Amir Hamzah urges alumni to support schools, cites tax relief under Budget 2027
KUALA LUMPUR, Oct 18 — Alumni bodies have been urged to strengthen their support for schools, with Finance Ministe...
KUALA LUMPUR, Oct 18 — Finance Minister II Datuk Seri Amir Hamzah Azizan recently emphasized the tax relief available to alumni supporting schools, as announced in Budget 2027. He acknowledged the vital role alumni play in the education system and expressed gratitude for their contributions. Speaking at the St John’s Alumni Association Gala Dinner 2026, Amir Hamzah praised the association's diverse initiatives, which focus on education, scholastic excellence, and sports development.
He called upon alumni to continue their generous support, extending beyond financial assistance, and fostering an environment that benefits future generations. The tax incentive in Budget 2027 offers a deduction of up to 10% of income on cash contributions to Tabung Sumbangan Wang Awam Sekolah, which funds school operations, facility repairs, equipment purchases, and student programs.
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