Tax incentives for both middle and high-income earners


The burden on taxpayers, middle as well as high-income earners, will be reduced in line with the introduction of the Goods and Services Tax (GST) next year, said Datuk Seri Najib Tun Razak.

During the Budget 2015 announcement yesterday, the Prime Minister said with the lowered tax rates, taxpayers earning RM4,000 and less will no longer have to pay personal income tax for the year of assessment 2015.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Nation

Sanusi apologises to Anwar for making any inappropriate remarks
Don't make comparisons to previous govt, says Dr Wee on country's press freedom ranking
Two more cops nabbed over RM1.25mil extortion case
Number of Kota Tinggi flood victims up to 300
Issue warning, not RM250,000 fine for first-time 'no palm oil' label offences, urges Mydin boss
Anwar attends development meeting in Kedah
Pejuang to make its presence felt in Sabah polls, says Mukhriz
Perak govt mulls postponing upgrade of Teluk Intan's leaning tower to next year
Foreign media reports on fuel price hike not true, Cabinet yet to discuss, says Fahmi
More racial interaction needed to stamp out extremist views, says Umno VP

Others Also Read