Income tax calculator Malaysia

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 296,685
Employees' Provident Fund (EPF)
- RM 32,638
Social Security Organization (SOCSO) contribution
- RM 4.56
Employment Insurance System (EIS) contribution
- RM 1.82
Tax
- RM 87,343
Total tax
- RM 119,987
Net pay
* RM 176,698
Marginal tax rate
41.0%
Average tax rate
40.4%
59.6%
Net pay
40.4%
Total tax
Total tax
Net pay
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Summary
If you make RM 15,427,620 a year living in Malaysia, you will be taxed RM 6,239,336. That means that your net pay will be RM 9,188,284 per year, or RM 765,690 per month. Your average tax rate is 40.4% 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.
Tax per income
RM 295,000
RM 300,000
RM 305,000
RM 310,000
RM 315,000
RM 320,000
RM 325,000
RM 330,000
RM 335,000
RM 340,000
RM 345,000
RM 350,000
RM 355,000
RM 360,000
RM 365,000
RM 370,000
RM 375,000
RM 380,000
RM 385,000
RM 390,000
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.