Income tax calculator Malaysia
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 131,544
Employees' Provident Fund (EPF)
- RM 14,500
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 15,151
Total tax
- RM 29,983
Net pay
*
RM 101,561
Marginal tax rate
35.5%
Average tax rate
22.8%
77.2%
Net pay
22.8%
Total tax
Total tax
Net pay
The Taxberg
RM 101,561
Net pay
RM 18,060
Tax the employer pays
RM 29,983
Tax you pay
Total tax paid
RM 48,043
Did you know your employer also pays tax on your salary? It costs the employer RM 18,060 to pay you RM 131,544. In other words, every time you spend RM 10 of your hard-earned money, RM 3.65 goes to the government.
Real tax rate
32.1%
So, with you and the employer both paying tax, what used to be a 22.8% tax rate now rises to 32.1%, meaning your real tax rate is actually 9.3% higher than what it seemed at first.
Summary
If you make RM 131,544 a year living in Malaysia, you will be taxed RM 29,983. That means that your net pay will be RM 101,561 per year, or RM 8,463 per month. Your average tax rate is 22.8% and your marginal tax rate is 35.6%. 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 35.55, hence, your net pay will only increase by RM 64.45.
Bonus Example
A RM 1,000 bonus will generate an extra RM 645 of net incomes. A RM 5,000 bonus will generate an extra RM 3,223 of net incomes.
North America
Country
Net pay
Average tax
Rank
USA
MYR 107863
18.0%
1
Canada
MYR 97203
26.1%
2
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.