IRB To Provide Tax Relief For Covid-19 Test And Vaccination Of Up To RM1,000

The Inland Revenue Board of Malaysia (IRB) is set to provide tax relief for Covid-19 detection test and vaccination expenses for self, spouses and children in its 2021 tax relief assessment.


IRB To Provide Tax Relief For Covid-19 Test And Vaccination Of Up To RM1,000

KUALA LUMPUR (Feb 14): The Inland Revenue Board of Malaysia (IRB) is set to provide tax relief for Covid-19 detection test and vaccination expenses for self, spouses and children in its 2021 tax relief assessment.

According to its website, the IRB said an individual can be eligible for a tax exemption of up to RM1,000.

source - CNA

In December last year, Deputy Finance Minister I Datuk Mohd Shahar Abdullah highlighted the introduction of the tax exemption of up to RM1,000 for individuals who take Covid-19 screening tests in provisions under the Finance Bill 2021.

He said the exemption is contained in the amendments to the Income Tax Act 1967.

“The amendments are effective for the 2022 and 2023 years of assessment,” he said when tabling the Finance Bill 2021 in the Dewan Rakyat previously.

Source – The Edge Markets

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