Malaysia Tax Budget

Budget 2014: 30% RPGT for first 3 years

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Owning a comfortable home are top on the most wish list from the people, this largely due to the constant increased house prices for...

Budget 2013: Personal tax rate reduced by 1%

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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 2016 Malaysia Highlights & Summary

BUDGET 2016 MALAYSIA: HIGHLIGHTS & SUMMARY

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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 2016 Malaysia read by Najib

Budget 2016 Malaysia: Full speech

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THE BUDGET 2016 SPEECH BY PRIME MINISTER AND FINANCE MINISTER DATUK SERI NAJIB TUN RAZAK - INTRODUCING THE SUPPLY BILL (2016) AT THE  DEWAN...

Budget 2017: BR1M to continue & focus on strengthening the economy

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KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak said he would announce the payment of 1Malaysia People’s Aid (BR1M) and several initiatives when...

Franchise Fee Is Now Tax Deductible In Malaysia

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Franchise fee is now tax deductible in Malaysia, announced by Prime Minister Dato Seri Najib in Budget 2012. Franchise is a business model where franchisee...
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Budget 2014: Personal tax reduced in 2015

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Upon the implementation of GST in April 2015, the Government is committed to provide various forms of assistance to the rakyat during and after...

Budget 2014: Special personal tax relief RM2,000

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As announced in Budget 2014 and to increase the disposable income of the middle income group, a special one-off personal tax relief of RM2,000...

Budget 2013: BR1M v2.0 RM500 for Households RM250 for Singles

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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...
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Budget 2015: No GST for Books, Noodles, RON95 Petrol, Newspapers & Others

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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...

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