Income tax calculator Malaysia

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 10,080,000
Employees' Provident Fund (EPF)
- RM 1,108,877
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 2,937,550
Total tax
- RM 4,046,759
Net pay
* RM 6,033,241
Marginal tax rate
41.0%
Average tax rate
40.1%
59.9%
Net pay
40.1%
Total tax
Total tax
Net pay
The Taxberg
RM 6,033,241
Net pay
RM 1,311,259
Tax the employer pays
RM 4,046,759
Tax you pay
Total tax paid
RM 5,358,017
Did you know your employer also pays tax on your salary? It costs the employer RM 1,311,259 to pay you RM 10,080,000. In other words, every time you spend RM 10 of your hard-earned money, RM 5.32 goes to the government.
Real tax rate
47.0%
So, with you and the employer both paying tax, what used to be a 40.1% tax rate now rises to 47.0%, meaning your real tax rate is actually 6.9% higher than what it seemed at first.
People also ask
RM 10,080,000 yearly is how much per hour?
RM 4,308 hourly is how much per year?
What is the average salary in Malaysia?
Summary
If you make RM 10,080,000 a year living in Malaysia, you will be taxed RM 4,046,759. That means that your net pay will be RM 6,033,241 per year, or RM 502,770 per month. Your average tax rate is 40.2% 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 1,905,000
RM 1,910,000
RM 1,915,000
RM 1,920,000
RM 1,925,000
RM 1,930,000
RM 1,935,000
RM 1,940,000
RM 1,945,000
RM 1,950,000
RM 1,955,000
RM 1,960,000
RM 1,965,000
RM 1,970,000
RM 1,975,000
RM 1,980,000
RM 1,985,000
RM 1,990,000
RM 1,995,000
RM 2,000,000
North America
Country 
Net pay
Average tax
Rank
USA
MYR 5528083
45.2%
1
Canada
MYR 4787834
52.5%
2
Africa
Country 
Net pay
Average tax
Rank
Angola
MYR 7333967
27.2%
1
Kenya
MYR 7058243
30.0%
2
Ivory Coast
MYR 6872560
31.8%
3
Nigeria
MYR 6856966
32.0%
4
Ghana
MYR 6672336
33.8%
5
Mozambique
MYR 6561791
34.9%
6
Zambia
MYR 6200493
38.5%
7
Cameroon
MYR 6142664
39.1%
8
Morocco
MYR 6118363
39.3%
9
Senegal
MYR 6053064
40.0%
10
South Africa
MYR 5588047
44.6%
11
Uganda
MYR 5559817
44.8%
12
Show more
Middle East
Country 
Net pay
Average tax
Rank
Kuwait
MYR 10033011
0.5%
1
Saudi Arabia
MYR 10016221
0.6%
2
Bahrain
MYR 9939649
1.4%
3
United Arab Emirates
MYR 9576000
5.0%
4
Qatar
MYR 9576000
5.0%
5
Oman
MYR 9273600
8.0%
6
Egypt
MYR 7561223
25.0%
7
Lebanon
MYR 7560838
25.0%
8
Turkey
MYR 5871541
41.8%
9
Israel
MYR 5148466
48.9%
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.