Tax Rates 2024 Malaysia. Malaysia personal income tax rate. Company with paid up capital not more than rm2.5 million and gross business income of not more than rm50 million.
Budget 2024, unveiled by malaysia’s finance minister on 13 october 2023, focuses on measures to broaden the tax base, such as the introduction of capital gains. Welcome to the 2024 income tax calculator for malaysia which allows you to calculate income tax due, the effective tax rate and the marginal tax rate based on your taxable income in malaysia in 2024.
