How to Use the Malaysia Salary Calculator

The Malaysia Salary Calculator is an online tool that helps employees estimate their monthly take-home pay after mandatory deductions like EPF (Employees Provident Fund) and PCB (Potongan Cukai Bulanan or monthly income tax).

This calculator is especially useful for Malaysian employees or job seekers who want to understand their net salary and manage their finances effectively.

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How to Use the Calculator (Step-by-Step)

Step 1: Enter Your Gross Salary

• In the first box, input your monthly gross income in MYR (Ringgit).
• Example: If your salary is RM 5,000, enter 5000.

Step 2: Confirm EPF Contribution Rate

• By default, the rate is 11% (the employee’s share).
• If your rate is different (e.g., under special schemes), update this value.

Step 3: Click “Calculate Take-Home Pay”

• Press the green button.
• The tool will instantly calculate:
  • EPF deduction
  • Estimated PCB (tax)
  • Final take-home pay

Step 4: View Your Results

You’ll see:

• Gross Salary: Your full salary before deductions.
• EPF Contribution: Your monthly savings deduction.
• Estimated Tax (PCB): Your likely income tax.
• Take-Home Pay: The amount you receive after deductions.

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Why This Calculator Matters

• Helps with budget planning
• Understand how much you take home
• Estimate the impact of tax changes or EPF adjustments
• Useful when comparing job offers

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FAQ – Malaysia Salary Calculator

Q1: What is EPF in Malaysia?
EPF stands for Employees Provident Fund. It’s a mandatory retirement savings contribution where both employers and employees contribute. Employees usually contribute 11%, and employers contribute 12-13% depending on salary.

Q2: What is PCB?
PCB (Potongan Cukai Bulanan) is the monthly income tax deduction made by your employer on behalf of the Inland Revenue Board (LHDN). It ensures you pay income tax gradually throughout the year.

Q3: Is this calculator accurate for all employees?
The calculator provides an estimate based on general rules. It does not account for personal tax reliefs, spouse/child rebates, or special exemptions. For detailed tax planning, consult a licensed tax agent.

Q4: Can this calculator be used by self-employed individuals?
No, this version is designed for salaried employees only. Self-employed individuals should refer to income tax calculators that factor in business expenses and voluntary EPF.

Q5: Can I use this calculator for yearly salary input?
This calculator works with monthly salaries only. If you know your annual salary, divide it by 12 and input the result.