Budget 2027: Individual tax relief rises to RM12,000, income tax percentage lowered

In Budget 2027, the Malaysian government plans to increase individual income tax relief from RM9,000 to RM12,000 and lower tax rates for certain income brackets, aiming to alleviate the cost-of-living challenges faced by middle-income earners.

Prime Minister Datuk Seri Anwar Ibrahim emphasized tax reforms, including reduced rates for incomes between RM70,000 and RM150,000, and expanded relieves covering medical, educational, and lifestyle expenses.

Additionally, a 30% tax rate will be applied to individuals earning over RM1 million, reflecting a progressive taxation approach.

KUALA LUMPUR, Oct 9 — The government will increase individual income tax relief from RM9,000 to RM12,000 and reduce tax rates for selected income brackets under Budget 2027.

Prime Minister Datuk Seri Anwar Ibrahim said the measures were aimed at easing the cost-of-living burden on middle-income earners.

The increase would mark the first revision to the individual tax relief limit since 2010.

“The government hears the concerns of the middle-income group (M40), who have patiently persevered despite also being squeezed by the cost of living,” Anwar said when tabling Budget 2027 in Parliament today.

Under the revised tax rates, the rate for individuals with taxable income between RM70,000 and RM100,000 will be reduced to 18 per cent, while those in the RM100,000 to RM150,000 bracket will see their rate lowered to 24 per cent.

Anwar also announced expanded tax reliefs covering a wider range of expenses.

Medical tax relief will be extended to include postpartum care services, while relief for the care of parents and grandparents will cover all care-related expenses rather than being limited to healthcare costs.

Sports equipment relief will be expanded to include sports shoes, while education and skills training relief will cover all fields of study as well as children’s tuition fees.

Lifestyle tax relief will also be expanded to include artificial intelligence (AI) subscriptions, vaccination costs and the adoption of pets from registered centres.

Anwar said the government would also adopt a progressive approach by setting the income tax rate at 30 per cent for individuals earning more than RM1 million.

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在 2027 年财政预算案中，马来西亚政府计划将个人所得税减免额从 9,000 令吉提高到 12,000 令吉，并降低某些收入等级的税率，旨在缓解中等收入者面临的生活成本挑战。

首相拿督斯里安华·易卜拉欣强调了税收改革，包括降低年收入在7万至15万令吉之间的税率，以及扩大医疗、教育和生活方式支出方面的税收减免。

此外，年收入超过 100 万令吉的个人将适用 30% 的税率，体现了累进税制。

吉隆坡，10月9日讯——政府将在2027年财政预算案中，将个人所得税减免额从9000令吉提高到12000令吉，并降低部分收入阶层的税率。

首相拿督斯里安华·易卜拉欣表示，这些措施旨在减轻中等收入者的生活成本负担。

此次上调将是自 2010 年以来首次对个人所得税减免限额进行调整。

安华今天在国会提交2027年财政预算案时表示：“政府听到了中等收入群体（M40）的担忧，尽管他们也受到生活成本上涨的压力，但他们一直耐心坚持。”

根据修订后的税率，应税收入在 7 万令吉至 10 万令吉之间的个人税率将降至 18%，而应税收入在 10 万令吉至 15 万令吉之间的个人税率将降至 24%。

安华还宣布扩大税收减免范围，涵盖更广泛的支出项目。

医疗税收减免将扩大到包括产后护理服务，而对父母和祖父母的护理减免将涵盖所有与护理相关的费用，而不仅仅局限于医疗保健费用。

体育器材救济范围将扩大到运动鞋，而教育和技能培训救济将涵盖所有学习领域以及儿童学费。

生活方式税收减免范围也将扩大到包括人工智能 (AI) 订阅、疫苗接种费用以及从注册中心领养宠物。

安华表示，政府还将采取渐进式措施，将年收入超过100万令吉的个人所得税税率设定为30%。

2027年财政预算案：马来西亚人可支配收入增加，最高可达1600令吉，这得益于税收减免和削减。

马来西亚财政部表示，马来西亚公共部门的财政状况依然稳健，管理良好。

马来西亚财政部敦促供应链多元化，预计到2026年上半年，马来西亚贸易将增长22.4%。

马来西亚反贪污委员会官员出庭受审：高等法院下令就一起针对中国商人的952,690令吉团伙抢劫案进行辩护。