
Malaysia has unveiled Budget 2027 on 9 October 2026, setting the direction for the nation’s next phase of economic growth and reform as it enters the second year of the 13th Malaysia Plan (13MP) 2026–2030. The Budget continues to be anchored in the MADANI Economy framework, with a dual focus on strengthening Malaysia’s competitiveness and growth potential while expanding opportunities and improving the well-being of the rakyat.
Against a backdrop of global uncertainties, technological disruption and evolving economic priorities, Budget 2027 is expected to further advance Malaysia’s reform agenda and strengthen the country’s position for long-term growth.
This Budget Adviser outlines the various tax updates, tax initiatives and new incentives announced under Budget 2027.
Budget Adviser 2027
Key Highlights of Tax Updates, Tax Initiatives and New Incentives Announced under Budget 2027