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Boss Cash-Out · Tax Education

The Boss Cash-Out Planner: Salary, Dividend, or EPF — A Tax-Load Comparison

Taking money out of your own company — salary, dividend, or an extra EPF top-up — each path costs a different amount in tax and leaves a different amount in your pocket. This tool gives a pure numeric education comparison; it does not judge which path is "better". For your specific setup, please book a session with JMarc and verify with a licensed tax agent.

01

Your and Your Company's Current Position

RM
RM 0 RM 200K
RM
RM 0 RM 5.0M
RM
RM 0 RM 50.0M
RM
RM 0 RM 5.0M
yrs
18 yrs 75 yrs
Malaysian citizen or permanent resident
Has a formal employment contract (not director's fees only)
Company has sufficient distributable reserves to support a dividend

MSME Preferential Rate Eligibility (all 5 must hold for the 15%/17% tiers)

Company is a Malaysian tax resident, incorporated locally
Paid-up ordinary share capital ≤ RM2.5 million
Gross business income this year of assessment ≤ RM50 million
Not held ≥50% directly/indirectly/jointly by a "related company" with paid-up capital over RM2.5 million
Combined foreign-company or non-citizen shareholding ≤ 20% (effective YA2024)

All 5 hold → SME tiered rate applies (first RM150,000 at 15%, next RM450,000 at 17%, remainder at 24%)

02

Salary vs Dividend vs Mixed

RM
RM 0 RM 2.0M
%
0 % 100 %
Salary vs Dividend vs Mixed
Example numbers · fill in your own above

A · Pure Salary

Gross salary increaseRM 107,143
Employer EPFRM 12,857
Employer SOCSO/EIS incrementRM 0
Employee EPF (deducted from gross)RM 11,786
Employee SOCSO/EIS incrementRM 0
Incremental personal taxRM 25,586
Net to youRM 69,771

The salary path generates both employer and employee EPF plus SOCSO/EIS contributions — these go into your retirement and social-security accounts, but they're also deducted from the pretax budget and from what reaches you.

B · Pure Dividend

Incremental corporate taxRM 21,800
Distributable after taxRM 98,200
Incremental 2% dividend taxRM 0
Net to youRM 98,200

The dividend path generates no EPF or SOCSO/EIS contributions — your retirement and social-security accounts see no increase from this money, and none of it is deducted for these statutory contributions.

This calculation assumes the company has sufficient distributable reserves to support the dividend; actual distribution must meet Companies Act and audit requirements.

C · Current Slider Mix

Salary-portion budgetRM 60,000
Dividend-portion budgetRM 60,000
Net to youRM 85,286

Column C is your current salary/dividend mix at the slider position, split using the same rules — all three columns keep a fixed order, identical size, and identical colour; none is marked as the "optimal" choice.

03

EPF Excess: Comparing Where the Extra Money Goes

Raise the employer EPF contribution rate above the statutory minimum (12% or 13%) — how does the extra amount compare? This module runs the "extra money" through the same assumed return ladder (6/8/10%) twice — once as if it stayed in EPF, once as if it were paid out and self-invested — and the two columns come out identical, because this is comparing compounding math itself, not a real difference in historical returns. The real differences are: EPF can't be touched before age 55, and the portion of employer contributions exceeding 19% of an employee's annual remuneration isn't tax-deductible for the company.

%
12 % 30 %
Statutory minimum employer rate12%
Amount above the statutory minimum7%
Extra amount contributed per yearRM 8,400
Of which not deductible for the company (exceeds 19% of annual remuneration)RM 0

Hypothetical scenario · stays in EPF · not historical data · not guaranteed

Amount after 20 years (per assumed return ladder) (6%)RM 308,999
Amount after 20 years (per assumed return ladder) (8%)RM 384,401
Amount after 20 years (per assumed return ladder) (10%)RM 481,110

Hypothetical scenario · paid out and self-invested · not historical data · not guaranteed

Amount after 20 years (per assumed return ladder) (6%)RM 308,999
Amount after 20 years (per assumed return ladder) (8%)RM 384,401
Amount after 20 years (per assumed return ladder) (10%)RM 481,110

The two columns show the same numbers on purpose — this illustrates the same amount compounding under the same assumed ladder, not a prediction of which path returns more. What actually matters is liquidity (EPF is locked until 55) and the 19% non-deductibility rule — not these two numbers themselves.

Calculation Assumptions

  1. This tool is an educational illustration only — it is not tax or legal advice and does not replace a licensed tax adviser's judgment on your specific situation.
  2. Corporate and personal income tax brackets are calculated per facts verified on 2026-07-15; this tool will be updated separately if a future Budget changes these brackets.
  3. MSME preferential tax-rate eligibility is judged from the 5 conditions you tick — actual determination should follow LHDN and your company's registration records.
  4. Employee EPF contribution rate is assumed at 11% (not independently re-verified this round — please confirm against KWSP's current Third Schedule).
  5. SOCSO/EIS use a simplified monthly-wage banding model, not a month-by-month replication of PERKESO's actual contribution table.
  6. The dividend path assumes the company has sufficient distributable reserves; actual distribution must meet Companies Act and audit requirements.
  7. The 2% dividend-tax threshold is calculated only from the existing dividend income you enter — it does not combine your spouse's or other related parties' dividend income.
  8. The EPF-excess module's "stay in EPF" and "self-invest" columns use the identical assumed ladder (6/8/10%) — this is not EPF's actual historical return, only an apples-to-apples compounding illustration.
  9. The portion of employer EPF contributions exceeding 19% of an employee's annual remuneration is not tax-deductible for the company; this tool only flags it and does not model any resulting shift into a higher corporate tax bracket.
Want to verify your specific situation?

Salary, dividend, and EPF mix touches corporate tax, personal tax, and your retirement provision all at once — for this kind of tax restructuring comparison, please book a session with JMarc to verify, and also have a licensed tax agent review the actual execution of any structural change.

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This tool is an educational tax-comparison illustration — it is not tax, legal, or financial advice, and does not recommend any specific product, fund, or arrangement. The three scenarios (salary/dividend/mixed) are shown in a fixed order with identical size and colour; none represents an "optimal" choice. MSME eligibility, SOCSO/EIS, and EPF contribution rates are all simplified estimates — for your specific situation, follow official LHDN, KWSP, and PERKESO sources and a licensed tax adviser's case-by-case judgment. If you're not logged in, your inputs stay only in your own browser; if logged in, your inputs and results are saved encrypted to your financial picture, to auto-fill and update this tool later.

Methodology by
JMarc Chong
Licensed Chartered Financial Planner · verifiable on the BNM register · SC eCMSRL/B9396/2019
The signature stands behind the methodology, not any outcome.
Past performance is not indicative of future performance. This page has not been reviewed by the Securities Commission Malaysia.