Individual Tax Rates 2024 Malaysia. 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. Effective from 1 march 2024, the service tax rate has increased from 6% to 8% for all taxable services previously subject.

Individual or personal income tax rates in malaysia are progressive, meaning the tax rate increases with higher income. The 2024 personal income tax rate is ready for you!