Budget 2027: More disposable income for Malaysians, up to RM1,600 thanks to tax reliefs, reductions

Malaysians could gain up to RM1,600 extra in disposable income due to higher tax relief and lower tax rates announced by Prime Minister Anwar Ibrahim.

Individual tax relief will increase from RM9,000 to RM12,000, with a one percentage point reduction in income tax rates for Malaysian residents.

Additional tax relief will cover more expenses, including post-delivery care, care for elders, tuition, sportswear, AI subscriptions, and vaccinations, with a 30% tax rate for incomes over RM1 million.

KUALA LUMPUR, Oct 9 — Malaysians are expected to be able to have up to RM1,600 in extra disposable income, as they will get higher tax relief and lower tax rates, Prime Minister Datuk Seri Anwar Ibrahim said today in his Budget 2027 speech.

Anwar today listed multiple tax measures that would benefit Malaysians, especially the middle class or M40 group.

"This means that the increase in tax relief and reduction in individual tax rate will give additional disposable income of up to RM1,600 to around five million taxpayers," he said in his speech.

The tax measures include increasing individual tax relief from the old figure of RM9,000 to RM12,000; and reducing income tax rate of those residing in Malaysia by one percentage point.

Anwar also announced that the federal government would expand individual tax relief to cover more expenditure categories, including covering post-delivery care services, care expenditure for parents and grandparents, tuition for children, the purchase of sport shoes, artificial intelligence (AI) subscriptions and vaccination costs.

The government will also adjust the tax rate to 30 per cent for those with more than RM1 million in income.

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由于首相安华·易卜拉欣宣布提高税收减免和降低税率，马来西亚人最多可获得 1600 令吉的额外可支配收入。

个人所得税减免额将从9000令吉增加到12000令吉，马来西亚居民的所得税税率将降低一个百分点。

额外的税收减免将涵盖更多支出，包括产后护理、老人护理、学费、运动服、人工智能订阅和疫苗接种，收入超过 100 万令吉的税率为 30%。

吉隆坡，10月9日讯——马来西亚首相拿督斯里安华·易卜拉欣今日在2027年财政预算案演讲中表示，由于马来西亚人将获得更高的税收减免和更低的税率，预计他们将能够额外获得高达1600令吉的可支配收入。

安华今天列举了多项将惠及马来西亚人民，特别是中产阶级或M40群体的税收措施。

他在演讲中表示：“这意味着，增加税收减免和降低个人所得税率将使大约500万纳税人额外获得高达1600令吉的可支配收入。”

税收措施包括将个人所得税减免额从之前的 9,000 令吉提高到 12,000 令吉；以及将马来西亚居民的所得税税率降低一个百分点。

安华还宣布，联邦政府将扩大个人税收减免范围，涵盖更多支出类别，包括产后护理服务、父母和祖父母的照护支出、子女的学费、购买运动鞋、人工智能 (AI) 订阅和疫苗接种费用。

政府还将把年收入超过100万令吉的人的税率调整为30%。

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。

2027年财政预算案：个人所得税减免额提高至12000令吉，个人所得税税率降低