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What are the Malaysia income tax rates for 2027?
Question
What are the Malaysia income tax rates for 2027?
Answer
From YA 2027, Budget 2027 proposes cutting rates for chargeable income between RM70,000 and RM150,000 by one percentage point (to 18% for RM70,001 to RM100,000 and 24% for RM100,001 to RM150,000) and applying the top 30% rate from RM1 million instead of RM2 million. Self relief also rises to RM12,000. The changes take effect once legislated.
Updated
Oct
2026
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