PETALING JAYA: With the cost of essentials such as food, housing and healthcare continuing to rise, calls are growing to raise the individual income tax relief threshold of RM9,000, which has remained unchanged since 2010. Financial Planning Association of Malaysia president Alvin Tan said the RM9,000 individual tax relief has lost much of its impact over time. Economist and policy specialist Dr Geoffrey Williams said that if personal tax relief had been index-linked to inflation, it would now stand at RM12,240. Any upward revision of the personal tax threshold, he added, should be accompanied by broader revenue measures. A 1% EPT could raise RM28.8bil, helping offset revenue losses from a higher income tax threshold,” he said.

Source: The Star December 28, 2025 00:50 UTC