Simple PCB Calculator 2023

PCB Calculation Formula:

\[ PCB = \frac{(P - M) \times R + B - (Z + X + Q)}{n + 1} \]

Accumulated Chargeable Income (P):

Deduction From Table (M):

Rate (R):

Amount From Table (B):

Zakat (Z):

Accumulated PCB (X):

Other Deductions (Q):

Remaining Months (n):

Monthly PCB (RM):

Unit Converter ▲

Unit Converter ▼

From:	To:

1. What is PCB Calculator 2023?

Definition: This calculator estimates monthly PCB (Potongan Cukai Bulanan) deductions for Malaysian employees based on 2023 tax rates.

Purpose: It helps employers and employees calculate accurate monthly tax deductions according to LHDN guidelines.

2. How Does the Calculator Work?

The calculator uses the formula:

\[ PCB = \frac{(P - M) \times R + B - (Z + X + Q)}{n + 1} \]

Where:

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

Explanation: The formula calculates the monthly tax deduction by considering the chargeable income, tax rates, and various deductions.

3. Importance of PCB Calculation

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

4. Using the Calculator

Tips: Enter all required values from your salary and tax tables. Zakat, accumulated PCB, and other deductions are optional fields.

5. Frequently Asked Questions (FAQ)

Q1: Where do I find the values for M, R and B?
A: These values come from the official LHDN PCB tax tables based on your income bracket and status.

Q2: What if my calculated PCB is negative?
A: The calculator will show RM0.00 as PCB cannot be negative.

Q3: How often should I recalculate PCB?
A: Recalculate whenever there are changes to salary, deductions, or at least every month for accuracy.

Q4: Does this include all tax reliefs?
A: No, reliefs should be accounted for in the chargeable income (P) before using this calculator.

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