Income tax calculator Malaysia

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 608,400,000
Employees' Provident Fund (EPF)
- RM 66,930,060
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 182,433,550
Total tax
- RM 249,363,942
Net pay
* RM 359,036,058
Marginal tax rate
41.0%
Average tax rate
41.0%
59.0%
Net pay
41.0%
Total tax
Total tax
Net pay
People also ask
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Summary
If you make RM 608,400,000 a year living in Malaysia, you will be taxed RM 249,363,942. That means that your net pay will be RM 359,036,058 per year, or RM 29,919,672 per month. Your average tax rate is 41.0% 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
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
MYR 547529864
10.0%
1
Hong Kong
MYR 504986544
17.0%
2
Singapore
MYR 474589960
22.0%
3
Indonesia
MYR 411294863
32.4%
4
Thailand
MYR 395521094
35.0%
5
Vietnam
MYR 395467277
35.0%
6
Pakistan
MYR 395479806
35.0%
7
Philippines
MYR 377746165
37.9%
8
New Zealand
MYR 371171192
39.0%
9
Taiwan
MYR 365151675
40.0%
10
Malaysia
MYR 359036058
41.0%
11
China
MYR 334745886
45.0%
12
Japan
MYR 328001114
46.1%
13
Australia
MYR 322537158
47.0%
14
South Korea
MYR 317287438
47.9%
15
India
MYR 70975603
88.3%
16
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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.