2027 Budget tax measures to benefit M40, boost investment – PwC Malaysia
KUALA LUMPUR: The 2027 Budget’s personal tax relief measures are expected to provide additional financial breathing room for middle-income earners (M40), while targeted incentives for businesses and investors could support investment growth, according to PwC Malaysia.
The 2027 Budget tax measures announced by the Malaysian government are expected to provide financial relief for middle-income earners (M40) and boost investment growth, according to PwC Malaysia. The increase in personal tax relief from RM9,000 to RM12,000, coupled with a one-percentage-point reduction in income tax rates for the M40, aims to provide additional disposable income for taxpayers in this group.
Furthermore, targeted incentives for businesses and investors, such as enhancements to the Global Services Hub incentive and the extension of income tax exemptions for individual investors through equity crowdfunding platforms, are expected to strengthen Malaysia's appeal as a regional base for multinational companies and support the startup financing ecosystem.
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