Malaysia to Reduce Income Tax Rate for RM70,000 to RM150,000 Earners in 2027

Malaysia to Reduce Income Tax Rate for RM70,000 to RM150,000 Earners in 2027

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The 2027 budget announcement includes a reduction of individual income tax rates by one percentage point for resident taxpayers earning between RM70,000 and RM150,000. This change aims to provide tax relief to middle-income earners in Malaysia.

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Originally published by gnews