Budget 2027 marks the second Budget under the 13th Malaysia Plan (13MP) and the fifth MADANI Budget, with a focus on supporting the rakyat while strengthening Malaysia’s growth, resilience and competitiveness. Guided by the priorities of raising the ceiling for national growth, raising the floor for living standards and driving governance reform, it builds on the progress of the Ekonomi MADANI framework.
Against this backdrop, tax measures will continue to be an important part of the Budget conversation. To help you stay updated, our tax leaders share their perspectives on the latest tax developments and key considerations for businesses ahead of Budget 2027.
See what our tax leaders have to say on:
- Nanyang Siang Pau: KPMG: Budget 2027 should strengthen tax relief for middle-income households
- Bernama: KPMG Malaysia calls for targeted input tax credit, timely refunds if GST features added to SST
- Business Today: Budget 2027 commentary: KPMG urges govt to go beyond tax concessions
- Business Today: e-Invoice reset gives small firms breathing room, sharpens tax focus
- The Edge: My Say: Budget 2027: Balancing fiscal responsibility with social support
- New Straits Times: Existing taxes key to 2027 Budget, expect few major changes: Expert
- Nanyang Siang Pau: Violations may result in a RM20,000 fine or six months' imprisonment; KPMG reminds that electronic invoices require data verification