Malaysia Personal Income Tax Rates 2021

Income tax rates 2021 Malaysia. Below are the Individual / Personal income tax rates for the Year of Assessment 2020, provided by the The Inland Revenue Board (IRB) / Lembaga Hasil Dalam Negeri (LHDN) Malaysia.

For the assessment year 2020 there is an additional range of taxable income that is for taxable income in excess of RM2 million. The rate for this range is set at 30%.

Resident individuals are eligible to claim tax rebates and tax reliefs. Read Personal Income Tax Rebate and Personal Income Tax Relief for details.


Resident Individual Tax Rates for Assessment Year 2020

Chargeable Income Calculations (RM) Rate % Tax(RM)
0 - 5,000 On the First 2,500 0 0
5,001 - 20,000 On the First 5,000
Next 15,000
1 0
150
20,001 - 35,000 On the First 20,000
Next 15,000
3 150
450
35,001 - 50,000 On the First 35,000
Next 15,000
8 600
1,200
50,001 - 70,000 On the First 50,000
Next 20,000
14 1,800
2,800
70,001 - 100,000 On the First 70,000
Next 30,000
21 4,600
6,300
100,001 - 250,000 On the First 100,000
Next 150,000
24 10,900
36,000
250,001 - 400,000 On the First 250,000
Next 150,000
24.5 46,900
36,750
400,001 - 600,000 On the First 400,000
Next 200,000
25 83,650
50,000
600,001 - 1,000,000 On the First 600,000
Next 400,000
26 133,650
104,000
Exceeding 1,000,000 On the First 1,000,000
Next 1,000,000
28 237,650
280,000
Exceeding 2,000,000 On the First 2,000,000
Next ringgit
30 517,650
..........
Chargeable Income Calculations (RM) Rate % Tax(RM)
0 - 5,000 On the First 2,500 0 0
5,001 - 20,000 On the First 5,000
Next 15,000
1 0
150
20,001 - 35,000 On the First 20,000
Next 15,000
3 150
450
35,001 - 50,000 On the First 35,000
Next 15,000
8 600
1,200
50,001 - 70,000 On the First 50,000
Next 20,000
14 1,800
2,800
70,001 - 100,000 On the First 70,000
Next 30,000
21 4,600
6,300
100,001 - 250,000 On the First 100,000
Next 150,000
24 10,900
36,000
250,001 - 400,000 On the First 250,000
Next 150,000
24.5 46,900
36,750
400,001 - 600,000 On the First 400,000
Next 200,000
25 83,650
50,000
600,001 - 1,000,000 On the First 600,000
Next 400,000
26 133,650
104,000
Exceeding 1,000,000 On the First 1,000,000
Next ringgit
28 237,650
..........

Source: Inland Revenue Board of Malaysia / Lembaga Hasil dalam Negeri Malaysia