Budget 2027 proposes retaining Malaysia’s highest personal income tax rate at 30%, while lowering the chargeable income threshold at which it applies.

Previously, the 30% rate applied to the portion of chargeable income exceeding RM2 million. Under the proposed change, it would apply to the portion exceeding RM1 million.

Malaysia uses a progressive tax system. The 30% rate would not apply to a taxpayer’s entire income, but only to the portion that falls within the highest tax band. Income in the lower bands would continue to be taxed at their respective rates.

Example

Suppose a Malaysian tax resident has annual chargeable income of RM1.5 million. Under the proposed change, the portion above RM1 million would be RM500,000:

RM500,000 × 30% = RM150,000

This RM150,000 is the tax on the portion in the highest band, not the taxpayer’s total income tax payable. The remaining income would be taxed at the applicable rates for the lower bands.

The proposed change is worth noting for higher-income individuals, particularly those with substantial salaries, bonuses, directors’ fees or other taxable income. Reviewing one’s tax position in advance can help with planning and budgeting.

A higher tax band is not a reason to deliberately earn less. The focus should be on proper tax planning and accurate reporting.

Budget 2027：个人所得税30%最高税率拟适用于超过RM100万的部分

《2027年财政预算案》提出维持马来西亚个人所得税30%的最高税率，同时下调适用该税率的课税收入门槛。

过去，超过RM200万的课税收入部分适用30%税率。根据拟议调整，超过RM100万的部分将适用30%税率。

马来西亚采用累进税率制度。30%税率并非适用于纳税人的全部收入，而只适用于落入最高税阶的部分；较低收入区间仍按各自适用税率计算。

举例说明

假设一名马来西亚税务居民的年度课税收入为RM150万。根据拟议调整，超过RM100万的部分为RM500,000：

RM500,000 × 30% = RM150,000

这RM150,000是最高税阶部分的税额，并非该纳税人的全年所得税总额。其余收入仍按较低税阶的适用税率计算。

对于高收入人士而言，这项拟议调整值得关注，尤其是有高额薪资、奖金、董事酬金或其他应课税收入的人士。提前检视个人税务状况，有助于做好规划与预算。

税阶提高并不是刻意减少收入的理由。重点应是妥善进行税务规划，并准确申报收入。

Retirement is often a time to slow down, but everyday expenses such as groceries, medicine and bills continue. Budget 2027 increases assistance for senior citizens to RM1.3 billion, benefiting nearly 200,000 recipients.

While this may not fund a retirement in Switzerland, the support can help ease some of the financial pressure on older people.

Budget 2027：为年长者提供RM13亿援助

退休生活原本应让人放慢脚步，但日常开销——包括食品、药物和各类账单——仍会持续。《2027年财政预算案》将年长者援助金额提高至RM13亿，预计惠及近20万名受益者。

这笔援助或许不足以支撑在瑞士退休生活，但每一令吉的支持，都有助减轻年长者的一些经济压力。

From 1 January 2027, the service tax rate on elderly care is set to decrease from 8% to 6%. Care fees of up to RM96,000 a year may also qualify for a full exemption.

These changes could help reduce the cost of elderly care and ease one part of retirement planning.

Budget 2027：长者护理服务税率下调，护理费用或可获豁免

从2027年1月1日起，长者护理服务的服务税税率将从8%下调至6%。每年不超过RM96,000的护理费用也可能符合全额豁免条件。

这些调整有望降低长者护理成本，为退休规划减轻一部分负担。

A useful retirement principle is to avoid withdrawing all your savings before the remaining balance has had a chance to continue earning returns.

Under i-Emas, EPF members reaching the ages of 55 and 60 can opt to make monthly withdrawals, while the remaining balance continues to earn dividends.

The approach allows members to draw on part of their savings while keeping the rest invested. Even in retirement, your money can continue working for you.

Budget 2027：i-Emas为EPF会员提供每月提取退休储蓄的选择

退休理财有一项实用原则：不要在剩余储蓄还可以继续赚取收益之前，就把所有资金提取出来。

根据i-Emas，年满55岁及60岁的EPF会员可选择每月提取款项，同时让账户中的剩余余额继续赚取股息。

这种方式让会员可以提取部分储蓄，同时保留其余资金继续投资。即使退休后，储蓄也可以继续为您带来收益。

Growing older should come with greater care and attention, not less. Budget 2027 proposes a Senior Citizens Bill to address the neglect of older people and plans to train 8,000 people for elderly care work.

These measures highlight the importance of supporting older people and those who care for them, so that retirement does not mean having to face everything alone.

Budget 2027：拟加强对年长者的支持

随着年龄增长，年长者应获得更多照护与关注，而不是被忽视。《2027年财政预算案》提出制定《年长者法案》（Senior Citizens Bill），以应对年长者遭忽视的问题，并计划培训8,000名从事长者照护工作的人士。

这些措施突显了支持年长者及照护者的重要性，让退休生活不必意味着凡事都要独自面对。

Budget 2027 proposes expanding tax relief for the care of parents and grandparents to cover a wider range of eligible care expenses, rather than limiting relief to medical costs.

This could allow children or grandchildren to claim relief for qualifying care expenses incurred for their parents or grandparents, subject to the applicable requirements.

The proposal may provide some tax support to families caring for older relatives, recognising that care involves more than medical bills.

Budget 2027：扩大照顾父母及祖父母的税务减免范围

《2027年财政预算案》提出扩大照顾父母及祖父母的税务减免范围，将更多合资格的照护费用纳入其中，而不再仅限于医疗开销。

在符合相关条件的情况下，子女或孙辈可能可就照顾父母或祖父母所产生的合资格费用申报减免。

这项提案有望为照顾长辈的家庭提供一定税务支持，也体现出照护所涉及的费用并不只有医疗账单。

Budget 2027 proposes introducing a new e-commerce bill to make foreign platforms more accountable and strengthen protections for local sellers.

The proposal aims to support fairer competition in online marketplaces, where local businesses may face pressure from overseas platforms with greater resources and aggressive pricing.

If implemented as intended, the measure could help create a more level playing field for local sellers.

Budget 2027：拟通过电商法案加强对本地卖家的保障

《2027年财政预算案》提出制定一项新的电商法案，以加强对外国平台的问责，并强化对本地卖家的保障。

这项提案旨在促进线上市场的公平竞争。本地企业在电商平台上可能面临来自资源更充足、定价积极的海外平台的竞争压力。

若按预期落实，这项措施有望为本地卖家营造更公平的竞争环境。

For small and medium-sized enterprise (SME) owners looking to obtain halal certification and improve business operations, Budget 2027 offers support in two areas.

First-time applicants may receive up to RM5,000 towards halal certification. In addition, support is available to help 4,000 micro, small and medium-sized enterprises (MSMEs) adopt artificial intelligence (AI) and automation.

These measures could help businesses become halal-certified and make greater use of digital tools—so there may be fewer tasks that the boss has to handle personally.

Budget 2027：支持MSME申请清真认证及推动数码化

对于希望申请清真认证、改善业务运营的中小企业（SME）业主来说，《2027年财政预算案》在这两方面提供了支持。

首次申请清真认证的企业可获得最高RM5,000的资助。此外，相关支持措施也将协助4,000家微型、小型及中型企业（MSME）采用人工智能（AI）与自动化技术。

这些措施有助企业申请清真认证，并在业务中更广泛地运用数码工具，减少凡事都要老板亲自处理的情况。