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...
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 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...
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....
GST: main cause for higher inflation in 2015
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 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 2011: 100% loan for first house buyers
The Malaysian government is aware of the difficulties faced by low income group and fresh graduates who just joined workforce in buying a house.
To...
Budget 2013: BR1M v2.0 RM500 for Households RM250 for Singles
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...
BR1M RM500 cash aid application deadline extended to 10 February
The deadline for the public to submit the application form for the RM500 Bantuan Rakyat 1Malaysia (BR1M) scheme has been extended to Feb 10,...
