Malaysia Salary Calculator — Take-Home Pay After Tax, EPF & SOCSO
Calculate your net salary in Malaysia after income tax, EPF, SOCSO, and EIS deductions.
Lifestyle, medical, education, etc. (excluding RM9,000 personal & EPF reliefs which are auto-applied)
- Estimated annual income tax
- RM 2,710.00
- EPF (yours, 11%)
- RM 660.00
- SOCSO (0.5%)
- RM 30.00
- EIS (0.2%)
- RM 12.00
- Net annual take-home
- RM 66,206.00
- Effective tax rate
- 3.47%
- · Estimate uses LHDN 2024 tax brackets and standard relief assumptions. Actual PCB may vary.
About this calculator
In Malaysia, your monthly salary is reduced by several mandatory deductions before reaching your bank account. EPF (KWSP) takes 11% of your gross salary by default. SOCSO (PERKESO) takes about 0.5% and EIS takes another 0.2% — both based on actual wages since the RM5,000 wage ceiling was abolished on 1 October 2024. Income tax is calculated on your annual chargeable income — gross salary minus EPF (capped at RM4,000), personal relief (RM9,000), and other reliefs — using progressive tax brackets that range from 0% up to 30%. This calculator uses the LHDN brackets effective for the 2024 assessment year. The output is an estimate intended for personal planning; your actual PCB (monthly tax deduction) may differ slightly because LHDN's PCB schedule applies its own rounding rules and the SOCSO/EIS official tables round to RM5 wage bands.
Formula
Net = Gross − EPF − SOCSO − EIS − (Annual Tax / 12)
Example calculation
Example: RM6,000/month + RM6,000 bonus, single, RM4,000 other reliefs
Annual gross is RM78,000. Reliefs: personal RM9,000 + EPF (capped) RM4,000 + other RM4,000 = RM17,000, leaving chargeable income RM61,000. Tax under 2024 brackets falls into the 11% slab: RM1,500 base + RM11,000 × 11% = RM2,710/year. After EPF (RM660), SOCSO (RM30), EIS (RM12) and monthly tax (RM226), take-home is about RM5,072/month. The annual bonus, after EPF, contributes another ~RM5,340 of net cash once a year.