KUALA LUMPUR, Oct 9 (Bernama) -- Budget 2027 is expected to channel savings from targeted subsidy reforms and stronger revenue collection back to the rakyat and businesses while maintaining fiscal discipline, said PwC Malaysia.
Business : Budget 2027 Channels Savings Back To Rakyat, Businesses While Maintaining Fiscal Discipline â PwC Malaysia
Budget 2027, PwC Malaysia, Wong & Partners, tax in
BE Bernama 
Key takeaways
Budget 2027 aims to return savings to citizens and businesses while maintaining fiscal discipline, with tax cuts and incentives for SMEs and investors.
- Federal revenue is projected to rise to RM380.8 billion in 2027, enabling tax relief for middle-income individuals and SMEs.
- The Global Services Hub incentive offers a 5% tax rate for up to 30 years, attracting regional headquarters to Malaysia.
- Manufacturers can reclaim sales tax on machinery and raw materials, reducing the cascading tax effect.
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