* Deductions are calculated based on the Malaysia tables of , 2018 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.
If you make RM 70,000.00 a year living in , you will be taxed RM 10,581.60 . That means that your net pay will be RM 59,418.40 per year, or RM 4,951.53 per month. Your average tax rate is 15.12% and your marginal tax rate is 22.50%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of RM 100.00 in your salary will be taxed RM 22.50, hence, your net pay will only increase by RM 77.50.
A RM 1,000.00 bonus will generate an extra RM 775.00 of net revenues.
A RM 5,000.00 bonus will generate an extra RM 3,875.00 of net revenues.