgium
MYR 472762
60.6%
23
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North America
Country 
Net pay
Average tax
Rank
USA
MYR 770536
35.8%
1
Canada
MYR 661410
44.9%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
MYR 1050149
12.5%
1
Hong Kong
MYR 1010806
15.8%
2
Singapore
MYR 973703
18.9%
3
Thailand
MYR 841300
29.9%
4
Taiwan
MYR 831865
30.7%
5
Indonesia
MYR 827881
31.0%
6
Pakistan
MYR 800012
33.4%
7
Vietnam
MYR 787476
34.4%
8
China
MYR 786059
34.5%
9
New Zealand
MYR 779385
35.1%
10
Malaysia
MYR 777807
35.2%
11
Philippines
MYR 776376
35.3%
12
Japan
MYR 763448
36.4%
13
South Korea
MYR 751063
37.4%
14
Australia
MYR 721326
39.9%
15
India
MYR 600970
49.9%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
MYR 1065816
11.2%
1
Brazil
MYR 872716
27.3%
2
Costa Rica
MYR 855912
28.7%
3
Uruguay
MYR 849936
29.2%
4
Colombia
MYR 835273
30.4%
5
Panama
MYR 830676
30.8%
6
Chile
MYR 828263
31.0%
7
Mexico
MYR 801571
33.2%
8
Puerto Rico
MYR 801202
33.3%
9
Argentina
MYR 780175
35.0%
10
Peru
MYR 770108
35.8%
11
Ecuador
MYR 745174
37.9%
12
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Africa
Country 
Net pay
Average tax
Rank
Angola
MYR 873997
27.2%
1
Kenya
MYR 842464
29.8%
2
Nigeria
MYR 817005
31.9%
3
Ivory Coast
MYR 813730
32.2%
4
Ghana
MYR 798425
33.5%
5
Mozambique
MYR 789996
34.2%
6
Zambia
MYR 739487
38.4%
7
Morocco
MYR 737381
38.6%
8
Cameroon
MYR 736268
38.7%
9
Senegal
MYR 725254
39.6%
10
South Africa
MYR 704221
41.3%
11
Uganda
MYR 675990
43.7%
12
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
MYR 1153327
3.9%
1
Bahrain
MYR 1148762
4.3%
2
United Arab Emirates
MYR 1140300
5.0%
3
Qatar
MYR 1140300
5.0%
4
Saudi Arabia
MYR 1136537
5.3%
5
Oman
MYR 1104291
8.0%
6
Egypt
MYR 901460
24.9%
7
Lebanon
MYR 901075
24.9%
8
Israel
MYR 708624
41.0%
9
Turkey
MYR 699924
41.7%
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.