Budget 2027: How much tax could Malaysians save under the proposed new rates? We did the maths for you
Photo: Malay Mail
KUALA LUMPUR, Oct 16 — How much will you be able to save in taxes in Malaysia, based on the proposed new income tax rates and individual tax relief in Budget 2027?But first, very...
From the original report
But first, very quickly, take a look at how the government proposes to change the income tax rate from 2027 onwards:
The main changes include reducing the tax rate for the chargeable income band of RM70,001 to RM100,000 from 19 per cent to 18 per cent, and reducing it for the RM100,001 to RM150,000 band from 25 per cent to 24 per cent.
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This is a brief of a report by another newsroom. The excerpt below is from the original.
Read the full report at Malay Mail
Malay Mail
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About this story
- Source
- Malay Mail
- Originally published
- Oct 15, 2026
- Updated here
- Oct 16, 2026
- Produced by
- Malaysia Times desk (brief) — reporting by the source
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