Income tax calculator MalaysiaFind out how much your salary is after tax
Salary rate
Withholding
Salary RM 70,000
Tax - RM 2,710
Employment Insurance - RM 95
EPF - RM 7,747
tax_calculator.withholding_box.social_security_organization_contribution - RM 237
Total tax - RM 10,789
Net pay * RM 59,211
Marginal tax rate 23.7%
Average tax rate 15.4%
15.4%Total tax
84.6%
Net payThe Taxberg
RM 59,211
Net pay
RM 10,079
Tax the employer pays
RM 10,789
Tax you pay
Total tax paid
RM 20,868
Did you know your employer also pays tax on your salary? It costs the employer RM 10,079 to pay you RM 70,000. In other words, every time you spend RM 10 of your hard-earned money, RM 2.98 goes to the government.
Real tax rate
26.1%
So, with you and the employer both paying tax, what used to be a 15.4% tax rate now rises to 26.1%, meaning your real tax rate is actually 10.7% higher than what it seemed at first.
People also askRM 70,000 yearly is how much per hour?RM 30 hourly is how much per year?Quel est le salaire moyen en Malaysia ?
Summary
Si vous gagnez un salaire brut de RM 70,000 par an en Malaysia, vous serez imposé de RM 10,789. Cela signifie que votre salaire net sera de RM 59,211 par an, ou RM 4,934 par mois. Votre taux d'imposition moyen est 15.4% et votre taux d'imposition marginal est 23.7%. Ce taux d'imposition marginal signifie que votre revenu supplémentaire immédiat sera imposé à ce taux. Par exemple, une augmentation de RM 100 à votre salaire sera imposé de RM 23.7, par conséquent, votre salaire net augmentera seulement de RM 76.3.
Bonus ExampleA RM 1,000 bonus will generate an extra RM 763 of net incomes. A RM 5,000 bonus will generate an extra RM 3,815 of net incomes.
| Country | Net pay | Average tax | Rank |
|---|---|---|---|
| Ireland | MYR 85 881 | 0.0% | 1 |
| United Kingdom | MYR 69 840 | 0.2% | 2 |
| Switzerland | MYR 65 054 | 7.1% | 3 |
| Denmark | MYR 46 820 | 33.1% | 21 |
| Netherlands | MYR 44 049 | 37.1% | 22 |
| Romania | MYR 39 375 | 43.8% | 23 |
| Country | Net pay | Average tax | Rank |
|---|---|---|---|
| Hong Kong | MYR 66 472 | 5.0% | 1 |
| Australia | MYR 65 840 | 5.9% | 2 |
| Thailand | MYR 64 560 | 7.8% | 3 |
| Vietnam | MYR 53 342 | 23.8% | 14 |
| India | MYR 49 613 | 29.1% | 15 |
| China | MYR 49 471 | 29.3% | 16 |
| Country | Net pay | Average tax | Rank |
|---|---|---|---|
| United States of America | MYR 61 210 | 12.6% | 1 |
| Canada | MYR 52 499 | 25.0% | 2 |
| Country | Net pay | Average tax | Rank |
|---|---|---|---|
| Puerto Rico | MYR 63 402 | 9.4% | 1 |
| Guatemala | MYR 63 288 | 9.6% | 2 |
| Costa Rica | MYR 62 650 | 10.5% | 3 |
| Peru | MYR 54 301 | 22.4% | 10 |
| Brazil | MYR 53 230 | 24.0% | 11 |
| Argentina | MYR 45 473 | 35.0% | 12 |
| Country | Net pay | Average tax | Rank |
|---|---|---|---|
| South Africa | MYR 59 426 | 15.1% | 1 |
| Mozambique | MYR 52 774 | 24.6% | 2 |
| Morocco | MYR 52 153 | 25.5% | 3 |
| Uganda | MYR 46 769 | 33.2% | 10 |
| Senegal | MYR 46 470 | 33.6% | 11 |
| Zambia | MYR 44 341 | 36.7% | 12 |
| Country | Net pay | Average tax | Rank |
|---|---|---|---|
| Qatar | MYR 66 499 | 5.0% | 1 |
| Bahrain | MYR 64 401 | 8.0% | 2 |
| Oman | MYR 64 393 | 8.0% | 3 |
| Egypt | MYR 53 660 | 23.3% | 8 |
| Lebanon | MYR 53 316 | 23.8% | 9 |
| Turkey | MYR 40 107 | 42.7% | 10 |
NOTE* Withholding is calculated based on the Malaysia tables of MY, 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.