This actually the income tax relief for Malaysian. And it’s for 2018 (meaning tax filed in 2019).
What is an income tax relief?
Tax reliefs are set by LHDN, where our taxable income could be exempted for a certain amount. The government aimed to encourages or facilitates certain activities and behaviors to lighten our financial burdens as well as an economic stimulus.
Therefore, if planned properly, we can save a significant amount on our taxable income.
Guide from tax relief 2018
So, taking tax relief from 2018 as a guide, we can actually planned for 2019.
So, plan well and you will save money.