Malaysia Tax Budget

Budget Malaysia 2014: Highlights, Tax Summary and Proposals

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Budget 2014: Strengthening Economic Resilience, Accelerating Transformation And Fulfilling Promises Budget 2014 Malaysia was tabled by Prime Minister Datuk Seri Najib Razak in Parliament on...
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 2014: 1,000 Dialysis Machines To Be Given Away Free

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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...
Budget 2014 Corporate tax rate reduced to 24%

Budget 2014: Corporate tax rate reduced to 24%

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To support the smooth implementation of GST and to further enhance the competitiveness of Malaysia, the corporate tax rate will be reduced by 1%,...

Budget 2014: Special personal tax relief RM2,000

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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...
budget2014-personal-tax-cut-tax-saving_thumb

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 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...

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...
Budget 2014 BR1M RM650 for Households and RM300 for Singles

Budget 2014: BR1M RM650 for Households and RM300 for Singles

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The government will distribute higher Bantuan Rakyat 1Malaysia (BR1M) to households (RM650) and single individuals (RM300). BR1M of RM450 will now be given to those...

Budget 2014: No more subsidy for sugar

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The government will abolish the sugar subsidy of RM0.34 with effect from 26 October 2013 (Saturday). The cost of sugar costs will be increased from...

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