What Is Individual Income Tax in Malaysia? Individual income tax in Malaysia is a progressive tax system imposed on earnings made by individuals within the country. It applies to various types of income, such as salaries, bonuses, commissions, rental income, and freelance earnings. True to the principles of progressive taxation, higher income levels are taxed… Continue reading Individual Income Tax in Malaysia
Introduction to PCB (Potongan Cukai Bulanan) What is PCB and Why It Matters? Potongan Cukai Bulanan (PCB) – or Monthly Tax Deduction (MTD) – is an essential part of Malaysia’s income tax system. Rather than paying a hefty lump sum at year-end, PCB helps employees contribute smaller amounts monthly. It smooths cash flow and ensures… Continue reading Malaysia PCB Calculation Made Easy: A Step-by-Step Payroll Guide (2025 Update)
