1. What is the Malaysia Salary Calculation?

The Malaysia Salary Calculator estimates your take-home pay (net salary) after deducting income tax, EPF (Employees Provident Fund), and SOCSO (Social Security Organization) contributions from your gross salary for the year 2025.

2. How Does the Calculator Work?

The calculator uses the following formula:

Where:

• \( Gross\ Salary \) — Your total salary before deductions (MYR)
• \( 2025\ Tax \) — Income tax for year 2025 (MYR)
• \( EPF \) — Employees Provident Fund contribution (MYR)
• \( SOCSO \) — Social Security Organization contribution (MYR)

Explanation: The calculation subtracts all mandatory deductions from your gross salary to determine your actual take-home pay.

3. Importance of Net Salary Calculation

Details: Understanding your net salary helps in financial planning, budgeting, and ensuring you're receiving the correct compensation after all statutory deductions.

4. Using the Calculator

Tips: Enter your gross salary in MYR, estimated 2025 tax amount, EPF contribution, and SOCSO contribution. All values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: How is EPF calculated?
A: EPF is typically 11% of your gross salary for employees (with employer contributing 12-13%), but you can enter your actual amount.

Q2: How is SOCSO calculated?
A: SOCSO contributions vary based on salary brackets, but you can enter your actual contribution amount here.

Q3: What are the 2025 tax rates?
A: Tax rates for 2025 will be based on Malaysia's latest tax brackets which may change from previous years.

Q4: Are there other deductions not included?
A: This calculator includes major statutory deductions. Other deductions like EIS, PCB, or company-specific deductions would need to be added separately.

Q5: Can I use this for monthly salary calculations?
A: Yes, you can use monthly figures, but ensure all amounts (tax, EPF, SOCSO) are for the same period (monthly or annual).