Malaysia Tax Budget

Budget 2016 BR1M

Budget 2016: All BR1M Up & Increased

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The 1Malaysia People’s Aid (BR1M) has been increased under Budget 2016, with an allocation of RM5.9 billion expected to benefit 4.7 million households and...

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...

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 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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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 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...
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Budget 2015: New Personal Tax Rates for Individuals (YA2015)

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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 2014: Impact on property market?

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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...

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...

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...

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