On 24 February 2023, Malaysian Prime Minister and Minister of Finance Anwar Ibrahim presented a revised Budget for 2023. As previously reported, the budget was first presented on 7 October 2022, but the parliament was dissolved shortly after ahead of elections held in November 2022. The revised budget includes similar tax measures as proposed in the original budget, although several adjustments have been made. The main tax measures include:
- The revision of the individual income tax brackets …