Malaysia Tax Budget
Malaysia Individual Personal Tax Relief for YA 2010 & YA2011 (both years are same)
Individual personal tax relief is only available for individuals who are considered tax resident in Malaysia. No tax relief is available for non-tax residents....
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 2016 Malaysia: Full speech
THE BUDGET 2016 SPEECH BY PRIME MINISTER AND FINANCE MINISTER DATUK SERI NAJIB TUN RAZAK - INTRODUCING THE SUPPLY BILL (2016) AT THE DEWAN...
Appeal form for RM500 cash aid application rejected by MOF
Malaysian Government is progressively releasing the RM500 cash aid to its people since January 2012. However, some applications were rejected due to incorrect, incomplete...
Budget 2014: Personal tax reduced in 2015
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 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 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...
Franchise Fee Is Now Tax Deductible In Malaysia
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
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 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...
