Income tax calculator Malaysia
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 244,615
Employees' Provident Fund (EPF)
- RM 26,910
Social Security Organization (SOCSO) contribution
- RM 4.56
Employment Insurance System (EIS) contribution
- RM 1.82
Tax
- RM 71,722
Total tax
- RM 98,638
Net pay
*
RM 145,977
Marginal tax rate
41.0%
Average tax rate
40.3%
59.7%
Net pay
40.3%
Total tax
Total tax
Net pay
Summary
If you make RM 12,719,980 a year living in Malaysia, you will be taxed RM 5,129,177. That means that your net pay will be RM 7,590,803 per year, or RM 632,567 per month. Your average tax rate is 40.3% 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 11066383
13.0%
1
Hungary
MYR 10366784
18.5%
2
Ukraine
MYR 10239584
19.5%
3
Czech Republic
MYR 9789703
23.0%
4
Romania
MYR 7441188
41.5%
5
Poland
MYR 7333143
42.4%
6
Greece
MYR 7132299
43.9%
7
Switzerland
MYR 6851128
46.1%
8
Norway
MYR 6753325
46.9%
9
Luxembourg
MYR 6727965
47.1%
10
United Kingdom
MYR 6681238
47.5%
11
Spain
MYR 6667202
47.6%
12
Denmark
MYR 6572544
48.3%
13
Italy
MYR 6487629
49.0%
14
Netherlands
MYR 6464258
49.2%
15
Sweden
MYR 6403494
49.7%
16
Austria
MYR 6394115
49.7%
17
Germany
MYR 6226262
51.1%
18
Ireland
MYR 6171237
51.5%
19
France
MYR 5439471
57.2%
20
Belgium
MYR 4778801
62.4%
21
Finland
MYR 4751348
62.7%
22
Portugal
MYR 4618801
63.7%
23
Show more
North America
Country
Net pay
Average tax
Rank
USA
MYR 6935192
45.5%
1
Canada
MYR 6014643
52.7%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Kazakhstan
MYR 11417846
10.2%
1
Hong Kong
MYR 10572127
16.9%
2
Singapore
MYR 9959545
21.7%
3
Indonesia
MYR 8615174
32.3%
4
Thailand
MYR 8329081
34.5%
5
Pakistan
MYR 8287793
34.8%
6
Vietnam
MYR 8275258
34.9%
7
Philippines
MYR 7928167
37.7%
8
New Zealand
MYR 7806380
38.6%
9
Taiwan
MYR 7743663
39.1%
10
Malaysia
MYR 7590803
40.3%
11
China
MYR 7121875
44.0%
12
Japan
MYR 6972263
45.2%
13
Australia
MYR 6826748
46.3%
14
South Korea
MYR 6767258
46.8%
15
India
MYR 2430591
80.9%
16
Show more
Latin America
Country
Net pay
Average tax
Rank
Guatemala
MYR 11261652
11.5%
1
Brazil
MYR 9224472
27.5%
2
Costa Rica
MYR 8588487
32.5%
3
Panama
MYR 8520052
33.0%
4
Mexico
MYR 8289353
34.8%
5
Argentina
MYR 8267956
35.0%
6
Puerto Rico
MYR 8248665
35.2%
7
Colombia
MYR 7863350
38.2%
8
Uruguay
MYR 7846519
38.3%
9
Peru
MYR 7825902
38.5%
10
Chile
MYR 7740062
39.2%
11
Ecuador
MYR 7316740
42.5%
12
Show more
Africa
Country
Net pay
Average tax
Rank
Angola
MYR 9254552
27.2%
1
Kenya
MYR 8906229
30.0%
2
Ivory Coast
MYR 8673884
31.8%
3
Nigeria
MYR 8652681
32.0%
4
Ghana
MYR 8418682
33.8%
5
Mozambique
MYR 8277778
34.9%
6
Zambia
MYR 7824080
38.5%
7
Cameroon
MYR 7750016
39.1%
8
Morocco
MYR 7718159
39.3%
9
Senegal
MYR 7637052
40.0%
10
South Africa
MYR 7040036
44.7%
11
Uganda
MYR 7011806
44.9%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
Kuwait
MYR 12672991
0.4%
1
Saudi Arabia
MYR 12656201
0.5%
2
Bahrain
MYR 12553229
1.3%
3
United Arab Emirates
MYR 12083981
5.0%
4
Qatar
MYR 12083981
5.0%
5
Oman
MYR 11702382
8.0%
6
Egypt
MYR 9541208
25.0%
7
Lebanon
MYR 9540823
25.0%
8
Turkey
MYR 7409092
41.8%
9
Israel
MYR 6468456
49.2%
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.