Income tax calculator Malaysia

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 623,075
Employees' Provident Fund (EPF)
- RM 68,544
Social Security Organization (SOCSO) contribution
- RM 4.56
Employment Insurance System (EIS) contribution
- RM 1.82
Tax
- RM 185,260
Total tax
- RM 253,810
Net pay
* RM 369,265
Marginal tax rate
41.0%
Average tax rate
40.7%
59.3%
Net pay
40.7%
Total tax
Total tax
Net pay
People also ask
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Summary
If you make RM 32,399,900 a year living in Malaysia, you will be taxed RM 13,198,141. That means that your net pay will be RM 19,201,759 per year, or RM 1,600,147 per month. Your average tax rate is 40.7% 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 625,000
RM 630,000
RM 635,000
RM 640,000
RM 645,000
RM 650,000
RM 655,000
RM 660,000
RM 665,000
RM 670,000
RM 675,000
RM 680,000
RM 685,000
RM 690,000
RM 695,000
RM 700,000
RM 705,000
RM 710,000
RM 715,000
RM 720,000
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.