Malaysia Children Daycare Association Seeks Increase in Childcare Tax Relief
PETALING JAYA: A daycare group has called on the government to increase childcare tax relief from RM3,000 to RM5,000 in Budget 2026, to help ease the financial struggles of families.
The...
Tax Rate for Micro, Small, and Medium Enterprises
The finance ministry has announced that the lower tax rate for micro, small, and medium enterprises is aimed at enhancing their competitiveness and supporting economic growth.
No Plans to Lower Corporate Income Tax...
Road Transport Department Steps Up Efforts to Ensure Road Safety During Chinese New Year
JPJ Conducts Special Operation to Enforce Road Safety Regulations
The Road Transport Department (JPJ) conducted a special operation from January 20 to ensure the safety of roads...
Tax Reforms: Raising the Corporate Income Tax Rate for Large Corporations
Proposing a Solution
Pasir Gudang MP Hassan Karim recently proposed that the government raise the corporate income tax rate on large corporations from 24% to 27%. In a Dewan Rakyat...
Government Proposes Sugar Tax Hike to Combat Non-Communicable Diseases
The Malaysian government has proposed to raise the excise duty on sugary drinks by RM0.40 per litre in 2025 in a bid to lower the intake of sugar, a major contributor...
Tourism Tax Revenue Jumps to RM186 Million
Significant Increase in Tourism Tax Revenue
KUALA LUMPUR: Prime Minister Anwar Ibrahim has revealed a significant jump in tourism tax revenue from RM1.03 million in 2022 to RM186 million in 2023. The annual revenue...
Dato G Kumaar: Don’t Be Afraid to Demand Rights – The Budget Must Ensure Justice for All Communities; Lim Guan Eng Should Not Play Politics
Kuala Lumpur – In a stirring speech, Dato G Kumaar Aamaan urged Lim Guan Eng...
Budget 2025 Not a "Robin Hood Budget"
KUALA LUMPUR: The introduction of a 2% tax on dividend income above RM100,000 received by individual shareholders and the targeted subsidy of RON95 petrol for the top group of T15 is not a...
Attracting High-Value Investments: Malaysia's Revamped Incentives Regime
A Closer Look at the 2025 Budget Proposal
Malaysia must revamp its incentives regime to attract high-value investments that propel the country to become a high-income nation.
Unique Tax Idea to Target Top Income-Earners
KPMG Malaysia's...
Sarawak DAP Welcomes Announcement on No Inheritance Tax
Sarawak DAP's Role in Current Federal Government Highlighted
PETALING JAYA: Sarawak DAP, which had opposed a purported inheritance tax, has welcomed an announcement by secretary-general Loke Siew Fook that the Cabinet had never...
