PCB / MTD Tax Calculator
Estimate your monthly PCB (Potongan Cukai Bulanan) tax deduction based on Malaysia 2024 income tax rates.
Estimate your monthly PCB (Potongan Cukai Bulanan) tax deduction based on Malaysia 2024 income tax rates.
The PCB / MTD Tax Calculator estimates your monthly Potongan Cukai Bulanan, also known as Monthly Tax Deduction, based on Malaysia's 2024 income tax brackets and applicable personal reliefs. It gives employees a clear picture of how much tax their employer should withhold from each salary payment and what their approximate annual tax liability looks like.
PCB stands for Potongan Cukai Bulanan, the Malay term for Monthly Tax Deduction (MTD). Under Malaysia's tax system administered by LHDN (Lembaga Hasil Dalam Negeri), employers are required to deduct income tax from employees' monthly salaries and remit it directly to the tax authority. The deduction amount depends on the employee's annual taxable income, which is estimated from monthly salary minus allowable deductions like EPF contributions and personal reliefs. Malaysia uses a progressive tax rate structure where higher income is taxed at higher rates, ranging from 0 percent on the first RM5,000 of chargeable income up to 30 percent on income above RM2,000,000. This free calculator estimates monthly PCB using the official 2024 tax brackets.
Enter your monthly gross salary, EPF contribution amount, tax filing category, number of qualifying children, and disabled person status. Click Calculate PCB and the tool estimates your annual taxable income after deductions and reliefs, applies the progressive tax brackets, and divides the annual tax by 12 to give you the estimated monthly PCB. A bracket-by-bracket breakdown shows exactly how your income is taxed at each tier. All calculations run locally in your browser with complete privacy and no data transmission.