Taxation in Karimun

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Federal Income Tax

Single Tax

Band Tax Rate  Income Band (KPT) Details
Tax Free  0% Under 12,000KPT
Band I  5% 12,001-20,000
Band II  7.5% 21,001-30,000
Band III  10% 31,001-40,000
Band IV  15% 41,001-50,000 1000KPT plus 15% of the amount over 41,001KPT
Band V  20% Above 51,001 2000KPT plus 20% of the amount over 50,001KPT

Married Tax

Band Tax Rate  Income Band (KPT) Details
Tax Free  0% Under 15,000KPT
Band I  7.5% 15,001-25,000
Band II  10% 25,001-35,000
Band III  15% 35,001-45,000
Band IV  20% 45,001-55,000 1000KPT plus 15% of the amount over 41,001KPT plus 250KPT per children (Max, 3 children that are taxable)and 400KPT non-working partner
Band V  25% Above 55,001 2000KPT plus 20% of the amount over 50,001 plus 250KPT per children