Personal Income Tax Rate 2020 Malaysia Table

For the be form resident individuals who do not carry on business the deadline for filing income tax in malaysia is 30 april 2020 for manual filing and 15 may 2020 via e filing. Income tax rates 2020 malaysia. With effect from w e f ya 2020.

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On the first 5 000 next 15 000.

Personal income tax rate 2020 malaysia table. A qualified person defined who is a knowledge worker residing in iskandar malaysia is taxed at the rate of 15 on income from an employment with a designated company engaged in a qualified activity in that specified region. Malaysia personal income tax rate. On the first 2 500. Calculations rm rate tax rm 0 5 000.

The deadline for filing your income tax returns form in malaysia varies according to what type of form you are filing. Below are the individual personal income tax rates for the year of assessment 2019 provided by the the inland revenue board irb lembaga hasil dalam negeri lhdn malaysia. Non resident individuals pay tax at a flat rate of 30 with effect from ya 2020. A graduated scale of rates of tax is applied to chargeable income of resident individual taxpayers starting from 0 on the first rm5 000 to a maximum of 30 on chargeable income exceeding rm2 000 000 with effect from ya 2020.

The personal income tax rates for 2018 2019 have been restructured and are different from previous year s rates.