Tax Rates For Year Of Assessment 2018 (Tax Filed In 2019)

Now that you understand how to derive your chargeable income to file for your 2018 income tax, we can calculate how much tax you will be paying for last year’s assessment.

Here are the progressive income tax rates for Year of Assessment 2018:

Chargeable Income	Calculations (RM)	Rate %	Tax(RM)
0 - 5,000	On the First 2,500	0	0
5,001 - 20,000	On the First 5,000	1	0
	Next 15,000		150
20,001 - 35,000	On the First 20,000	3	150
	Next 15,000		450
35,001 - 50,000	On the First 35,000	8	600
	Next 15,000		1200
50,001 - 70,000	On the First 50,000	14	1,800
	Next 20,000		2,800
70,001 - 100,000	On the First 70,000	21	4,600
	Next 30,000		6,300
100,001 - 250,000	On the First 100,000	24	10,900
	Next 150,000		36,000
250,001 - 400,000	On the First 250,000	24.5	46,900
	Next 150,000		36,750
400,001 - 600,000	On the First 400,000	25	83,650
	Next 200,000		50,000
600,001 - 1,000,000	On the First 600,000	26	133,650
	Next 400,000		104,000
Exceeding 1,000,000	On the First 1,000,000	28	237,650
	Next ringgit		-

Here’s how you calculate your tax based on the personal income tax rate above:

Example:

Chargeable income: RM63,850

Income	Rate	Tax
First RM5,000	0%	RM0
Next RM15,000	1%	RM150
Next RM15,000	3%	RM450
Next RM15,000	8%	RM1200
Next RM15,850	14%	RM2,219
Total chargeable income: RM65,850		Total tax: RM4,019

You can calculate your taxes based on the formula above, and just make sure your total income in the first column comes up to your total chargeable income.