CYBERJAYA (Dec 19): The Inland Revenue Board (IRB) has processed RM17 billion in tax refunds covering 3.53 million cases between Jan 1 and Dec 18, 2025. In a statement Friday, the IRB said the refunds included an additional RM2 billion allocation recently announced by Prime Minister Datuk Seri Anwar Ibrahim. “RM2 billion has been processed and credited between Dec 9 and Dec 18, 2025, covering 7,819 cases. On Dec 7, 2025, Anwar said the government had increased the tax refund allocation from RM2 billion to RM4 billion to accelerate outstanding payments to taxpayers. The IRB confirmed it will continue to ensure refunds are disbursed systematically and progressively, prioritising the largest amounts and outstanding refunds involving SMEs.

Source: The Edge Markets December 19, 2025 14:01 UTC