Budget 2021 Malaysia - Key summary for individual
Budget 2021 Malaysia - Key summary for individual
The tax highlights of Budget 2021 include:
Reduction in personal income tax rate by one percentage point for tax resident individuals for chargeable income in the band of RM50,001 to RM70,000
Preferential 15% personal tax rate for non-Malaysian citizens holding key positions in companies that relocate their operations to Malaysia under the PENJANA incentive package
& more
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