00:00A reminder before watching the video
00:01Popular websites have more content
00:04Today is Prime Minister and Finance Minister Anwar Ibrahim
00:06The date to submit the 2027 budget to Congress
00:10That document is very likely from before the national election.
00:12Final Budget
00:14How high is the sugar content?
00:16Based on the information released today
00:18This budget does indeed include many measures to benefit the people.
00:21But the most noteworthy of these is
00:23What about the government this time?
00:24We also focused on the past few years.
00:27She kept complaining about being ignored.
00:28M40 middle class
00:31This year, Anhua has given special support to the M40 group.
00:33Send a tax reduction gift package
00:36The first step is to address the issues that weren't adjusted in 2017.
00:38Personal basic income tax reduction
00:41From RM9,000
00:42Raised to RM12,000 in one go
00:45in other words
00:46When the taxpayer calculates taxable income
00:48An additional RM3,000 can be deducted.
00:51That's also since 2010.
00:54The government has raised this tax relief amount for the first time.
00:57Besides increasing the basic tax deductions, what else?
01:00The government also directly targeted the middle-income taxpayers.
01:03Taxable income between RM70,000 and RM100,000
01:07The tax rate was reduced to 18%.
01:10The percentage for amounts between RM100,000 and RM150,000 has dropped to 24%.
01:15The tax rates for both tax brackets were lowered by one percentage point.
01:18Allow eligible middle-income taxpayers
01:21Further reduction of tax burden
01:24What is closer to daily life is
01:26This time, even many expenses that were not previously tax-deductible were included.
01:29It has also been included in the scope of tax relief.
01:31From postpartum care
01:33Care expenses for parents and grandparents
01:35To the child's tutoring fees
01:36You buy sneakers
01:38Even subscribing to artificial intelligence (AI) services
01:42All of these are also included in the expanded scope of tax and fee reductions.
01:44Alternatively, through the registration center
01:46Adopting a pet also includes the cost of vaccinating the pet.
01:49It also meets the relevant exemption and reduction requirements.
01:51in other words
01:52This time the government not only lowered the tax rate
01:54They also tried to get tax relief.
01:56More closely reflects the actual living expenses of middle-class families
02:01Prime Minister's Financial Supervisory Commissioner Anwar Ibrahim pointed out
02:03The government has heard the new voice of the M40 group.
02:05This tax cut
02:07First, let's start with a 17-year...
02:08Without adjusting tax relief, take action
02:11However, the government also adopted
02:25Progressive tax system principle
02:27High-income individuals with taxable income exceeding RM1 million
02:31The income tax rate has been uniformly adjusted to 30%.
02:34Anwar said
02:35Increase basic tax relief for individuals
02:38In addition to lowering the tax rate for middle-income earners
02:41It is expected to gather approximately 5 million taxpayers.
02:45Each person can increase their disposable income by up to RM1,600.
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