About MalaysiaSalary.com

This website was created to help employees working in Malaysia to understand how their salaries are being calculated on a monthly and annual basis. In Malaysia, the net total of an employee's monthly salary is calculated by deducting the contributions made to the Employees Provident Fund (EPF) and Social Security Organization (SOCSO or also known as PERKESO). These are commonly known as the statutory contributions which are compulsory for each individual working in Malaysia. In addition to this, an employee is also required to pay a monthly income tax known as PCB (or also known as MTD or STD) to the Inland Revenue Board of Malaysia (LHDN). The income tax is only applicable when the annual chargeable income of an employee reaches a certain taxable income range as specified by LHDN.