Sports industry not facing lack of sponsorship but proposals fail to convince sponsors — Minister
KUALA LUMPUR, Dec 25 — Youth and Sports Minister Hannah Yeoh believes the sports industry in Malaysia is not actually facing a lack of sponsorship,...
Budget 2025: Infrastructure development, tax relief to boost cyber security
KUALA LUMPUR, Oct 6 — The development of a stronger cyber security infrastructure as well as tax relief incentives for companies that invest in digital...
Orangutan programme says donations eligible for tax relief
KUALA LUMPUR, Aug 21 — Donations to a Malaysian orangutan conservation programme will be eligible for tax relief, including funds that come from palm oil...
LHDN: Tax relief for children among key tax savings measures
KUALA LUMPUR, Aug 20 — Tax relief for children under a taxpayer’s care is one of the most commonly and easily claimed deductions that can...
Sports training fees to get tax relief from 2025, says minister
PUTRAJAYA, April 19 — Payment of fees for training or classes in esports, equestrian, swimming, motorsports and taekwondo is eligible for tax relief of up to RM1,000 from...
Tax exemption for sports training a game changer
PUTRAJAYA, Oct 14 — The tax relief to purchase sports equipment and activities, which was extended to cover the cost of sports training fees under...
Budget 2024: KBS requesting tax relief for sports training fees — Minister
KOTA KINABALU, Sept 2 — The Ministry of Youth and Sports (KBS) is working to include sports training fees in the list of lifestyle tax...
Finance Ministry not proposing income tax relief to disabled B40, M40 for vehicle purchase
KUALA LUMPUR, June 22 — The Finance Ministry has no plans to give income tax relief to the disabled (OKU) in the B40 and M40...
Tax relief for SSPN depositors to continue until 2024
KUALA LUMPUR, June 17 — Depositors of the National Education Savings Scheme (Simpan SSPN) will continue to enjoy income tax relief until 2024 on net...
Luxury goods tax will not affect tourism sector — Deputy minister
KUALA LUMPUR, March 15 — The luxury goods tax which is being finetuned will not affect the country’s tourism sector, said Deputy Finance Minister Steven...
Selangor considers tax relief to help hotel operators
By Siti Rohaizah Zainal SHAH ALAM, Aug 27 — The state government mulls over the suggestion to give tax relief or deferment on tax payments...
Tax exemptions for Covid-19 treatment, vaccine — MOF
KUALA LUMPUR, Dec 16 — The Covid-19 treatment and vaccine costs for parents of taxpayers can be tax deducted under expenses for medical, special needs...