Topic
#epf
2 articles
Year-End Bonus in Malaysia 2026: How Much Goes to Tax, EPF and SOCSO, With Worked Examples
A year-end bonus in Malaysia is taxed in the year you receive it, not the year it rewards, so a bonus paid in December 2026 falls under the 2026 tax rules and one paid in January 2027 under Budget 2027's new rates and RM12,000 personal relief. EPF takes 11% of it, SOCSO and EIS take nothing, and the monthly tax deduction in the bonus month is only an estimate. Here is how each deduction works, with two worked examples.
EPF Akaun Fleksibel 2026: The RM50 Withdrawal, and the Dividend Rule That Decides What It Costs
Akaun Fleksibel is the one EPF account you can withdraw from at any age below 55, with no documents and no reason given, from RM50 upwards. What the EPF publishes and almost nobody reads is how the dividend behind it is calculated. Contributions credited during a month only start earning on the last day of that month. Withdrawals stop earning on the day they leave. At the 6.15 per cent rate declared for 2025, taking RM1,000 out in early January and not replacing it costs roughly RM61 of dividend for the year, while the same withdrawal on 1 December costs about RM5.