Tax Brackets 2024 Malaysia

Tax Brackets 2024 Malaysia. If you make rm 70,000 a year living in malaysia, you will be taxed rm 10,789. As the next step in the madani economy framework, the madani themed budget 2024 was introduced on 13 october with three focuses in mind.

This publication is a quick reference guide outlining malaysian tax information which is based on taxation laws and current practices. Additional tax relief of rm500 for any expenditures related to purchase of sporting equipment, rental of sporting facilities, payment of registration or competition fees.