Malaysia Salary PCB Tax & Net Pay Calculator
Calculate your exact net take-home salary after deducting mandatory 11% EPF (KWSP), SOCSO (PERKESO), EIS (SIP), and LHDN Monthly Tax Deduction (PCB) in Malaysian Ringgit (MYR).
⚡ Quick Salary Presets
Gross Salary Input
Payslip Deduction Matrix
| Payroll Item | Statutory Rate | Amount (MYR) |
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Engr. Muhammad Shahzad
Verified Systems Specialist & EngineerPrincipal systems architect and statutory compliance engineer. Specialist in Malaysian statutory frameworks, LHDN income tax schedules, EPF/KWSP regulations, and Bank Negara Malaysia financing guidelines.
Frequently Asked Questions (Statutory FAQs)
What statutory deductions are taken from a salary in Malaysia?
Statutory deductions for an employee in Malaysia consist of: EPF / KWSP (11%), SOCSO / PERKESO (approx. 0.5% capped at RM 29.75), EIS / SIP (0.2% capped at RM 11.90), and LHDN Monthly Tax Deduction (PCB).
What is the SOCSO and EIS wage ceiling in Malaysia?
Effective October 2024, the monthly salary ceiling for both SOCSO (PERKESO) and EIS (SIP) contributions increased from RM 5,000 to RM 6,000.
How does employer statutory cost differ from employee deductions?
Employers contribute additional amounts over and above gross salary: EPF (12% or 13%), SOCSO (1.75% capped at RM 104.15), EIS (0.2% capped at RM 11.90), and HRD Corp levy (1% if applicable).
Is bonus payment subject to PCB, EPF, and SOCSO in Malaysia?
Yes. Discretionary and contractual bonuses are fully subject to EPF, SOCSO, EIS, and specialized supplementary PCB formula calculation.
Are non-cash benefits-in-kind (BIK) subject to EPF?
Benefits-in-kind (such as company cars or mobile phones) are not subject to EPF or SOCSO, but their prescribed value is taxable under LHDN PCB guidelines.