What is PCB ?
PCB is a short form of Potongan Cukai Berjadual where LHDN introduced many years ago to ease the burden of tax payer from paying the tax in one lump sum into monthly payment.
You might wonder how actually to calculate the income tax PCB. The calculation is simple, let say we take an example of a PCB for someone who married with salary of RM3,000 and has spouse who are working with 1 child.We also take assumption that he earn commission for that month amounting RM1,500.
The calculation as follows :
RM3,000.00 + RM1,500.00 = RM4,500.00
(-) EPF RM495.00
Sub Total RM4,005.00
PCB (married, spouse working with 1 child) = RM 160.00