Wednesday, April 16, 2008

Malaysia Income Tax Rates For Resident Individuals

Taken from LHDP Malaysia, on the Income tax rates for resident individuals.
http://www.hasil.org.my/english/eng_NO2_1_1K.asp

Income Tax Rates For Resident Individuals With Effect from Year of Assessment 2002
Chargeable Income RM Rate Tax (RM)
On the first 2,500 0% 0
On the next 2,500 1% 25
On the first 5,000 - 25
On the next 15,000 3% 450
On the first 20,000 - 475
On the next 15,000 7% 1,050
On the first 35,000 - 1,525
On the next 15,000 13% 1,950
On the first 50,000 - 3,475
On the next 20,000 19% 3,800
On the first 70,000 - 7,275
On the next 30,000 24% 7,200
On the first 100,000 - 14,475
On the next 50,000 27% 13,500
On the first 150,000 - 27,975
On the next 100,000 27% 27,000
On the first 250,000 - 54,975
Exceeding 250,000 28% -

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