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Guide To Filing Your Personal Income Tax In Malaysia In 2024

You can file your tax return now through e-filing.


Malaysians have to file our income tax every year to the Inland Revenue Board of Malaysia (IRBM). We can start submitting our tax returns from 1 March 2024, and have a submission deadline of 30 April 2024 or 15 May 2024 for e-filing.   

In 2023, the Malaysian government collected RM39.7 billion from individual income tax – a rise of 17.6% from 2022. According to its forecast for 2024, individual income tax revenue is expected to rise 6.9% to RM42.5 billion.    

The collected tax will be allocated by the government to strengthen national security, develop public infrastructures and improve the welfare of all Malaysians. 

Filing Your Income Tax 

Malaysia has the self-assessment system (SAS) where taxpayers declare their own income and expenses, calculate their income tax, submit their Income Tax Return Form (ITRF) and make tax payments. 

Individuals with an annual income of more than RM34,000 and Monthly Tax Deduction (MTD) are required to file their income.  

You can declare your income online by submitting your form via MyTax. Log in to your MyTax account using your identification number and password. Then, you can choose the right form according to your income.  

Alternatively, you can also declare your income manually by downloading and sending a hardcopy of the form to IRBM’s office. 

You can declare your income with these different types of forms for different sources of income. 

Forms  Individuals 
Form BE  Resident individuals with employment income and do not run a business 
Form B  Resident individuals who have a business and employment income as well as other types of income 
Form M  Non-resident individuals who have business, employment income and others 

You need to submit your form on or before the following due dates for employment and business income: 

Income  Online   Manual 
Employment  15 May 2024  30 April 2024 
Business  15 July 2024  30 June 2024 

Read Also: Malaysians’ Guide To Important Personal Finance Dates And Events In 2024 

Types Of Taxable Income 

Individuals have to pay income tax on a variety of their income sources, including: 

  • Gains/profit from a business; 
  • Gains/profit from employment; 
  • Dividends, interest or discounts; 
  • Rent, royalties or premiums; 
  • Pensions, annuities or other periodic payments; and 
  • Gains/profit not falling under any of the foregoing paragraphs. 

Meanwhile, foreign income has been taxable since 2022. However, the Malaysian government has given an exemption, effective from 2022 to 2026, to individual residents, where they won’t be taxed on their foreign income, provided that it’s already taxed in the country of origin.  

For example, if you are working in Singapore but living in Malaysia, you would have to pay income tax in Singapore and not Malaysia.   

Tax On Business Income 

Aside from employment income, individuals will have to also file tax on income gained from businesses such as sole proprietorships and partnerships. Self-employed individuals with income from online business or e-hailing will also need to file tax on their income. 

Depending on your business income, you will be taxed at a rate from 0% to 30%. 

You will also be eligible to claim tax reliefs and expenses for business owners.   

Income Tax Rates 

Malaysia has a tiered tax rate system according to income brackets. Individuals with an annual income of RM5,000 and below are in the lowest income bracket while individuals whose annual earnings exceed RM2 mil are in the highest income bracket. 

Category  Chargeable Income  Calculations (RM)  Rate (%)  Tax (RM) 
A  0 – 5,000  On the First 5,000  0  0 
B  5,001 – 20,000  On the First 5,000
Next 15,000 
1  0
C  20,001 – 35,000  On the First 20,000
Next 15,000 
3  150
D  35,001 – 50,000  On the First 35,000
Next 15,000 
6  600
E  50,001 – 70,000  On the First 50,000
Next 20,000 
11  1,500
F  70,001 – 100,000  On the First 70,000
Next 30,000 
19  3,700
G  100,001 – 400,000  On the First 100,000
Next 300,000 
25  9,400
H  400,001 – 600,000  On the First 400,000
Next 200,000 
26  84,400
I  600,001 – 2,000,000  On the First 600,000
Next 1,400,000 
28  136,400
J  Exceeding 2,000,000  On the First 2,000,000 Next ringgit  30  528,400 


For example, if your chargeable income is RM52,000, the following will be your tax calculations: 

Tax on first RM50,000: RM1,500   

Tax on next RM2,000: 11% x RM2,000 = RM220 

Total tax payable: RM1,720  

Claiming Tax Relief 

The government offers tax relief on a range of expenses to ease the burden of income tax payments for certain individuals.    

For example, if you’re caring for your elderly parents, you’re entitled to tax relief on medical treatment and carer expenses for your parents. You can also claim lifestyle expenses such as books, computers, sports equipment and internet subscriptions for tax relief.   

Here’s a list of claimable expenses for the year of assessment 2023: 

Tax Relief  Amount (RM) 
Individual and dependent relatives  9,000 
Medical treatment, special needs and carer expenses for parents (Medical condition certified by medical practitioner)  8,000 (Restricted) 
Purchase of basic supporting equipment for disabled self, spouse, child or parent  6,000 (Restricted) 
Disabled individual  6,000 
Education fees (Self): 

  • Other than a degree at masters or doctorate level – Course of study in law, accounting, islamic financing, technical, vocational, industrial, scientific or technology 
  • Degree at masters or doctorate level – Any course of study 
  • Course of study undertaken for the purpose of upskilling or self-enhancement (Restricted to RM2,000) 
7,000 (Restricted) 
Medical expenses on: 

  • Serious diseases for self, spouse or child 
  • Fertility treatment for self or spouse 
  • Vaccination for self, spouse and child (Restricted to RM1,000) 
10,000 (Restricted) 
Expenses (Restricted to RM1,000) on: 

  • Complete medical examination for self, spouse or child 
  • COVID-19 detection test including purchase of self-detection test kit for self, spouse or child 
  • Mental health examination or consultation for self, spouse or child 
Expenses (Restricted to RM4,000) for child aged 18 and below: 

  • Assessment of intellectual disability diagnosis 
  • Early intervention programme / intellectual disability rehabilitation treatment 
Lifestyle – Expenses for the use / benefit of self, spouse or child in respect of: 

  • Purchase or subscription of books / journals / magazines / newspapers / other similar publications (Not banned reading materials) 
  • Purchase of personal computer, smartphone or tablet (Not for business use) 
  • Purchase of sports equipment for sports activity defined under the Sports Development Act 1997 and payment of gym membership 
  • Payment of monthly bill for internet subscription (Under own name) 
2,500 (Restricted) 
Lifestyle – Additional relief for the use / benefit of self, spouse or child in respect of: 

  • Purchase of sports equipment for any sports activity as defined under the Sports Development Act 1997 
  • Payment of rental or entrance fee to any sports facility 
  • Payment of registration fee for any sports competition where the organizer is approved and licensed by the Commissioner of Sports under the Sports Development Act 1997 
500 (Restricted) 
Purchase of breastfeeding equipment for own use for a child aged 2 years and below (Deduction allowed once in every 2 years of assessment)  1,000 (Restricted) 
Child care fees to a registered child care centre / kindergarten for a child aged 6 years and below  3,000 (Restricted) 
Net deposit in Skim Simpanan Pendidikan Nasional (Net deposit is the total deposit in 2023 MINUS total withdrawal in 2023)  8,000 (Restricted) 
Husband / wife / payment of alimony to former wife  4,000 (Restricted) 
Disabled husband / wife  5,000 
Each unmarried child and under the age of 18 years old  2,000 
Each unmarried child of 18 years and above who is receiving full-time education (“A-Level”, certificate, matriculation or preparatory courses).  2,000 
Each unmarried child of 18 years and above that: 

  • receiving further education in Malaysia in respect of an award of diploma or higher (excluding matriculation/ preparatory courses). 
  • receiving further education outside Malaysia in respect of an award of degree or its equivalent (including Master or Doctorate). 
  • the instruction and educational establishment shall be approved by the relevant government authority. 
Disabled child  6,000 
Additional exemption of RM8,000 disable child aged 18 years old and above, not married and pursuing diplomas or above qualification in Malaysia @ bachelor degree or above outside Malaysia in program and in Higher Education Institute that is accredited by related Government authorities  8,000 
Life insurance and EPF
Civil servants’ pension schemes, non-civil servants pension schemes and self-employed category: 

  • Mandatory contributions to approved schemes or voluntary contributions to EPF (excluding private retirement schemes) or contributions under any written law (Restricted to RM4,000) 
  • Life insurance premium payments or family takaful contributions or additional voluntary contributions to EPF (Restricted to RM3,000) 
7,000 (Restricted) 
Deferred Annuity and Private Retirement Scheme (PRS)  3,000 (Restricted) 
Education and medical insurance  3,000 (Restricted) 
Contribution to the Social Security Organization (SOCSO)  350 (Restricted) 
Expenses on charging facilities for Electric Vehicle (Not for business use)  2,500 (Restricted) 


Paying Your Income Tax 

Once you successfully submit your form online, a notification will appear to indicate confirmation on receiving your form. 

To find out how much income tax you need to pay, you will need to look at the MTD amount that has been deducted from your monthly salary and tax payable. 

If the MTD amount paid is not sufficient to cover the tax payable, you will have to pay the remaining balance to the Inland Revenue Board of Malaysia (IRBM). You can pay online through the ByrHasil application or at the IRBM office.    

Read Also: How You Can Enjoy Tax Incentives By Investing In A Start-Up In Malaysia 


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