MY · Asia · MYR
Malaysia
Tax rates
Income Tax
30%
Top rate, progressive scale
Source: PWC Worldwide Tax Summaries — Malaysia (Individual, Taxes on personal income) · as of 2026-06-16Corporate Tax
24%
Statutory rate
Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01Capital Gains Tax
0%
Source: PwC Worldwide Tax Summaries — Malaysia (Individual, Income determination) · as of 2026-06-16Crypto Tax
0%
Wealth Tax
0%
Not levied
Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-16
No verified data yet for: VAT.
Estimate your income tax
Enter a gross annual salary to estimate 2026 national income tax for Malaysia using verified brackets — total tax, effective and marginal rate, net income, and the per-band breakdown. National income tax only; social contributions and sub-national taxes are excluded unless the notes say otherwise. The full calculator covers every country with verified rates.
The calculator needs JavaScript — every figure stays readable without it. The full bracket schedule is under Brackets & notes below, and the calculator page lists every country's schedule.
Brackets, notes & in practice
Income Tax
| Threshold | Rate |
|---|---|
| MYR 0 | 0% |
| MYR 5,000 | 1% |
| MYR 20,000 | 3% |
| MYR 35,000 | 6% |
| MYR 50,000 | 11% |
| MYR 70,000 | 19% |
| MYR 100,000 | 25% |
| MYR 400,000 | 26% |
| MYR 600,000 | 28% |
| MYR 2,000,000 | 30% |
Malaysia taxes resident individuals on a progressive scale up to 30% on chargeable income exceeding MYR 2,000,000; non-residents are taxed at a flat 30%. Reduced 15% flat rates apply to specific categories, such as qualifying Iskandar Malaysia knowledge workers and Returning Expert Programme participants.
In practice
- Residency
Resident status generally requires presence in Malaysia for 182 days or more, in one or more periods, within a calendar year. Residency determines eligibility for personal reliefs and tax rebates, and access to the graduated resident tax rates.
Source: PWC Worldwide Tax Summaries — Malaysia (Individual, Residence) · as of 2026-06-16- Filing
The Malaysian tax year is the calendar year. Under the self-assessment system, an individual must submit their tax return by 30 April of the following year if they have no business income, or by 30 June if they do; spouses are assessed separately by default, but a resident or citizen wife may elect to be taxed jointly with her husband.
Source: PWC Worldwide Tax Summaries — Malaysia (Individual, Tax administration) · as of 2026-06-16- Non-residents
30% — A non-resident individual is taxed at a flat 30% rate on total taxable income, regardless of income type.
Source: PWC Worldwide Tax Summaries — Malaysia (Individual, Taxes on personal income) · as of 2026-06-16- Deductions
Employees may deduct expenses incurred wholly and exclusively in performing their duties, such as professional subscriptions, while purely private or domestic expenses are not deductible. Malaysia also grants personal reliefs against other categories of expenditure, including medical costs, pension and provident fund contributions, life and education insurance premiums, and mortgage interest on a house that produces rental income, along with deductible donations to approved charitable institutions.
Source: PWC Worldwide Tax Summaries — Malaysia (Individual, Deductions) · as of 2026-06-16- Special regimes
Three categories of employment income are taxed at a flat, reduced 15% rate instead of the resident progressive schedule: qualifying knowledge workers residing in Iskandar Malaysia and employed by a designated company in a qualified activity, approved resident individuals under the Returning Expert Programme (for five years), and qualifying key-position (C-Suite) employees at a company granted a relocation tax incentive under the PENJANA initiative.
Source: PWC Worldwide Tax Summaries — Malaysia (Individual, Taxes on personal income) · as of 2026-06-16
Capital Gains Tax
Malaysia's capital gains tax applies only as a real property gains tax (RPGT) on disposals of real property and of shares in a real property company. Gains on ordinary listed shares fall outside this tax.
Crypto Tax
Malaysia's capital gains tax, in effect since 2024, applies only to companies, LLPs, trust bodies and co-operative societies, not to individuals, so capital-nature gains from an individual's disposal of digital currency are not subject to it. Digital currency disposals of a trading nature, judged by badges-of-trade factors such as frequency and profit motive, are instead taxed as ordinary business income.
Wealth Tax
No net wealth tax levied.