Resident tax rates for employees
How much tax will I pay on RM60,000 chargeable income?
The situation
Resident individuals pay progressive rates from 0% to 30%. On RM60,000 chargeable income the tax for YA 2025 is RM2,600 before rebates.
The law
- Part I, Schedule 1, Income Tax Act 1967: Resident individual rates from 0% to 30% (30% above RM2 million for YA 2025)
What it means for you
The bands are 0% to RM5,000, 1% to RM20,000, 3% to RM35,000, 6% to RM50,000 and 11% to RM70,000. So: RM150 + RM450 + RM900 + RM1,100 = RM2,600. PCB deducted by your employer is credited against this.
What to do
- Total your employment income.
- Deduct reliefs to get chargeable income.
- Apply the bands.
- Subtract PCB paid.
We can do this for youIndividual tax return Form BE for employees: MYR 150