Rough estimate of tax on 12,000 RM a month salary?

uvin Member

Member since 05 September 2017

uvinMember06 September 2017 04:53:29

Have been offered a job in KL on 12,000 per month. I know there is a 26% flat tax in the first six months but am wondering if anyone could estimate the standard tax.

I used but the given amount seems low, given what I've read elsewhere. It says that my total payable tax for the year would be 16,000, which is only around 12%.

Gravitas ViP

Member since 02 March 2011

GravitasViP06 September 2017 05:09:23

9040

The flat rate (non-resident tax rate) currently (Year of Assessment Jan-Dec 2017) is 28%. It may be altered at the upcoming budget for YA 2018.

Gravitas ViP

Member since 02 March 2011

GravitasViP06 September 2017 05:16:46

9040

When tax resident the graduated tax steps will apply, after an annual allowance of RM7k.

So you can work out the tax on RM 137,000 divided by 12 to get the monthly deduction.

The tax rates are shown here:

150
750
1500
3200
6300
8880

Total: RM 20,780 per annum

Gravitas ViP

Member since 02 March 2011

GravitasViP06 September 2017 07:50:47

9040

Confirmation of the non-resident tax rate for 2017

Corrigendum - tax relief on first RM9k (not 7k)

Tax Booklet - page 6 explains how to link tax years

HASIL tax brochures