taxsphere2026-04-1010 min read
Budget 2026: Key Tax Highlights
This document details the extended transitional period for e-Invoicing Phase 4 and outlines significant changes to Sales and Service Tax (SST) policies, including reduced rates for rental services and new exemptions for the construction and manufacturing sectors
This comprehensive guide summarizes the major tax reforms from Malaysia's 2026 Budget, covering the introduction of the profit distribution tax, new corporate incentives for AI and automation, the upcoming carbon tax, and expanded personal tax reliefs for families and homeowners.