KUALA LUMPUR, Oct 11 (Bernama) – Budget 2027’s personal income tax relief measures could provide annual tax savings of up to RM1,600 for approximately five million taxpayers, supporting middle-income consumption, said CIMB Securities Sdn Bhd.
Business : Budget 2027 Tax Relief Could Save Five Million Taxpayers Up To RM1,600 Annually â CIMB Securities
Budget 2027, tax, wage, investment, relief, CIMB S
BE Bernama 
Key takeaways
Budget 2027's tax relief could save five million taxpayers up to RM1,600 annually, according to CIMB Securities.
- Personal income tax relief increased, raising basic tax relief to RM12,000.
- MSMEs and manufacturers benefit from lower tax rates and sales tax recovery.
- Budget 2027 aims to support household incomes and consumption with fiscal discipline.
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