Blog categorized as Budget 2027

Budget 2027: Service Tax on Elderly Care Cut to 6%, with Exemption for Fees up to RM96,000
From 1 January 2027, service tax on elderly care falls from 8% to 6%, with exemption for registered centres charging up to RM96,000 a year. See how it works.
06.11.26 05:38 PM - Comment(s)
Budget 2027: School Public Contribution Fund Donations, Tax Deduction and Wider Use of Funds
Cash donations to the School Public Contribution Fund remain deductible up to 10% of aggregate income, and Budget 2027 widens how schools can use the money.
06.11.26 05:36 PM - Comment(s)
Budget 2027: Green Technology Tax Incentives Extended to 2030
Budget 2027 extends the Green Investment Tax Allowance to 31 December 2030, with allowances of up to 100%. Here is who qualifies and how to plan.
06.11.26 05:34 PM - Comment(s)
Budget 2027: Tax Deduction for Employers Who Repay Employees’ PTPTN Loans
Budget 2027 gives employers a tax deduction for repaying employees’ PTPTN loans between 1 January 2027 and 31 December 2028. Here is what we know so far.
06.11.26 05:32 PM - Comment(s)
Budget 2027: Small Value Asset Limit Raised to RM3,000 per Asset
Budget 2027 raises the small value asset limit from RM2,000 to RM3,000 per asset, with a 100% capital allowance. See how it works for MSMEs and larger companies.
06.11.26 05:30 PM - Comment(s)
e-Invoicing in Malaysia: Where Things Stand After the Exemption Rises to RM3 Million
LHDN has raised the e-Invoice exemption threshold to RM3 million from 1 September 2026. See who is exempt, who still must comply and what to do next.
06.11.26 05:28 PM - Comment(s)
Budget 2027: SME Corporate Tax Rates Cut by One Percentage Point from YA 2027
Budget 2027 cuts the SME tax rate to 14% on the first RM150,000 and 16% up to RM600,000, saving up to RM6,000. See who qualifies and how to plan.
06.11.26 05:26 PM - Comment(s)
Budget 2027: What It Means for Electric Vehicles and Green Investment
Budget 2027 extends green investment tax allowances to 2030. See what it means for EV charging and green projects, and what has not changed for EV buyers.
06.11.26 05:24 PM - Comment(s)
Budget 2027: Stamp Duty Exemption for First-Time Home Buyers Extended and Expanded
Budget 2027 extends the first-home stamp duty exemption to 2030 and adds a 50% exemption for homes priced RM500,001 to RM750,000. See how it works.
01.11.26 01:59 PM - Comment(s)
Budget 2027: RM16 Billion for STR and SARA. What Households Can Expect
Budget 2027 raises the STR and SARA allocation to RM16 billion. STR recipients get up to RM150 a month in SARA, and other adults get RM100 twice in 2027.
01.11.26 01:56 PM - Comment(s)
Budget 2027: Extra Tax Relief of Up to RM150 for Voluntary SOCSO Contributions
Budget 2027 adds up to RM150 in tax relief for voluntary SOCSO (PERKESO) contributions, on top of the existing RM350. See who benefits and how it works.
01.11.26 01:52 PM - Comment(s)
Budget 2027: Tax Relief for Families with Children. What Has Changed and What Hasn’t
Child relief stays at RM2,000, but Budget 2027 adds tuition, postnatal care and breastfeeding equipment relief for families. Here is what parents can claim.
01.11.26 01:48 PM - Comment(s)
Budget 2027: RM2,500 Starting Salary for Graduates and Semi-Skilled Workers. What Employers Should Know
Budget 2027 introduces a RM2,500 starting monthly wage for graduates and semi-skilled jobs. Here is what we know, what is still unclear and how to prepare.
01.11.26 01:45 PM - Comment(s)
Budget 2027: Minimum Wage Rises to RM2,000 from June 2027. What Employees and Employers Should Know
Budget 2027 widens the RM8,000 parents’ and grandparents’ relief to cover home care, day-care and residential care, not just medical costs. Here is what to know.
01.11.26 01:41 PM - Comment(s)
Budget 2027: Tax Relief for Parents’ and Grandparents’ Care Now Covers All Types of Care
Budget 2027 widens the RM8,000 parents’ and grandparents’ relief to cover home care, day-care and residential care, not just medical costs. Here is what to know.
01.11.26 01:22 PM - Comment(s)
Budget 2027: Postnatal Care Now Eligible for Medical Tax Relief
Budget 2027 widens the RM7,000 education tax relief to all fields of study and adds children’s tuition. See the sub-limits and what to prepare.
31.10.26 10:02 PM - Comment(s)
Budget 2027: Education and Tuition Tax Relief Expanded to All Fields of Study
Budget 2027 widens the RM7,000 education tax relief to all fields of study and adds children’s tuition. See the sub-limits and what to prepare.
31.10.26 09:53 PM - Comment(s)
Budget 2027: Sports Shoes Now Eligible for Personal Income Tax Relief
Budget 2027 applies the 30% top tax rate to income above RM1 million, down from RM2 million. Learn how it works and how high earners can plan ahead.
31.10.26 09:51 PM - Comment(s)
Budget 2027: AI Subscriptions and Pet Expenses Now Qualify for Lifestyle Tax Relief
Budget 2027 applies the 30% top tax rate to income above RM1 million, down from RM2 million. Learn how it works and how high earners can plan ahead.
31.10.26 09:49 PM - Comment(s)
Budget 2027: Higher Income Tax Rate of 30% for Income Above RM1 Million
Budget 2027 applies the 30% top tax rate to income above RM1 million, down from RM2 million. Learn how it works and how high earners can plan ahead.
31.10.26 09:46 PM - Comment(s)