Budget 2014 Personal Income Tax oh Budget 2014 Personal Income Tax

Chargeable IncomeTax Rate (2013 and 2014)Cumulative TaxTax Rates (2015 - )Cumulative TaxSaving
From RM1 - RM5,0000%RM00%RM0-
From RM5,001 - RM20,0002%RM300 (RM0 after RM400 rebate)1%RM150 (RM0 after RM400 rebate)-
From RM20,001 - RM35,0006%RM1,200 (RM800 after RM400 rebate)5%RM900 (RM500 after RM400 rebate)RM300
From RM35,001 - RM50,00011%RM2,85010%RM2,400RM450
From RM50,001 - RM70,00019%RM6,65016%RM5,600RM1,050
From RM70,001 - RM100,00024%RM13,85021%RM11,900RM1,950
From RM100,001 - RM250,00026%RM52,85024%RM47,900RM4,950
From RM250,001 - RM400,00026%RM91,85024.5%RM84,650RM7,200
RM400,001 and Above26%25%