BFM 89.9
The Business Station
Unpacking Budget 2026 & What It Signals for Businesses
42 mins·12:00, 13 Oct 2025
Unpacking Budget 2026 & What It Signals for Businesses
42 mins
·
12:00, 13 Oct 2025
·
Recommended
41 mins
42 mins
42 mins
Guest: Farah Rosley, Malaysia Tax Managing Partner, Ernst & Young Tax Consultants
We unpack Malaysia’s 2026 National Budget and its implications for the business community with Farah Rosley, Malaysia Tax Managing Partner at Ernst & Young Tax Consultants.
The continuity in the Budget 2026 reinforces fiscal consolidation and economic resilience, with a strong focus on strengthening existing tax frameworks, targeted incentives, and continued subsidy rationalisation. Key highlights include:
A reduced fiscal deficit target of 3.5% of GDP, signaling continued fiscal discipline.
Subsidy rationalisation measures, including the capping of RON95 petrol, contributing to a total expected savings of RM15.5 billion.
Strengthened tax collection through the nationwide rollout of e-invoicing by mid-2026 and a new stamp duty self-assessment system.
A new outcome-based incentive framework for corporate tax, linking financial support to measurable outcomes like employment and technology transfer.
Key targeted incentives for businesses, including:
An expanded RM1.5 million tax deduction on listing expenses for the energy, utility, and technology sectors.
An accelerated capital allowance to promote domestic direct investment and digital technology adoption.
A 10-year tax exemption for domestic sales from food security projects.
Support for regional integration through initiatives like the Johor-Singapore Special Economic Zone and the ASEAN Business Entity Framework.
A continued focus on sustainability, with enhanced green technology incentives and the impending introduction of a carbon tax.
Brought to you by Mah Sing. Reinvent Spaces. Enhance Life.
Presenter: Roshan Kanesan
Producer: Roshan Kanesan
Share:
Recommended
Oct 13
·
41 minsBudget 2026: Investing in (or Ignoring) the Environment?
Oct 13
·
42 minsUnpacking Budget 2026 & What It Signals for Businesses
Oct 13
·
42 minsBudget 2026: What Every CFO Needs to Know
Recent episodes
0
Latest stories
Videos · Oct 13 · 7:38AM
Belanjawan 2026 | Ada Apa Untuk Orang Muda Part 2
1 min
Videos · Oct 13 · 7:32AM
Belanjawan 2026 | Ada Apa Untuk Orang Muda Part 1
1 min
Podcasts · Oct 13 · 7:00AM
Budget 2026: Investing in (or Ignoring) the Environment?
41 mins
Podcasts · Oct 13 · 41 mins
Budget 2026: Investing in (or Ignoring) the Environment?