KUALA LUMPUR: The reduction in income tax will help the lower-income group to cope when the Goods and Services Tax (GST) takes effect in 2015, said MCA young professionals bureau chief Datuk Chua Tee Yong.
He said those with taxable income of between RM50,000 and RM70,000 would have their tax reduced from 19% to 16%.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!