1. What is PCB Calculator 2023 LHDN?

Definition: This calculator computes monthly PCB (Potongan Cukai Bulanan) deductions according to LHDN (Inland Revenue Board of Malaysia) 2023 guidelines.

Purpose: It helps employers and employees estimate monthly tax deductions based on chargeable income and other factors.

2. How Does the Calculator Work?

The calculator uses the formula:

Where:

• \( P \) — Accumulated chargeable income (RM)
• \( M \) — Deduction from table (RM)
• \( R \) — Rate (%)
• \( B \) — Amount from table (RM)
• \( Z \) — Zakat (RM)
• \( X \) — Accumulated PCB (RM)
• \( Q \) — Other deductions (RM)
• \( n \) — Remaining months in the year

Explanation: The formula calculates the monthly tax deduction based on progressive tax rates and various adjustments.

3. Importance of PCB Calculation

Details: Accurate PCB calculation ensures proper tax withholding, avoids underpayment penalties, and helps with personal financial planning.

4. Using the Calculator

Tips: Enter all required values from your salary information and LHDN tax tables. Zakat, accumulated PCB, and other deductions are optional (default to 0).

5. Frequently Asked Questions (FAQ)

Q1: Where do I find the M and B values?
A: These values come from LHDN's PCB tables based on your chargeable income category and tax bracket.

Q2: What's included in other deductions (Q)?
A: This may include tax reliefs, rebates, or other allowable deductions not already accounted for.

Q3: How do I determine remaining months (n)?
A: Count how many months remain in the calendar year from the current month.

Q4: Can PCB be negative?
A: No, the calculator automatically sets negative results to zero as you cannot have negative tax deductions.

Q5: Is this calculator official?
A: This is for estimation only. Always refer to official LHDN guidelines for official PCB calculations.