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Step 1 - Fill in your Income to see your Tax Liability

Gross Pay 1 RM100,000.00


Other Income 2
Tax Exemptions (leave blank if not sure) 3
Gross Taxable Income RM100,000.00
Tax Summary
Tax Summary % Per Year
Total Income 100.0% RM100,000.00
Net Income 89.8% RM89,750.00
Income Tax 10.3% RM10,250.00
Your income tax bracket is 24%
Your employer paid too much / (little) tax? -RM10,250.00
Income Tax before Savings
RM10,250.00
Effective Tax % of Total Income
10.25%
Step 2 - See how much tax you can save
Potential Tax Savings
- Typical Savings Most Malaysians Can Get RM5,747.00
- Additional Savings for Education Expenses RM2,016.00
- Additional Savings for Disability/Medical Issues RM2,487.00
- Additional Savings for Gifts and Donations RM0.00
Total Potential Tax Saving RM10,250.00
Income Tax after Potential Savings RM0.00
Step 3 - Fill in the tax reliefs which apply to you to see how much tax you can save
Investments, Savings and Financial Products
Do you have a home loan on a property bought in 2010? RM0.00
Did you put savings in an SSPN Account? RM0.00
Did you voluntarily contribute into a PRS Fund? RM0.00
Did you pay for life insurance premiums? RM1,560.00
Did you pay for education or medical benefit premiums? RM0.00
RM1,560.00
Purchases
Did you buy a Personal Computer (Desktop / Laptop)? RM0.00
Malaysia Income Tax Calculator 2013
Did you purchase any sports equipment? RM0.00
Did you purchase any books, journals or magazines? RM500.00
RM500.00
Education
Did you pay to undertake a Masters/PhD degree? RM0.00
Do you have unmarried children in pre-university tertiary level education? RM0.00
Do you have unmarried children in tertiary education ? RM0.00
RM0.00
Disabilities and Medical Expenses
Did you do a full medical examination? RM500.00
Did you have to pay medical expenses for any serious diseases? RM0.00
Did you have to pay medical expenses for your parents? RM1,000.00
Are you a disabled individual? RM0.00
Do you have a disabled spouse? RM0.00
Do you have a disabled child? RM0.00
Do you have a disabled child pursuing tertiary education? RM0.00
RM1,500.00
Donations
Gifts or Donations to Approved Institutions RM0.00
Gifts or Donations to Specific Items and Government Activities RM0.00
RM0.00
With your own Tax Reliefs your Tax Payable should be RM9,770.00
Which is a saving of RM480.00
Read the Full Personal Tax article
(for filing by 30th April 2014)
per year Resident of Malaysia (generally 182 days or more) 4
per year Marital Status 5
per year How many children under 18? 6
Total Yearly MTD (from Form EA/EC) 7
Per Month
RM8,333.33
RM7,479.17
RM854.17
Too Little
Step 3 - Fill in the tax reliefs which apply to you to see how much tax you can save
Max
10000 RM0.00
6000 RM0.00
3000 RM0.00
0 RM0.00
3000 RM0.00
22000 RM0.00
3000 RM0.00
DISCLAIMER!This is only a simple tool that makes the usual assumptions to estimate your
tax breakdown. There are many other possible taxable income types, tax exemptions, tax
reliefs etc. For a definitive source please speak to the tax office or a tax advisor.
Malaysia Income Tax Calculator 2013
300 RM0.00
1000 RM500.00
4300 RM500.00
5000 RM0.00
1000 RM0.00
6000 RM0.00
12000 RM0.00
500 RM500.00
5000 RM0.00
5000 RM1,000.00
6000 RM0.00
3500 RM0.00
5000 RM0.00
6000 RM0.00
31000 RM1,500.00
7000 RM0.00
RM83,000.00 RM0.00
90000 RM0.00
Read the Full Personal Tax article
Resident
Single
0
RM0.00
DISCLAIMER!This is only a simple tool that makes the usual assumptions to estimate your
tax breakdown. There are many other possible taxable income types, tax exemptions, tax
reliefs etc. For a definitive source please speak to the tax office or a tax advisor.

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