Income Tax Calculator

Income Details

Total Annual Income (RM):

Tax Relief Details

Are you disabled? (Yes/No):

RM 6000 tax relief

Marital Status:

Is your spouse disabled? (Yes/No):

RM 5000 tax relief

Is your spouse working? (Yes/No):

RM 4000 tax relief if spouse is not working

Payment of alimony to former wife (RM):

Do you have children? (Yes/No):

No. of children (<18 years):

RM 2000 per child

No. of children (18+ years, A-level):

RM 2000 per child

No. of children (18+ years, diploma and above):

RM 8000 per child

No. of disabled children:

RM 6000 per disabled child

No. of disabled children (18+, diploma and above):

RM 14000 per child

Parent Details

Parent Medical Expenses (RM 8000):

RM 8000 maximum

Other Details

Annuity/PRS:

RM 3000 maximum

Education & Medical Insurance (Self/Spouse/Child):

RM 3000 maximum

Education Fees (Self):

RM 7000 maximum

Supporting Equipment:

RM 6000 maximum

Medical Expenses (Self/Spouse/Child):

RM 10000 maximum

EPF/KWSP:

RM 4000 maximum

Life Insurance:

RM 3000 maximum

Lifestyle (up to RM 2500):

RM 2500 maximum

Lifestyle (Sports):

RM 500 maximum

SOCSO/PERKESO:

RM 350 maximum

Electric Vehicle Charging Expenses:

RM 2500 maximum

PCB:

Zakat:

What is Income Tax in Malaysia?

Income tax is a compulsory contribution levied by the government on individuals' and businesses' income. In Malaysia, it applies to both citizens and permanent residents. Individuals are taxed based on a progressive tax system, where higher income levels are subject to higher tax rates. Taxes collected contribute to funding government operations and public services.

Tax Rate/Brackets In Malaysia

Malaysia uses a progressive tax system for individuals. This means the more you earn, the higher the percentage of your income that will be taxed. Below are the current income tax rate/brackets:

Up to RM5,000: 0%
RM5,001 - RM20,000: 1%
RM20,001 - RM35,000: 3%
RM35,001 - RM50,000: 8%
RM50,001 - RM70,000: 13%
70,001 - RM100,000: 21%
RM100,001 - RM250,000: 24%
RM250,001 - RM400,000: 24.5%
Above RM400,000: 25%

Tax Filing Deadlines

For individuals, the tax filing deadline is typically 30th April for manual filings and 15th May for e-filing, for the preceding year’s income. Late payments or filings can result in penalties.

Tax Reliefs and Deductions in Malaysia

Education Relief: Deductible expenses for self or dependents in pursuing higher education.
Medical Relief: Expenses related to medical treatment, insurance premiums, and health screenings.
EPF Contributions: Contributions to the Employees Provident Fund (EPF) reduce your taxable income.
Insurance Premiums: Relief for premiums paid for life insurance, including education insurance.
Child Relief: A specific deduction per dependent child.

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