In brief
On 9 October 2026, the Malaysian Government unveiled Budget 2027, setting out a broad range of proposed tax measures for individuals and businesses. The proposals include revised income tax rates and reliefs, enhanced incentives for strategic and green investments, stamp duty reliefs, and targeted indirect tax changes. The Budget also introduces measures to strengthen local supply chains, support treasury and fund management activities, and encourage digitalisation and AI adoption. This infographic summarises selected tax measures proposed under Budget 2027 and the key changes from the current position. The proposals outlined in Budget 2027 are subject to the enactment of the relevant legislation.
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Chloe Ng, Legal Assistant, has contributed to this legal update.
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