Freelancer Tax Calculator Malaysia 2025 – Estimate PCB, EPF & SOCSO (Free Tool)
Income Tax • EPF • SOCSO SKSPS • Zakat • Tax Reliefs Calculator
Income & Expenses
Tax Estimation Results
Net profit after expenses: RM 0.00
Estimated annual tax: RM 0.00 • Monthly set-aside: RM 0.00
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🧾 Freelancer Tax & Contributions Calculator Malaysia (2025)
Introduction:
Working as a freelancer or self-employed professional in Malaysia gives you freedom — but it also means managing your own taxes and statutory contributions.
Whether you’re a designer in Kuala Lumpur, a Grab driver in Penang, or an online seller in Johor, understanding how much you owe for income tax, EPF (KWSP), SOCSO, and EIS is essential.
To make this simple, we’ve built the Free Freelancer Tax & Contributions Calculator Malaysia (2025) — a smart, accurate tool that helps you estimate your monthly or annual deductions instantly.
This calculator is designed according to the latest LHDN (Inland Revenue Board) and PERKESO guidelines, so you can stay compliant and stress-free.
💼 Why Freelancers in Malaysia Need This Calculator
As a freelancer, you are both the employee and employer, which means:
- You must declare and pay your own income tax (PCB).
- You can voluntarily contribute to EPF (KWSP) for retirement savings.
- You can register for SOCSO Self-Employed (Skim Keselamatan Sosial Pekerjaan Sendiri) to get protection coverage.
- You might also register for EIS (Employment Insurance System) if you run a registered business.
This calculator helps you plan all of that in one place:
- ✅ Estimate how much to set aside for tax every month
- ✅ Calculate EPF voluntary contributions (11% or 9%)
- ✅ Understand SOCSO self-employed categories and rates
- ✅ Stay ready for LHDN e-Invoice Malaysia 2025 requirements
⚙️ How the Freelancer Tax & Contributions Calculator Works
Step 1 – Enter Your Monthly or Annual Income
Start by entering your freelance income (RM) — either your average monthly income or total yearly income.
Step 2 – Choose Your EPF Contribution (Optional)
Freelancers can contribute voluntarily to KWSP (EPF) through i-Saraan:
- Standard contribution: 11% (employee) and 13% (employer) simulation
- Voluntary option: As low as RM50 per month
This calculator simulates both so you can see the savings impact.
Step 3 – Add SOCSO (Optional)
SOCSO Self-Employed (SPS) offers protection for self-employed Malaysians.
You can toggle SOCSO ON/OFF and see the estimated contribution (based on Category 1–5 coverage).
Step 4 – Toggle Income Tax (PCB)
If you’re paying monthly tax (PCB), toggle it ON.
The calculator uses simplified progressive brackets from LHDN to show your estimated monthly tax liability.
Step 5 – Get Instant Results
The calculator shows:
- EPF (Employee + Employer)
- SOCSO (Self-Employed)
- PCB (Tax)
- Total Deductions and Net Take-Home Income
Everything is computed in real time with MYR formatting.
📊 Example Calculation
| Monthly Income | EPF (11%) | SOCSO | PCB (Tax) | Net Income |
|---|---|---|---|---|
| RM 5,000 | RM 550 | RM 13.10 | RM 125 | RM 4,311.90 |
| RM 8,000 | RM 880 | RM 13.10 | RM 310 | RM 6,796.90 |
This helps freelancers know exactly how much to set aside monthly and avoid tax shocks later in the year.
🇲🇾 Built for Malaysian Freelancers & Small Businesses
Unlike generic calculators, this one is built specifically for Malaysia, using the correct:
- MYR currency format
- LHDN tax rates
- SOCSO Self-Employed categories
- EPF voluntary contribution rules
- E-Invoice compliance tags
It’s perfect for:
- Freelancers
- Self-employed professionals
- Part-time gig workers
- Small business owners (sole proprietors)
- Online sellers (Shopee, TikTok Shop, Lazada, etc.)
💰 Why This Tool Matters (Compliance + Financial Planning)
1️⃣ Tax Compliance
Freelancers must still file Form BE (individual tax) each year and pay PCB if earning above RM34,000 after EPF deductions.
This calculator helps you stay compliant by showing your monthly tax estimate.
2️⃣ Retirement Savings
Through i-Saraan, freelancers can contribute voluntarily to KWSP (EPF) and even get up to 15% government incentive (capped at RM500/year).
3️⃣ Social Security
SOCSO Self-Employed (SPS) now covers gig workers, drivers, delivery riders, and digital freelancers — with contribution plans starting from RM13.10/month.
4️⃣ E-Invoice Malaysia Readiness
LHDN will soon require freelancers to issue e-invoices for all income.
This calculator integrates seamlessly with our Free Invoice Generator Malaysia, so you can issue tax-compliant invoices instantly.
📈 Integration with E-Invoice Malaysia (2025)
Freelancers are part of the Phase 3 roll-out of LHDN’s e-Invoice system.
This calculator helps you:
- Track gross income
- Estimate deductions
- Generate compliant e-invoices
- Plan your tax submission (Form BE)
For more details, visit our guide:
👉 What is E-Invoice Malaysia 2025?
❓ Frequently Asked Questions (FAQ)
Q1. Do freelancers in Malaysia need to pay tax?
Yes. If your annual income exceeds RM34,000 after EPF deductions, you must file and pay income tax to LHDN Malaysia.
Q2. How much tax do freelancers pay in Malaysia?
It depends on your annual income.
This calculator uses the LHDN progressive rate to estimate your PCB.
Q3. Can freelancers contribute to EPF?
Yes. Freelancers can contribute through i-Saraan voluntarily, and even earn government incentives.
Q4. What about SOCSO and EIS?
Freelancers can join SOCSO Self-Employed (SPS) for personal accident coverage.
EIS is optional unless you run a registered company with employees.
Q5. Is this calculator 100% free?
Yes, completely free. No registration, no hidden cost, no data stored.
Q6. Does this calculator follow 2025 tax updates?
Yes. It is updated for LHDN 2025 income tax brackets and latest EPF/SOCSO rates.
🧭 Conclusion
This Freelancer Tax & Contributions Calculator Malaysia helps every self-employed Malaysian plan their income, contributions, and taxes with clarity and confidence.
Whether you’re just starting freelancing or managing multiple gigs, this tool simplifies your financial compliance for 2025 and beyond.
Try it now — and explore our full set of tools: