Tax Budget Calculation (Single/No Spouse Computation)

Expected Income
Month
Jan
Feb
Mac
Apr
May
Jun
Jul
Aug
Sept
Oct
Nov
Dec
Total

Basic Salary*
3,106.00
3,106.00
3,656.00
3,656.00
3,656.00
3,656.00
3,656.00
3,656.00
3,656.00
3,656.00
3,656.00
3,656.00
42,772.00

EPF

363.00
363.00
682.00
425.00
425.00
425.00
628.00
425.00
425.00
425.00
425.00
2,125.00
7,136.00
5,011.00
*Note: Isi ikut slip gaji hg, bukan slip gaji aku

PCB
22.35
22.35
337.40
33.50
32.50
33.65
700.42
36.85
36.85
36.85
36.80
1,500.00
2,829.52
1261.87

Expected Deduction/Relief
EPF
PCB
Zakat
Extra Zakat
Self
Books/Megazine (Max: 1000)
Laptop (Max: 3000)
Sports Equipment (Max: 300)
Broadband (Max: 500)
Life Insurance (Max: 3000)
TOTAL

Zakat

0.00

Fixed Allowance
410.00
410.00
410.00
410.00
410.00
410.00
410.00
410.00
410.00
410.00
410.00
410.00
4,920.00

Bonus

Backdated

5,000.00

3,656.00

15,355.20
19,011.20

5,000.00

RM
7,136.00
2,829.52
0.00
1,200.00
9,000.00
600.00

600.00
1,764.00
19,100.00

Total Income
3,516.00
3,516.00
9,066.00
4,066.00
4,066.00
4,066.00
7,722.00
4,066.00
4,066.00
4,066.00
4,066.00
19,421.20
71,703.20

Estimated figure
Fixed deduction
Additional Zakat (if any)

Estimated figure
(Basic pay x 4.2) (EPF: kira ikut suka)
Fixed deduction
Additional Zakat (if any)

Tax Calculation
Total Income
(-) Total Relief
Taxable Income
1st
:
50,000
Balance :
2,603
Total Income Tax

RM
71,703.20
(19,100.00)
52,603.20
19%

2,850.00
494.61
3,344.61

(-) Zakat
Tax Payable

(1,200.00)
2,144.61

(-) PCB
Balance Tax Payable/(Refund)

(2,829.52)
(684.91)

From RM2,
From RM5,
From RM10
From RM20
From RM35
From RM50
From RM70
RM100,001

Tax Rate (New - 2013)

Chargeable Income
From RM0 - RM5,000
From RM5,001 - RM20,000
From RM20,001 - RM35,000
From RM35,001 - RM50,000
From RM50,001 - RM70,000
From RM70,001 - RM100,000
RM100,001 and Above

Tax Rate Cumulative Tax

0%
RM0
2%
RM300
6%
RM1,200
11%
RM2,850
19%
RM6,650
24%
RM13,850
26%

Tax Rate (Old)

Chargeable Income
From RM0 - RM2,500
From RM2,501 - RM5,000
From RM5,001 - RM10,000
From RM10,001 - RM20,000
From RM20,001 - RM35,000
From RM35,001 - RM50,000
From RM50,001 - RM70,000
From RM70,001 - RM100,000
RM100,001 and Above

Tax Rate Cumulative Tax

0%
RM0
1%
RM25
3%
RM175
3%
RM475
7%
RM1,525
12%
RM3,325
19%
RM7,125
24%
RM14,325
26%