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Tax & AccountingLegalComplianceOctober 19, 2024

Malaysia Budget 2025 - Tax and Accounting Report

By:Hemala PadmanathanKaren OhLochana NanthacumarPang Siew Mui

On Friday, 18 October 2024, the 2025 Malaysia Budget was delivered in Parliament.

Wolters Kluwer will be providing coverage of all the major economic, tax, accounting reforms and announcements impacting your clients and organisation.
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The following report is a concise overview of the 2025 Budget based on the Budget Statement, written specifically for the tax & accounting sector.

Wolters Kluwer CCH Malaysia Budget Report - Tax & Accounting - Cover

Key highlights are outlined for:

Corporate income tax

Individual tax

Indirect tax

Stamp duty

Carbon tax

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