Personal Income Tax Rate in Malaysia
Tax Rate For Individuals in Malaysia
| Indicator | Data | Period |
|---|---|---|
| Personal Income Tax Rate | 30 % | 2023 |
Latest data on Personal Income Tax Rate (%)
What is personal tax rate in Malaysia?
- Personal Income Tax Rate in Malaysia remained unchanged at 30 % in 2023. The maximum rate was 30 % and minimum was 25 %.
- Data published Yearly by Inland Revenue Board.
Historical Data (%) by years
Data
Period
Date
| 30 | 2023 | 25.08.2023 |
| 30 | 2022 | 25.10.2022 |
| 30 | 2021 | 02.06.2021 |
| 30 | 2020 | 13.02.2020 |
| 28 | 2018 | 10.02.2018 |
| 28 | 2016 | 11.08.2017 |
| 25 | 2015 | 31.12.2015 |
| 26 | 2014 | 31.12.2014 |
Historical Chart by prime ministers (%)
Personal Income Tax Rate in Malaysia by prime ministers
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Najib Razak | 03.04.2009 - 10.05.2018 | 27.0000 | 28.0000 | 28.0000 | 25.0000 | 3.70% |
| Abdullah Badawi | 31.10.2003 - 03.04.2009 | 28.0000 | 28.0000 | 28.0000 | 28.0000 | 0.00% |
Other taxes in Malaysia
| Index | Updated | Actual | Previous |
| Corporate Tax Rate | 2023 | 24 % | 24 |
| Sales Tax Rate | 2023 | 10 % | 10 |
| Social Security Rate | 2022 | 24 % | 21 |
Personal Income Tax Rate in other countries
| Country | Updated | Actual | Previous |
| Bangladesh | 2022 | 25 % | 25 |
| Jordan | 2018 | 20 % | 20 |
| Mongolia | 2022 | 10 % | 10 |
| Tajikistan | 2022 | 12 % | 13 |
| Cambodia | 2023 | 20 % | 20 |
| China | 2023 | 45 % | 45 |
| Georgia | 2023 | 20 % | 20 |
| India | 2022 | 42.74 % | 42.74 |
| Israel | 2023 | 50 % | 50 |
| Pakistan | 2023 | 35 % | 35 |
| South Korea | 2023 | 45 % | 45 |
| Taiwan | 2023 | 40 % | 40 |
| Vietnam | 2023 | 35 % | 35 |
| Armenia | 2018 | 36 % | 36 |
| Hong Kong | 2023 | 15 % | 15 |
| Indonesia | 2023 | 35 % | 35 |
| Japan | 2021 | 55.97 % | 55.95 |
| Kazakhstan | 2023 | 10 % | 10 |
| Lebanon | 2023 | 25 % | 25 |
| Macau | 2023 | 12 % | 12 |
| Malaysia | 2023 | 30 % | 30 |
| Philippines | 2023 | 35 % | 35 |
| Qatar | 2023 | 0 % | 0 |
| Singapore | 2022 | 22 % | 22 |
| Sri Lanka | 2023 | 18 % | 18 |
| Thailand | 2023 | 35 % | 35 |
| Oman | 2023 | 0 % | 0 |
| Laos | 2023 | 25 % | 25 |
| Azerbaijan | 2023 | 25 % | 25 |
| Kuwait | 2023 | 0 % | 0 |
| Saudi Arabia | 2023 | 0 % | 0 |
| Bahrain | 2023 | 0 % | 0 |
| United Arab Emirates | 2023 | 0 % | 0 |
| Yemen | 2021 | 15 % | 15 |
| Uzbekistan | 2023 | 12 % | 12 |
| Iraq | 2023 | 15 % | 15 |
| Syria | 2022 | 22 % | 22 |
| Afghanistan | 2022 | 20 % | 20 |
| Brunei | 2023 | 0 % | 0 |
| Mauritius | 2023 | 15 % | 15 |
