Window closing on 2025 tax reliefs

Working it all out: Siew Soo Yee, 37, and Chin Jie Xun lift weights during a workout at a gym in Serdang. They will be able to enjoy expanded tax reliefs for sports equipment and other lifestyle expenses in 2025. — AZHAR MAHFOF/The Star

PETALING JAYA: With days left before the year closes, taxpayers should be pressing the panic ­button now if they want to secure any remaining tax reliefs, tax experts warn.

The experts cautioned that only expenses actually paid by Dec 31, not planned or promised, will qualify for tax relief for the 2025 assessment year.