KUALA LUMPUR, Oct 11 (Bernama) -- Budget 2027’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.
Business : Budget 2027 Tax Measures To Benefit M40, Boost Investment -- PWC Malaysia
Budget 2027, PwC Malaysia, Tax, MSME, M40, Michel
BE Bernama 
Key takeaways
Budget 2027 tax changes aim to help M40 earners with higher relief and lower rates, while increasing top rates for high-income individuals.
- Personal tax relief increased from RM9,000 to RM12,000 for M40 earners.
- A one-percentage-point tax rate cut applies to income between RM70,000 and RM150,000.
- Top tax rate for income over RM1 million rises to 30% from 28%.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
Also reported by New Straits Times
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- Bernama Business : Budget 2027 Tax Measures To Benefit M40, Boost Investment -- PWC Malaysia (this story)
- New Straits Times 2027 Budget tax measures to benefit M40, boost investment – PwC Malaysia
