Malaysia Holiday Chart
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Income Tax Rates in Malaysia
Personal Tax
Tax rate - The rates of tax shown below are applicable to the taxable income of resident individuals:
       
Taxable income      
  Chargeable income RM Rate % Tax RM
On the first 2,500 0 0
On the first 2,500 1 25
On the first 5,000 - 25
On the first 15,000 3 450
On the first 20,000 - 475
On the first 15,000 7 1,050
On the first 35,000 - 1,525
On the first 15,000 13 1,950
On the first 50,000 - 3,475
On the first 20,000 19 3,800
On the first 70,000 - 7,275
On the first 30,000 24 7,200
On the first 100,000 - 14,475
On the first 150,000 27 40,500
On the first 250,000 - 54,975
On the first 250,000 28 -
Non-resident individuals are taxed at a flat rate of 28% on all sources of income, except royalties, interest, rental of movable properties and technical or management service fees, which are subject to withholding tax. The witholding tax rates applicable are similar to those imposed on companies.
Reliefs - Only Resident individuals are entitled to personal reliefs:
RM
- Self
8,000
- Self (disable person)
14,000
- Wife
3,000
- Wife (disable person)
6,500
- Child relief - (Unmarried child below 18 years)
1,000 per child
- Child receiving full-time education at institution of higher learning in malaysia - maximum
4 x normal relief
- Physically/mentally disabled child
5,000 per child
- Alimony to former wife
3,000
- Parent's medical expenses - maximum
5,000
- Cost of equipment for disability - maximum
5,000
- Life insurance premium and approval provident fund contributions - maximum
6,000
- Fees expended for approved courses in Malaysia - maximum
2,000
- Insurance premiums for education or medical benefits
3,000
- Medical expenses for self, spouse or cjild on the treatment of serious disease - maximum
5,000
- Purchase of personal computer (once in 5 years) - maximum
500
- Purchase of books -maximum
700


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