Income Tax Brackets 2024 Malaysia. Detailed description of taxes on individual income in malaysia. Welcome back to another edition of our comprehensive annual income tax guide, this time to help you out with your tax filing process in 2024 for the 2023 year of assessment (ya)!
This means that your income is not taxed as a whole, but rather different amounts are taxed at different rates. There are no local taxes on personal income in malaysia.