Malaysia budget proposes tax cuts for middle-income earners and small businesses

Malaysia’s 2027 budget proposes tax breaks for some middle-income taxpayers and small businesses.

The changes could save up to RM1,600 for five million taxpayers and up to RM6,000 for about 300,000 businesses.

The government says the measures are intended to ease financial pressure.

But some business owners say the relief may not solve wider concerns about costs and government policies.