Tax Rates 2024 Malaysia. How much will you be taxed in 2024? For ya 2023, it’s important to note that the tax rates have been amended under budget 2023, with a reduction of 2% for those who fall under the m40 income group, and an increase of between 0.5% to 2% for selected.
Below, you can find the dividend withholding tax rates relevant to most malaysian investors: 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.