Budget 2022: Business

Cukai Makmur was imposed on the budget in 2022, as well as other Small and Medium Enterprises (SME). There will also be a reassessment of the handling of unabsorbed losses, as well as a double tax deduction for Anchor enterprises participating in the vendor development program. There was also a monthly incentive for employers with conditions, as well as an income tax rebate, a special deduction for renovation and refurbishment, and a special deduction for renovation and refurbishment.

The following is a breakdown of the planned budget for 2022 under the line of business.

Click here for the main page of Boss Boleh’s Budget Newsletter 2022 Edition

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