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Malaysia Net Salary Calculator 2026
Type your monthly salary to see what lands in your bank account after EPF, SOCSO, EIS and PCB. PCB is worked out with LHDN's own 2026 formula, step by step.
Rates checked 12 Nov 2026How PCB is worked out
Same salary every month from January, no bonus and no previous employer this year. Your payslip can differ by a few sen. Uses 2026 rules; Budget 2027 changes are not law yet.
What comes off a Malaysian payslip in 2026
| Deduction | Employee pays | How it is applied |
|---|---|---|
| EPF (KWSP) | 11% (Malaysian or PR under 60) | Third Schedule wage bands, rounded up to the ringgit. 0% for Malaysians 60+, 5.5% for PR 60+, 2% for foreign workers |
| SOCSO invalidity | about 0.5% | PERKESO table, 65 bands, ceiling RM6,000. Not from age 60 |
| LINDUNG 24 Jam | about 0.75% | From 1 June 2026, same table. Compulsory for foreign workers; Malaysians can opt out |
| EIS (SIP) | about 0.2% | PERKESO table, ages 18 to 59, not foreign workers |
| PCB (MTD) | depends on income | LHDN 2026 computerised formula. Individual relief RM9,000, spouse RM4,000, RM2,000 per child, EPF up to RM4,000. Non-residents: 30% flat |
PCB is not a separate tax. It is your income tax paid in advance; you settle the difference when you file Form BE. To check the whole year, use the income tax calculator. Employers can see the full cost of a hire with the EPF, SOCSO and EIS calculator.
Questions about take-home pay
How much is my take-home pay from a RM4,000 salary?
For a single Malaysian under 60 with no children: EPF RM440, SOCSO RM49.40 (including LINDUNG 24 Jam), EIS RM7.90 and PCB RM50.00, so the take-home pay is RM3,452.70 a month. Type your own salary above to see yours.
What deductions come out of my salary in Malaysia?
Four: EPF (11% for most employees under 60), SOCSO (about 0.5%, plus 0.75% for LINDUNG 24 Jam since 1 June 2026), EIS (about 0.2%) and PCB, the monthly tax deduction your employer pays to LHDN for you. Zakat can also be deducted if you asked your employer to.
How is PCB (monthly tax deduction) calculated?
Your employer uses LHDN's formula: it estimates your chargeable income for the whole year (12 months of salary, less EPF up to RM4,000 and your reliefs), works out the tax on it, takes off the RM400 rebate where it applies, and spreads it over the months left in the year. Every step is cut to 2 decimals and the result is rounded up to the next 5 sen. Under RM10 nothing is deducted. Open "How PCB is worked out" under the result to see each step for your salary.
Is the employee EPF rate 11% in 2026?
Yes, for Malaysians and permanent residents under 60. EPF uses wage bands, so 11% is applied to the top of your band and rounded up to the next ringgit (RM550 on RM5,000). From age 60 Malaysians pay nothing and permanent residents pay 5.5%. Foreign workers pay 2% since the October 2025 wages.
Why is my PCB more than my final income tax?
Because the PCB formula estimates the year from one month. Near a limit, such as the RM400 rebate that stops at RM35,000 chargeable income, a few sen can move you to the next row of LHDN's table. For example on RM4,000 a month the January PCB is RM50.00, while the tax for the year is only RM200. You get the difference back when you file your Form BE.
Do allowances and overtime get taxed?
Overtime, commission, bonuses and most allowances are taxed. Bonuses, commission and fixed allowances also count for EPF, but overtime does not. Some allowances are tax-free up to a limit, for example petrol, travel or toll allowance up to RM6,000 a year and childcare allowance up to RM3,000 a year. Leave tax-free allowances out of the salary you type here.
Sources
- LHDN, Specification for MTD calculations using computerised calculation for 2026: hasil.gov.my
- KWSP, Third Schedule from 1 October 2025: kwsp.gov.my
- PERKESO, LINDUNG 24 Jam FAQ and contribution table: perkeso.gov.my
- PERKESO, EIS (Act 800) contribution rate: perkeso.gov.my
An estimate to help you plan. Your payslip, EA form and LHDN assessment are the final amounts.
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