Malaysia Tax Budget
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...
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...
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....
Budget 2017: BR1M to continue & focus on strengthening the economy
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...
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 2014: Special personal tax relief RM2,000
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 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...
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 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...
Budget 2014: 1,000 Dialysis Machines To Be Given Away Free
Under Budget 2014 Malaysia, 1,000 dialysis machines to be given away free by the Government to patients with end stage kidney failure and these new...
