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On 18 October 2024, Malaysia’s Prime Minister and Minister of Finance, Dato’ Seri Anwar Ibrahim tabled the Malaysian Budget 2025, themed “Reinvigorating the Economy, Driving Reforms, and Prospering the People”. This is the third MADANI themed budget, with the largest ever allocation at RM421 billion that aims to drive economic growth, achieve long-term fiscal sustainability and elevate the people’s standard of living. This infographic sets out the key tax highlights from the Budget 2025 announcement.
Click here to access the Budget 2025 - Tax Highlights.
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Sze Li Jene, Legal Assistant, has contributed to this legal update.
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