Budget 2027 Raises Personal Tax Relief For First Time Since 2010, Cuts Rates For Middle Earners And SMEs
Photo: The Rakyat Post
Budget 2027 cuts income tax rates for middle earners and SMEs, and raises personal relief for the first time since 2010 — but Deloitte says the bigger signal is what was not announced. The absence of any hybrid SST-GST proposal suggests the Government is not ready to redesign how Malaysia…
From the original report
The absence of any hybrid SST-GST proposal suggests the Government is not ready to redesign how Malaysia taxes consumption. For now, it is redistributing the income tax burden instead.
Deloitte Malaysia says Budget 2027 lowers taxes for middle-income earners and small businesses and asks top earners to pay more.
…
This is a brief of a report by another newsroom. The excerpt below is from the original.
Read the full report at The Rakyat Post
The Rakyat Post
Read the full translated article in Japanese →
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About this story
- Source
- The Rakyat Post
- Originally published
- Oct 12, 2026
- Updated here
- Oct 12, 2026
- Produced by
- Malaysia Times desk (brief) — reporting by the source
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