Malaysia Tax Budget
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...
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...
Tax Budget 2012: My First Home Scheme (MFH)
Budget 2012 has proposed to increase the maximum price ceiling for houses under My First Home (MFH) scheme to increase from RM220,000 to RM400,000.
This...
Budget 2011: 100% loan for first house buyers
The Malaysian government is aware of the difficulties faced by low income group and fresh graduates who just joined workforce in buying a house.
To...
GST: main cause for higher inflation in 2015
Goods and Services Tax (GST) has been very must talk of the town following the announcement of time table for implementing GST in the Budget...
Tax Budget 2012: Higher EPF Contribution from Employers
Budget 2012 has proposed that all employers are required to increase their EPF contribution from 12% to 13% for staff who are earning less than...
Budget 2013: Higher Real Property Gains Tax (RPGT) Rates
The limited supply of real property especially in urban areas has provided opportunities for speculative activities.
Therefore, the Government proposes the real property gains tax...
Budget 2015: No GST for Books, Noodles, RON95 Petrol, Newspapers & Others
Targeted consumers will not have to pay GST on the purchase of RON95 petrol, diesel and LPG.
The Government has confirmed that the following items will not...
Budget 2015: Self Assessment for Real Property Gains Tax (RGPT)
Currently, gains from the disposal of property under the Real Property Gains Tax Act 1976, are assessed formally by the Inland Revenue Board (IRB...
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...
