Malaysia's 2027 Budget Speech was delivered on 9 October 2026. The main Tax Measures are summarized as follows:
- Review of Income Tax Rates for Resident Individuals: Restructure the individual tax bands from Year of Assessment (YA) 2027 by reducing the MYR 70,001–MYR 100,000 rate from 19% to 18%, introducing a MYR 100,001–MYR 150,000 band at 24% (down from 25%), adjusting the 28% band to MYR 600,001–MYR 1,000,000, and lowering the top threshold for the 30% rate to income exceeding MYR 1,00…