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Managing medical expenses can be a significant financial challenge. To support taxpayers, the Malaysian government provides comprehensive medical expenses tax deductions for various healthcare needs, including treatment for serious diseases, supporting equipment, and care for parents. This guide outlines all available tax reliefs for medical expenses and related categories for the Year of Assessment (YA)…
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Malaysia’s 2025 lifestyle tax relief allows taxpayers to save on their personal income tax by claiming deductions for specific personal and family expenses. These reliefs cover areas like education, health, and sports. Here’s a detailed guide to help Malaysians maximise their tax reliefs, featuring details on the sports equipment, breastfeeding equipment, and more. 1. 2025…
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As the new assessment year approaches, understanding the personal tax relief measures for the year of assessment 2025 in Malaysia can help individuals significantly reduce their taxable income and maximise income tax savings. The personal tax relief available will alleviate financial burdens and supporting personal growth. This guide provides a detailed breakdown of the individual…