KUALA LUMPUR, Oct 13 (Bernama) -- Rakuten Trade Sdn Bhd sees the consumer sector as the main beneficiary of Budget 2027, in view of the individual income tax relief that could strengthen spending power among middle-income Malaysians.
Business : Budget 2027: Tax Relief To Boost Consumer Spending, Says Rakuten Trade
household, tax measures, Budget 2027, Rakuten Trad
Key points
- Head of Research Kenny Yee said that beyond the extended cash handouts and wider tax reliefs, the recalibration of personal income tax could unleash potent spending power among middle-income households.
- The government estimates that the combined tax measures could provide five million taxpayers with up to RM1,600 in additional disposable income.
- Beyond consumer spending, the digital equity broker said it views 2027 as a "year of delivery" for the construction sector.
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- Bernama Business : Budget 2027: Tax Relief To Boost Consumer Spending, Says Rakuten Trade (this story)