Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 134,976
Employees' Provident Fund (EPF)
- RM 14,897
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 15,975
Total tax
- RM 31,203
Net pay
* RM 103,773
Marginal tax rate
35.6%
Average tax rate
23.1%
76.9%
Net pay
23.1%
Total tax
Total tax
Net pay
The Taxberg
RM 103,773
Net pay
RM 18,529
Tax the employer pays
RM 31,203
Tax you pay
Total tax paid
RM 49,732
Did you know your employer also pays tax on your salary? It costs the employer RM 18,529 to pay you RM 134,976. In other words, every time you spend RM 10 of your hard-earned money, RM 3.68 goes to the government.
Real tax rate
32.4%
So, with you and the employer both paying tax, what used to be a 23.1% tax rate now rises to 32.4%, meaning your real tax rate is actually 9.3% higher than what it seemed at first.
Summary
If you make RM 134,976 a year living in Malaysia, you will be taxed RM 31,203. That means that your net pay will be RM 103,773 per year, or RM 8,648 per month. Your average tax rate is 23.1% 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.
Europe
Country 
Net pay
Average tax
Rank
Switzerland
MYR 119743
11.3%
1
Russia
MYR 117429
13.0%
2
Ireland
MYR 115899
14.1%
3
United Kingdom
MYR 113886
15.6%
4
France
MYR 113219
16.1%
5
Hungary
MYR 110005
18.5%
6
Ukraine
MYR 108656
19.5%
7
Norway
MYR 107710
20.2%
8
Luxembourg
MYR 106858
20.8%
9
Czech Republic
MYR 105613
21.8%
10
Spain
MYR 104933
22.3%
11
Austria
MYR 103631
23.2%
12
Sweden
MYR 96164
28.8%
13
Greece
MYR 95247
29.4%
14
Germany
MYR 93827
30.5%
15
Italy
MYR 92328
31.6%
16
Poland
MYR 91706
32.1%
17
Denmark
MYR 90717
32.8%
18
Finland
MYR 87904
34.9%
19
Netherlands
MYR 84940
37.1%
20
Portugal
MYR 84411
37.5%
21
Romania
MYR 78961
41.5%
22
Belgium
MYR 74813
44.6%
23
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North America
Country 
Net pay
Average tax
Rank
USA
MYR 110402
18.2%
1
Canada
MYR 99748
26.1%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
MYR 126181
6.5%
1
Taiwan
MYR 120314
10.9%
2
Thailand
MYR 117585
12.9%
3
Australia
MYR 116085
14.0%
4
South Korea
MYR 112008
17.0%
5
New Zealand
MYR 111024
17.8%
6
Kazakhstan
MYR 108172
19.9%
7
Indonesia
MYR 106875
20.8%
8
Pakistan
MYR 106131
21.4%
9
Singapore
MYR 106015
21.5%
10
Japan
MYR 104546
22.6%
11
Malaysia
MYR 103773
23.1%
12
Philippines
MYR 100697
25.4%
13
Vietnam
MYR 96850
28.3%
14
China
MYR 90971
32.6%
15
India
MYR 86919
35.6%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
MYR 122034
9.6%
1
Puerto Rico
MYR 118368
12.3%
2
Costa Rica
MYR 117682
12.8%
3
Ecuador
MYR 114072
15.5%
4
Panama
MYR 109420
18.9%
5
Colombia
MYR 109330
19.0%
6
Chile
MYR 107880
20.1%
7
Mexico
MYR 103273
23.5%
8
Peru
MYR 102898
23.8%
9
Brazil
MYR 100344
25.7%
10
Uruguay
MYR 97501
27.8%
11
Argentina
MYR 87704
35.0%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
MYR 104676
22.5%
1
Angola
MYR 98962
26.7%
2
Mozambique
MYR 97525
27.8%
3
Kenya
MYR 96726
28.3%
4
Ghana
MYR 93702
30.6%
5
Ivory Coast
MYR 93020
31.1%
6
Nigeria
MYR 92361
31.6%
7
Morocco
MYR 91798
32.0%
8
Uganda
MYR 89036
34.0%
9
Cameroon
MYR 87636
35.1%
10
Senegal
MYR 86050
36.3%
11
Zambia
MYR 84303
37.5%
12
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
MYR 128227
5.0%
1
Qatar
MYR 128227
5.0%
2
Bahrain
MYR 124178
8.0%
3
Oman
MYR 124178
8.0%
4
Saudi Arabia
MYR 121478
10.0%
5
Kuwait
MYR 120129
11.0%
6
Israel
MYR 112377
16.7%
7
Egypt
MYR 102455
24.1%
8
Lebanon
MYR 102070
24.4%
9
Turkey
MYR 79460
41.1%
10
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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.