Exact Net Salary Calculator

Is there any online tax calculator for Malaysia? I believe it shall be step wise but couldn't figure it out from online searches.

Hi it is easy with a calculator. First take off 9,000 RM per annum as personal tax free allowance then rates are as below.


So for 32,000 RM per month that is 32x12= 384k pa

-9k = 375k

First 150k tax is 27,325 then rest at 26% = (375-150)*0.26= 58.5k

Total tax is therefore 27,325+58,500 = 85,825 pa

= 7,150 per month (to nearest 10RM)

So net is 24,850 RM AFTER 6 MONTHS (when resident)

The over taxed amount is claimed back by April and paid in May uisually (tax year Jan-Dec)

There are allowances for things like health insurance, purchase of computers etc.


Taxable Income RM           Tax Rate         Tax Payable RM                   
on the first 2,500                   0%                   0                   
on the next 2,500                   1%                  25                   
on the first 5,000                                          25                   
on the next 5,000                   3%                  150                   
on the first 10,000                                        175                   
on the next 10,000                 3%                  300                   
on the first 20,000                                        475                   
on the next 15,000                 7%                  1,050                   
on the first 35,000                                        1,525                   
on the next 15,000                 12%                1,800                   
on the first 50,000                                        3,325                   
on the next 20,000                 19%                3,800                   
on the first 70,000                                        7,125                   
on the next 30,000                 24%                7,200                   
on the first 100,000                                      14,325                   
on the next 50,000                 26%                13,000                   
on the first 150,000                                      27,325                   
on the next 100,000               26%                26,000                   
on 250,000                                                  53,325                   
Above 250,000                      26%

Thanks buddy. Very detail and clear.

It's possible (likely?) that you will also be making contribtions to your EPF. This is a very useful forced saings package where your employer more than matches your contribution and provides you with a very sizeable sum which you obtain when you eventually leave Malaysia.

If you are on the EPF (think it's optional for employers of expats) then that will be a further 11% deduction from our salary. May sound like a lot but it's seriously worth it!

You can try this website called malaysiasalary.com to check your net salary. I found what was my take home pay from the calculation and formula that was used to calculate the net salary for those who are working in Malaysia