October 25, 2009

Updates: Do We Lose Out in Budget 2010?

Let's revisit some of the Budget 2010 goodies that were announced last Friday that have direct financial impact on the working population:
  • Increased personal tax relief from RM8,000 to RM9,000
  • Reduction of maximum tax rate from 27% to 26% for chargeable income of RM100k or more
  • Broadband subscription fee tax relief of up to RM500
  • Service charge of RM50 per credit/charge card and RM25 per supplementary card
  • RPGT tax of 5% for property disposition

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