Income Tax in Myanmar

1. Allowance for Parents : 1,000,000 MMK for father and 1,000,000 for Mother

2. Child Allowance : 500,000 MMK for a child ( If the child is above 18 years old and if the
child is student, allowance for this child will be considered)

3. Presonal Relif : 20%

4. Spouse Allowance : 100,0000 MMK

5. If the employee will earn not more than 4,800,000 MMK per year, he/she is not eligible for
Personal Income Tax.

For Example , if you earn MMK 1,632,000 per month, please see below,

Monthly Salary (MMK) 1,632,000

Income for 12 month(s) 19,584,000
Personal Relief -3,916,800 20%
Parent Relief -2,000,000 2000000 for father and mother
Spouse Relief -1,000,000 Spouce Reliefe
Child Relief -1,000,000 Allowance for two child
Social Security -72,000
Total Relief -7,988,800
Taxable Income 11,595,200 Employee needas to pay PIT based on this tax
Total Tax (MMK) 889,280
Monthly Tax (MMK) 74,107

Details Calculation for taxable income

Description Rate Taxable Tax Amount (MMK)

Up to 20 Lakh 0% 2,000,000 0
20 Lakh - 50 Lakh 5% 3,000,000 150,000
50 Lakh - 100 Lakh 10% 5,000,000 500,000
100 Lakh - 200 Lakh 15% 1,595,200 239,280
Total 11,595,200 889,280

Salary Up to 450,000 MMK

Example

Monthly Salary (MMK) 450,000

Income for 12 month(s) 5,400,000
Personal Relief -1,080,000 20%
Parent Relief -1,000,000 2000000 for father and mother
Spouse Relief -1,000,000 Spouce Reliefe
Social security fees -72,000
Child Allowance -500000 500000 per child
Total Relief -3,652,000
Taxable Income 1,748,000 ( No Need to Pay Personal Income Tax)

Details

Description Rate
Up to 20 Lakh 0%
20 Lakh - 50 Lakh 5%
50 Lakh - 100 Lakh 10%
100 Lakh - 200 Lakh 15%
200 Lakh - 300 Lakh 20%
Above 300 Lakhs 25%