List of Personal Tax Relief and Incentives in Malaysia

List of Personal Tax Relief and Incentives in Malaysia 2023

Version: CN


March and April are the months to file your taxes for employees across Malaysia. This time of year, everyone is busy filling out tax forms and fulfilling their responsibilities as office workers.

Although employees need to pay taxes when their annual salary reaches a specified amount, the government also provides tax relief benefits as a way to reduce the burden on the people.

The government has released the personal income tax relief which includes up to 26 tax relief incentives, totaling up to RM109,350. Let’s have a look at what can be deducted!

tax relief

 

Relief types Amount
Personal relief
Personal tax deduction RM9000 
Spouse RM4000 
Ex-wife/ex-husband alimony RM4000 
Individual Tuition Fees (Master/PhD)

  • Individual training course (RM1000 only)
RM7000 
Disabled person RM6000 
Disabled spouse RM5000 
Statutory contributions
Life Insurance (Individual and Spouse) RM3000 
Education or medical insurance RM3000 
EPF  RM4000 
SOCSO & EIS  RM350 
Private Retirement Scheme (PRS)  RM3000 
SSPN Net Savings RM8000 
Life, medicine and health-related equipment
Parents’ medical expenses RM8000 
Serious illness medical expenses:

  • Vaccination
  • Health check-up
  • COVID-19 Detection Kit
  • Fertility treatment
RM8000 
Lifestyle:

  • Books
  • Sports equipment
  • Gym membership fee
  • Monthly internet fee
 

 

RM2500 

Lifestyle:

  • Personal computer, tablet, smartphone
RM2500 
Additional sports-related activities

  • Sports equipment
  • Sports venue hire/entry fee
  • Entry fee
 

RM500 

Domestic tourism spending

  • Accommodation costs registered with the Ministry of Tourism and Culture
  • Entrance fees for tourist attractions
 

RM1000 

Electric vehicle equipment

  • Purchasing, installing and renting related facilities
  • EV Charging Costs
 

RM2500 

Breastfeeding equipment (female only)

  • Children under 2 years old
  • Every 2 years
 

RM1000 

Assistive devices for persons with disabilities (individuals, spouses, children, parents) RM6000 
Child relief
Unmarried children under the age of 18 (per person) RM2000 
Unmarried, full-time students over the age of 18

  • A-Level
  • Matriculation/Foundation
  • Diploma Program (Certificate)
 

RM2000 

Unmarried student over the age of 18 studying for a higher education diploma or above

  • Diploma
  • Bachelor, Masters, Doctorate
RM8000 
Nursery / Kindergarten (under 6 years old) RM3000 
Disabled children RM6000 

If you’re thinking of saving more money, remember to fill in these 26 tax deductions when you file your tax returns – and you get to pay either less tax, or no tax at all!


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