MALAYSIA TAX BUDGET 2010: TOP PERSONAL TAX RATE REDUCED BY 1%

Beginning from year of assessment 2010, under the proposed legislation, the top personal tax rate has reduced by 1% (i.e. from 27% in YA 2009 to 26% effective from YA 2010). This means that, in respect of chargeable income above RM100,000, for every RM1,000 a person earns, he  will be paying RM10 less in taxes.

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October 28, 2009   Posted in: Malaysia, Personal Tax

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