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Malaysia Budget 2023

The Budget 2023 themed " Strengthening Recovery, Facilitating Reforms Towards Sustainable Socio-Economic Resilience of Keluarga Malaysia”, was tabled by the Finance Minister, YB Dato' Seri Tengku Zafrul Abdul Aziz in Parliament on 7 October 2022.

Driven by the 3Rs – Responsive, Responsible, Reformist, the RM372.3 billion Budget 2023 will focus on the well-being of the people, business continuity, economic prosperity and the efficiency of government services.

We are pleased to share with you our Budget Adviser publication that outlines numerous updates on the various existing tax measures, as well as other new tax proposals.

Should you need more information or any clarifications about the 2023 Budget, please do not hesitate to get in touch with our Tax team in our respective offices.