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The Definitive Guide To Personal Income Tax In Malaysia For 2019

Find out everything you need to know about filing your personal income tax in Malaysia by April 2019!

Chapter 5

Tax Rates For Year Of Assessment 2018 (Tax Filed In 2019)

Now that you understand how to derive your chargeable income to file for your 2018 income tax, we can calculate how much tax you will be paying for last year’s assessment.

 

tax rates malaysia

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Here are the progressive income tax rates for Year of Assessment 2018:

Chargeable IncomeCalculations (RM)Rate %Tax(RM)
0 - 5,000On the First 2,50000
5,001 - 20,000On the First 5,00010
Next 15,000150
20,001 - 35,000On the First 20,0003150
Next 15,000450
35,001 - 50,000On the First 35,0008600
Next 15,0001200
50,001 - 70,000On the First 50,000141,800
Next 20,0002,800
70,001 - 100,000On the First 70,000214,600
Next 30,0006,300
100,001 - 250,000On the First 100,0002410,900
Next 150,00036,000
250,001 - 400,000On the First 250,00024.546,900
Next 150,00036,750
400,001 - 600,000On the First 400,0002583,650
Next 200,00050,000
600,001 - 1,000,000On the First 600,00026133,650
Next 400,000104,000
Exceeding 1,000,000On the First 1,000,00028237,650
Next ringgit-

Here’s how you calculate your tax based on the personal income tax rate above:

Example:

Chargeable income: RM63,850

Income
Rate
Tax
First RM5,000
0%
RM0
Next RM15,000
1%
RM150
Next RM15,000
3%
RM450
Next RM15,000
8%
RM1200
Next RM15,850
14%
RM2,219
Total chargeable income: RM65,850
Total tax: RM4,019

You can calculate your taxes based on the formula above, and just make sure your total income in the first column comes up to your total chargeable income.

Too much math for you?
Go on to the Malaysia income tax calculator to calculate how much tax you will have to pay!

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