Malaysia Tax Budget
My First Home Scheme – Skim Rumah Pertamaku
Skim Rumah Pertamaku (SRP) - My First Home Scheme was first announced in the 2011 Budget by the Malaysian Government to assist young adults...
Budget 2014: Impact on property market?
All eyes are on next Friday’s Budget 2014 announcement, which many predict will have a big impact on the property industry
Affordable housing remains a...
Budget 2015: New Personal Tax Rates for Individuals (YA2015)
As it was announced in Budget 2014 & proposed in the latest Budget 2015, individuals income tax rates will be reduced by 1% to 3% with...
Budget 2015: Personal and company tax rates reduced
The announcements of reduction in tax rates in today's budget are not new. It was already announced in last year's Budget 2014 and it is...
MOF issues FAQ on RM500 cash aid (download registration form here)
Malaysia Ministry of Finance (MOF) open up a toll-free hotline 1-800-222-500 to answer enquiries and provide clarification in relation to RM500 cash aid for...
FAQ: 20% discount on PTPTN loan settlement
In Budget 2013, in order to encourage the students to early repay the PTPTN loan, Prime Minister announced a discount of 20% will be...
Budget 2013: Personal tax rate reduced by 1%
The new individual income tax rates effective from year of assessment 2013 is tabulated below and tax rate reduction gives a maximum tax saving...
Budget 2013: BR1M v2.0 RM500 for Households RM250 for Singles
The 1Malaysia People's Aid (BR1M) will be distributed for the second time and this has been announced that a payment of RM500 (instead of...
BUDGET 2016 MALAYSIA: HIGHLIGHTS & SUMMARY
The budget is expected to have something for everyone — the middle-class, the bottom 40% of household incomes and the rural folk.
However, it would not...
Tax Budget 2012: Get Paid 2% If IRB Refund Late
The Inland Revenue Board (IRB) will now pay you a compensation of 2% per annum on the amount refunded late, with effect from the...
