ringgitplus2026-05-065 min read
Income Tax Relief Malaysia: What's New For YA 2025?
Check out the link for the RInggitPlus + ThinkTx curated Article by Our Tax Professionals.
This article highlights significant updates to Malaysia's income tax reliefs for the Year of Assessment (YA) 2025. Key changes include a new housing loan interest relief of up to RM7,000 for first-time homebuyers and an increased RM4,000 cap for education and medical insurance. Reliefs for individuals with disabilities and learning disability expenses have also been increased. Notably, the sports relief now covers expenses for parents, and a new claim for food waste composting machines is available. These enhancements, alongside extended nursery and SSPN reliefs, offer taxpayers more ways to reduce their chargeable income and maximize potential refunds.
This article highlights significant updates to Malaysia's income tax reliefs for the Year of Assessment (YA) 2025. Key changes include a new housing loan interest relief of up to RM7,000 for first-time homebuyers and an increased RM4,000 cap for education and medical insurance. Reliefs for individuals with disabilities and learning disability expenses have also been increased. Notably, the sports relief now covers expenses for parents, and a new claim for food waste composting machines is available. These enhancements, alongside extended nursery and SSPN reliefs, offer taxpayers more ways to reduce their chargeable income and maximize potential refunds.
Curated by Curated by Pugaleshwaran Raja Kumaran, Executive Director, Tax at ThinkTx Consultants Sdn Bhd.