Increase in limit of tax relief for fees paid to childcare centers and kindergartens. To assist the financial burden of parents in providing childcare and early childhood education, it is proposed that individual tax relief be increased from RM1,000 to RM2,000.
Extension of tax exemption for women returning to work from a career break. It is proposed that the existing tax incentive be extended for a period of four (4) years from Year of Assessment 2018 to Year of Assessment 2024.
Expansion of scope of income tax relief for medical expenses. The scope of income tax relief on medical treatment expenses be expanded to cover the cost of fertility treatment.
Extension of period of income tax deduction on Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) loan amount paid by employers on behalf of employees. To encourage more employers to make PTPTN loan repayments on behalf of their employees, the personal income tax exemption for employees be extended for further period of two (2) years.
Income tax rebate for departure levy imposed on outbound air passenger performing umrah and pilgrimage to holy places. The rebate is equivalent to the amount of levy paid, to be given and can be claimed twice in a lifetime.
Donation for charitable and sports activities and projects of national interest. Deduction on approved donation be increased from 7% to 10% of aggregate income.
Eligibility for SOCSO contribution will be expanded to cover self employed individuals in 18 key sectors and eligible spouse under i-Suri programme:
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