Breakdown of Payroll & Tax Contribution Amounts

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Disclaimer: This calculator is offered for informational and reference purposes only. Calculations are not meant to supplant or serve as a substitute for professional guidance or official tax calculations provided by the Inland Revenue Board of Malaysia or other relevant authorities.

What is EPF?


The Employees Provident Fund (EPF) is a mandatory social security scheme in Malaysia aimed at providing retirement benefits and savings for employees. Both employers and employees contribute a percentage of the employee’s salary to the EPF fund every month.


Why Should I Use an EPF Calculator?


Manually calculating EPF contributions can be tedious and prone to errors. With an EPF calculator, you can easily and accurately estimate your contributions based on your current salary, helping you verify if your employer is deducting the correct amount of EPF contributions based on the latest rates.


How to Use an EPF Calculator?


    1. Enter your gross monthly salary in the designated field.
    2. Select your Age Group and Residential Status.
    3. Click “Calculate“.
    4. The calculator will automatically display the employee’s and employer’s EPF contribution amounts.
    5. That’s it!


How is EPF Calculated?


EPF contributions are calculated based on the employee’s monthly salary. It involves two main components: employee contribution and employer contribution.

To calculate contributions for your employees, you’ll need to take into account a number of factors, including monthly salary rate, as well as the age and residency status of your employees. For more information, check out our article on EPF contribution rates.

To find the total monthly EPF contribution, simply add the employee contribution and the employer contribution. To better understand this, let’s take a look at this example: 

An employee in Malaysia has a gross monthly salary of RM5,000.

Employee Contribution (11% of RM5,000) = RM550

Employer Contribution (13% of RM5,000) = RM650

Total EPF Contribution (RM550 + RM650) = RM1,200

Therefore, the total monthly EPF contribution for this employee would be RM1,200, with RM550 coming from the employee’s salary and RM650 contributed by the employer.


Automate EPF Contributions with PayrollPanda!


Say goodbye to manual calculations with PayrollPanda, the leading LHDN-approved payroll software in Malaysia. PayrollPanda automatically calculates EPF contributions for both employees and employers based on the latest rates, including the option to select custom EPF percentages for specific situations.

Looking for a no-cost EIS calculator or SOCSO calculator? We’ve got you covered with our free tools!

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Reduced Errors


Manage and track EPF contributions for all your employees in one centralized platform. Save time, minimize the risk of human error and ensure accurate EPF contributions for every employee.


Compliance Assurance


Malaysian labor laws and regulations regarding EPF contributions can be complex. PayrollPanda stays up-to-date with the latest requirements and ensures your business is always compliant.


Ready to Automate Your Payroll?


Stop wasting time on manual calculations and worrying about compliance. Start your free trial of PayrollPanda today! Experience the benefits of automated EPF calculations, streamlined payroll processing, and peace of mind.

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Some frequently asked questions...

Yes, you can withdraw a portion of your EPF savings before retirement under certain qualifying circumstances, such as for housing, education and medical expenses. For the latest and most accurate information on EPF withdrawals, refer to the official EPF website

Employers are required by law to ensure timely EPF contributions. Failure to do so may result in penalties and legal consequences. Read more about deadlines for EPF.

Employees can check their EPF balance through the EPF website, mobile app, or by visiting the nearest EPF office.

In Malaysia, employees, employers, self-employed individuals, and foreign workers with valid work permits are eligible to contribute to the Employees Provident Fund (EPF).

PayrollPanda automates EPF calculations for both employees and employers based on the latest rates. This eliminates manual calculations and reduces the risk of errors.

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