Income tax calculator Malaysia

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
RM 700,024
Employees' Provident Fund (EPF)
- RM 77,004
Social Security Organization (SOCSO) contribution
- RM 237
Employment Insurance System (EIS) contribution
- RM 94.80
Tax
- RM 156,077
Total tax
- RM 233,413
Net pay
* RM 466,611
Marginal tax rate
37.0%
Average tax rate
33.3%
66.7%
Net pay
33.3%
Total tax
Total tax
Net pay
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Summary
If you make RM 700,024 a year living in Malaysia, you will be taxed RM 233,413. That means that your net pay will be RM 466,611 per year, or RM 38,884 per month. Your average tax rate is 33.3% and your marginal tax rate is 37.0%. 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 37.01, hence, your net pay will only increase by RM 62.99.
Bonus Example
A RM 1,000 bonus will generate an extra RM 630 of net incomes. A RM 5,000 bonus will generate an extra RM 3,150 of net incomes.
Tax per income
RM 705,000
RM 710,000
RM 715,000
RM 720,000
RM 725,000
RM 730,000
RM 735,000
RM 740,000
RM 745,000
RM 750,000
RM 755,000
RM 760,000
RM 765,000
RM 770,000
RM 775,000
RM 780,000
RM 785,000
RM 790,000
RM 795,000
RM 800,000
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.