Malaysia Tax Budget

Don’t abuse BR1M assistance, said Tan Sri Lee Lam Thye

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The statement by Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah that the Government will ensure that all eligible households are not left out...
My First Home Scheme - Skim Rumah Pertamaku

My First Home Scheme – Skim Rumah Pertamaku

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Skim Rumah Pertamaku (SRP) - My First Home Scheme was first announced in the 2011 Budget by the Malaysian Government to assist young adults...

Tax Budget 2012: My First Home Scheme (MFH)

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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 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...

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...

FAQ: 20% discount on PTPTN loan settlement

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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 Malaysia

Budget 2013: Special Allocation For Education Ministry

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Deputy Prime Minister and Education Minister Tan Sri Muhyiddin Yassin said the Education Ministry hopes to get a special allocation under Budget 2013 to...

Tax Budget 2012: Higher EPF Contribution from Employers

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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: 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 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...

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