Malaysia Tax Budget

Budget 2014: The introduction of Goods and Services Tax (GST)

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It was announced by the government in Budget 2014 that Goods and Services Tax (GST) will be implemented effective from 1 April 2015 and GST rate will...
Tax Budget 2016 Malaysia

Malaysia Budget 2016 to be tabled on October 23, 2015

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Prime minister Datuk Seri Najib Razak announced that the Budget 2016 Malaysia will be tabled on 23 October. The 2016 Malaysia Budget will focus on...

Malaysia Budget 2013: More benefits are expected by the People

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WISH LIST: Malaysians likely to seek economic stability amid eurozone crisis, say experts INCENTIVES for the hardcore poor, increased benefits for the civil and private...

Malaysia Individual Personal Tax Relief for YA 2010 & YA2011 (both years are same)

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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....
GST-and-Inflation

GST: main cause for higher inflation in 2015

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Goods and Services Tax (GST) has been very must talk of the town following the announcement of time table for implementing GST  in the Budget...
Budget 2016 BR1M

Budget 2015: BR1M4.0 RM950 for Families and RM350 for Singles

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The government has increased Bantuan Rakyat 1Malaysia (BR1M) to families (RM950) and single individuals (RM350). BR1M of RM750 will be given to those households earning monthly...

Budget 2013: Government to reduce debts while helping rakyat

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The government will focus efforts on reducing the country's debt apart from helping the rakyat as well as boost the economy in formulating Budget...

Budget 2014: Pay less tax in Goods and Services Tax (GST)?

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It was announced by our Prime Minister that 300,000 individuals who are earning a monthly income of RM4,000 will no longer need to pay any...
Real-Property-Gains-Tax-RPGT-Malaysia-credit-to-imdavidlee

Budget 2015: Self Assessment for Real Property Gains Tax (RGPT)

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Currently, gains from the disposal of property under the Real Property Gains Tax Act 1976, are assessed formally by the Inland Revenue Board (IRB...
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...

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