tax relief Archives - IQI Blog Your Source for Property Investment, Tips, and Career Fri, 27 Feb 2026 02:22:35 +0000 en hourly 1 https://wordpress.org/?v=6.9 https://iqiglobal-web-revamp.s3.amazonaws.com/wp/blog/wp-content/uploads/2023/03/cropped-IQI-Global-Blog-Favicon-1-32x32.png tax relief Archives - IQI Blog 32 32 Claim Your Tax Reliefs When Filing Your Taxes! | List of Personal Income Tax Relief 2026 Malaysia https://iqiglobal.com/blog/tax-relief-guide/ Thu, 08 Jan 2026 03:41:43 +0000 https://www.iqiglobal.com/blog/?p=63650 Version: BM, CN It’s tax filing season! We’ve come to the time of year where everyone in Malaysia is busy filing taxes (or learning how to – we have just the guide for the tax filing process for you!). Even though you have to pay tax on your chargeable income when your annual salary reaches…

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Version: BM, CN

It’s tax filing season!

We’ve come to the time of year where everyone in Malaysia is busy filing taxes (or learning how to – we have just the guide for the tax filing process for you!).

Even though you have to pay tax on your chargeable income when your annual salary reaches a certain amount, did you know that you can get tax relief benefits from filing your taxes?

What’s better, the MADANI Government has made an exciting announcement for 2025 Budget Malaysia: first-time home buyers can now enjoy a tax break of up to RM7,000 when buying residential properties that cost up to RM500,000.

To qualify for this tax relief, you will need to finalise a home loan agreement from January 1, 2025, to December 31, 2027.

So make sure to keep all of your receipts! Let’s see what you can claim when filing your taxes with the Inland Revenue Board Malaysia:

List of Income Tax Relief for Year of Assessment 2025

1. Individual

ItemRelief Amount
Individual & Dependent RelativesRM9,000
Disabled IndividualRM7,000
Spouse / Alimony PaymentRM4,000
Disabled SpouseRM6,000
Education FeesRM7,000
Skills Enhancement / Self-Development CoursesUp to RM2,000
First Home Loan Interest Relief
i. Residential property price up to RM500,000
ii. Residential property price RM500,001 to RM750,000		RM7,000
RM5,000

Key conditions:

  • Sale and Purchase Agreement dated between 1 January 2025 and 31 December 2027
  • Applicable to the first residential property only

2. Medical & Special Needs

ItemRelief Amount
Self, Spouse or ChildRM10,000
Early diagnosis, intervention & rehabilitation for learning disabilities (children ≤18 years)Up to RM6,000
Parents & GrandparentsRM8,000
Full medical check-up & vaccination for parentsUp to RM1,000
Basic supporting equipment for disabled personsRM6,000

Includes:

  • Serious illnesses
  • Fertility treatment
  • Vaccination (capped at RM1,000)
  • Dental examination and treatment (capped at RM1,000)
  • Mental health screening and consultation
  • Self-test health kits and monitoring equipment

3. Lifestyle

ItemRelief Amount
Lifestyle ExpensesRM2,500
Additional Sports ReliefRM1,000
Electric Vehicle Charger & Domestic Food Waste Composting MachineRM2,500

a. Lifestyle expenses cover:

  • Books and reading materials
  • Personal computer, smartphone or tablet
  • Internet subscription bills
  • Skills development and self-improvement course fees

b. Sports-related expenses include:

  • Sports equipment
  • Facility rental or entrance fees
  • Competition registration fees
  • Gym membership or sports training fees

4. Insurance & Contributions

ItemRelief Amount
Life Insurance & EPF (KWSP)RM7,000
SSPN (National Education Savings Scheme)RM8,000
SOCSO (PERKESO) ContributionsRM350
Private Retirement Scheme (PRS) & Deferred AnnuityRM3,000
Education & Medical InsuranceRM4,000

5. Child Relief

ItemRelief Amount
Child below 18 years old, unmarriedRM2,000
Child aged 18 and above, studying full-time (Diploma and above)RM8,000
Child aged 18 and above, studying pre-university / A-LevelRM2,000
Disabled child, unmarriedRM8,000
Additional relief for disabled child aged 18 and above, studyingRM8,000
Registered childcare / kindergarten feesRM3,000
Breastfeeding equipmentRM1,000

Important notes:

  • Childcare and kindergarten relief applies to children aged 6 and below
  • Breastfeeding equipment relief is for female taxpayers only
  • Claimable once every two years of assessment

If you’re thinking of saving more money, remember to fill in these tax deductions when you file your tax – and get additional relief from paying less tax, or no tax at all!

IQI is constantly expanding! With a positive working environment that encourages continuous growth, joining us as a real estate negotiator might be your best choice. Drop your details below!





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Continue reading:

  1. How to File Your Income Tax in Malaysia (2026 ver.)
  2. The Ultimate Guide on How to Claim Income Tax Refund Malaysia
  3. What is Tax Identification Number Malaysia (TIN) and how can you obtain it?

The post Claim Your Tax Reliefs When Filing Your Taxes! | List of Personal Income Tax Relief 2026 Malaysia appeared first on IQI Blog.

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