Income Tax Reliefs for 2023 Year of Assessment

It’s that time of the year again. It’s tax season for our Malaysian tax payers!

If you haven’t, it’s time to dig out the receipts from the past year, sort them out, and file your taxes online. 

But wait! Before getting down to filing your taxes online. You might want to know what are the tax reliefs available to you. Knowing what you can claim, can help you to save on your taxes. 

If this is your first time filing taxes or you need a refresher, cause maybe it’s more than 6 months. In this video, we’ll walkthrough what are the tax reliefs for the Year of Assessment 2023.

To know more about income tax, you can watch my previous video here.

So, there are up to 26 tax relief incentives, totalling up to about RM150k+ in tax savings!

Since there are a whopping 26 tax relief incentives, we’ll categorise them into 4 categories:

So, I hope this list of tax reliefs has given you a clearer idea of what you can and cannot claim from your taxes.

If you’ve any further questions about taxes and tax reliefs, do not hesitate to contact the LHDN or income tax department customer service for support, or you can visit the nearest LHDN branch.

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