The government is raising individual income tax relief for the first time since 2010, while expanding deductions to cover more everyday expenses. The measures include tax relief for AI subscriptions, pet vaccinations and pet adoption, alongside lower tax rates for selected income brackets.
Individual income tax relief will be increased from RM9,000 to RM12,000 under Budget 2027. Prime Minister Datuk Seri Anwar Ibrahim announced the changes while tabling the national budget in the Dewan Rakyat today, saying they are intended to ease the cost-of-living burden on middle-income earners.
