Tax Relief

Finance

Tax relief is an amount you can deduct from your total income before tax is calculated, which lowers the income that gets taxed and therefore your tax bill. Malaysia offers many personal reliefs, for example for EPF and life insurance, medical expenses, education fees, lifestyle purchases, childcare, and dependants. Each relief has its own eligibility rules and a maximum yearly cap, and you should keep receipts as proof. Reliefs differ from rebates, which are deducted directly from the tax payable. The list of reliefs and their limits changes with each national budget and is subject to the latest rules.

Tax Relief

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