Software updated for 2018.
LHDN has not provided SCHEDULE OF MONTHLY TAX DEDUCTION (for the employer who does not use computerised payroll software)
The Online PCB Calculator 2018 (Kalkulator PCB) provided by LHDN Malaysia allows users to calculate their monthly PCB (MTD) online. Alternatively, LHDN also provides a PCB Table (SCHEDULE OF MONTHLY TAX DEDUCTION) for users to do their PCB payroll calculations manually.
Although quite easy to use to get monthly PCB values, doing the PCB payroll calculations for Bonus and certain allowances can be quite complicated. Also getting the right PCB values using these two methods can be time consuming when doing the monthly payroll.
Note : POTONGAN CUKAI BULANAN (PCB) is the Malay word for MONTHLY TAX DEDUCTION (MTD), but PCB is the more popular term in Malaysia.
PCB Calculator Desktop Application
To make it easier for those who want to check their PCB calculations, we are providing a free PCB Calculator Windows Application. Download to the desktop and use as needed.
This software is designed to give the same results as the SCHEDULE OF MONTHLY TAX DEDUCTION provided by LHDN. Just enter the right values and you will get the results immediately. It is especially useful for calculating Bonus PCB.
How to use the free PCB Calculator
This software is very easy to use. Just choose the parameters for Marital Status, number of Children and EPF Rate. Enter the total Basic and Allowance and click Calculate PCB. That is all!
If you need to calculate the PCB for Bonus, just enter the Bonus amount.
In cases where the EPF value is different from the calculated value, just edit the EPF value. Simple as that.
This software does not give the same results as the PCB Online Calculator. This is because to get the same results as the PCB Online Calculator, the user needs to input the Year to date (YTD) values of salaries and deductions. This would make the software much more difficult to use. The data entry will be much more difficult and there is a high chance that the data will be input wrongly.
Note : The PCB Calculator in Actpay Payroll is able to give the same values as the Online PCB Calculator.
Download Link :
The LHDN PCB Online Calculator is found at : http://calcpcb.hasil.gov.my
The SCHEDULE OF MONTHLY TAX DEDUCTION (MTD) can be downloaded from : MTD Schedular 2018