Income Tax rate :
On the first RM 35,000. 2.57%. RM 900
On the next RM 15,000 10% RM 1,500
900.00
* 100.00
---------------
+ 90,000.00
/ 35,000.00
---------------
+ 2.57
====
On the first RM 50,000. 4.8%. RM 2,400
On the next RM 20,000 16% RM 3,200
2,400.00
* 100.00
---------------
+ 240,000.00
/ 50,000.00
---------------
+ 4.80
====
On the first RM 70,000. 8%. RM 5,600
On the next RM 30,000 21% RM 6,300
+ 5,600.00
* 100.00
---------------
+ 560,000.00
/ 70,000.00
---------------
+ 8.00
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