Income Tax Calculator

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Income Tax Calculator
Personal details

Year of Assessment

Are you government servant

Are you disabled person?

Marital status

Yearly income

RM

Monthly tax deduction (MTD) that has been paid for year 2021

RM
Relief

Individual & dependent relatives

RM

Education fee for self

RM
Maximum RM 7,000

Equipment for disabled person

RM
Maximum RM 6,000

Medical expenses for self, spouse or children

RM
Maximum RM 8,000

Medical expenses for parent

RM
Maximum RM 8,000

EPF

RM
Maximum RM 4,000

SOCSO

RM
Maximum RM 250

Life insurance

RM
Maximum RM 3,000

Education & medical insurance

RM
Maximum RM 3,000

Private Retirement Scheme (PRS)

RM
Maximum RM 3,000

SSPN

RM
Maximum RM 8,000

LifestylePurchases of reading materials, computer, tablet, smartphone, sport equipment, gymnasium membership and / or internet subscription

RM
Maximum RM 2,500

Lifestyle - Additional relief for gadgetPurchases of computer, table and / or smartphone

RM
Maximum RM 2,500

Lifestyle - Additional relief for sport activityPurchases of sports equipment, rental / entrance fee to any sports facility and / or registration fee for any sports competition

RM
Maximum RM 500

Domestic TravelAccommodation expenses in registered premises with MOTAC and / or fee entrance to tourist attraction centre

RM
Maximum RM 1,000

Donation / Gift

RM
Rebate

Self

RM

Zakat & Fitrah

RM
Summary
Yearly income RM 0.00
Relief RM 9,000.00
Taxable income RM 0.00
Income tax RM 0.00
Rebate RM 400.00
Tax levied RM 0.00
Monthly Tax Deduction (MTD) that has been paid RM 0.00

Tax required to pay

RM 0.00
Frequently Asked Questions About Malaysia Income Tax
  • Who is required to file an income tax return in Malaysia?
  • What is the deadline for filing income tax returns in Malaysia?
    The deadline for filing income tax returns in Malaysia is usually on 30th April of each year. This deadline applies to both electronic and paper submissions of the tax returns. Taxpayers who miss the deadline may be subject to penalties and interest charges.
  • What deductions can I claim on my income tax return in Malaysia?
    In Malaysia, taxpayers can claim various deductions on their income tax returns to lower their taxable income. Some of the common deductions include:
    • Employee's provident fund (EPF) contributions
    • Insurance premiums
    • Medical expenses
    • Donations to approved charities
    • Home loan interest
    • Study loan interest
    • Relief for child education and child care expenses
    • Relief for parents/grandparents support
    • Relief for life insurance and annuity policies

    It is important to note that there are limits and conditions for each type of deduction, and taxpayers must provide supporting documentation to claim them.
  • What are the tax rates for individuals in Malaysia?
    In Malaysia, individuals are taxed based on their taxable income, which is their total income minus eligible deductions and exemptions. The tax rates for individuals are progressive, meaning the higher the taxable income, the higher the tax rate. The tax rates for individuals in Malaysia for the year 2022 are:
    • Taxable income up to RM 5,000 - 0%
    • Taxable income from RM 5,001 to RM 20,000 - 2%
    • Taxable income from RM 20,001 to RM 35,000 - 5%
    • Taxable income from RM 35,001 to RM 50,000 - 10%
    • Taxable income from RM 50,001 to RM 70,000 - 16%
    • Taxable income from RM 70,001 to RM 100,000 - 21%
    • Taxable income from RM 100,001 to RM 250,000 - 24%
    • Taxable income from RM 250,001 to RM 400,000 - 24% plus 2% of the amount exceeding RM 250,000
    • Taxable income exceeding RM 400,000 - 24% plus 3% of the amount exceeding RM 400,000

    It is important to note that these tax rates are subject to change annually and are for the year 2022.
  • How do I pay my income tax in Malaysia?
    In Malaysia, individuals can pay their income tax through various methods, including:
    • Online through the Inland Revenue Board of Malaysia (IRBM) e-filing portal
    • Over-the-counter at authorized banks
    • Mailing a cheque or money order to the IRBM
    • Direct debit from a designated bank account

    It is important to ensure that payment is made before the deadline, which is usually on 30th April of each year, to avoid penalties and interest charges.
    • What are the penalties for late or incorrect filing of income tax returns in Malaysia?
    • In Malaysia, penalties for late or incorrect filing of income tax returns include:
    • Late filing penalty - A fixed amount of RM 200 or 5% of the tax payable, whichever is higher, for each month of delay. The maximum late filing penalty is capped at RM 2,000.
    • Late payment penalty - An interest charge of 1% per month calculated on the outstanding tax payable.
    • Incorrect filing penalty - A fixed amount of RM 300 for each incorrect item, with a maximum penalty of RM 3,000 for each tax return.

    It is important to ensure that income tax returns are filed correctly and on time to avoid these penalties. If there is an error or discrepancy in the tax return, individuals can request for a correction from the Inland Revenue Board of Malaysia (IRBM).
  • How do I claim a tax refund in Malaysia?
    In Malaysia, you can claim a tax refund by submitting a tax return and including the calculation of the refund. The steps to claim a tax refund are:
    • File your tax return by the deadline, which is usually 30th April of each year.
    • Make sure to include all relevant documentation, such as proof of income, expenses, and any other relevant information.
    • Calculate the tax refund using the tax return form and supporting documentation.
    • Submit the tax return and supporting documentation to the Inland Revenue Board of Malaysia (IRBM).
    • Wait for IRBM to process the claim. If the claim is approved, IRBM will issue a refund cheque or make a direct deposit into your bank account.

    It is important to make sure that the tax return is accurate and complete, and that all relevant documentation is included, to avoid delays in processing the claim.
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