Budgets & Tax | CompareHero

Budget 2020: What Has Been Implemented?

By Vino Kurukullam
October 17, 2019

Phew! Anticipation was through the roof as we diligently listened to what was broadcasted last Friday. I’m talking about the annual national budget that was tabled in Dewan Rakyat on October 11, 2019. With themes ‘Shared Prosperity’ and ‘Kemakmuran Bersama’ spearheading the highly-anticipated event, we were all eager to know if the proposed key initiatives […]

Budget 2020: Live Updates On Oct 11

By CompareHero.my
October 11, 2019

Stay tuned to this page as we’ll be conducting live Budget 2020 updates on October 11, 2019 at 4pm. Days Hours Minutes Seconds The annual national budget is taking place on October 11, 2019, with themes ‘Shared Prosperity’ and ‘Kemakmuran Bersama’ spearheading the highly-anticipated event. Making its mark as the second annual budget presentation for […]

Budget 2020: What Can We Expect?

By Vino Kurukullam
October 8, 2019

Hello Malaysia! We’ve entered October and it only means that we get to see what’s in store for us next year when Lim Guan Eng, our Minister of Finance presents the annual budget on October 11, 2019. The annual national budget has been one of the most anticipated events for Malaysians year in, year out as […]

Budget 2020 / Belanjawan 2020 Needs Your Ideas And Suggestions

By CompareHero.my
August 9, 2019

In the run-up to Malaysia’s Budget2020 or Belanjawan2020, the government is seeking ideas and suggestions from its citizens as it looks to boost economic growth while narrowing the fiscal deficit. Budget 2020 will be tabled by Minister of Finance, YB Tuan Lim Guan Eng on Friday, 11th October 2019. Malaysians from all walks of life […]

Golongan Isi Rumah B40, M40 dan T20 di Malaysia Berdasarkan Pendapatan

By CompareHero.my
August 8, 2019

Klasifikasi Pendapatan di Malaysia dibahagikan kepada tiga golongan, iaitu T20, M40, dan B40. Maksudnya, pendapatan isi rumah bulanan penengah bagi kumpulan terendah 40% (B40), kumpulan pertengahan 40% (M40) dan kumpulan tertinggi 20% (T20). Ini adalah hasil daripada kaji selidik Penyiasatan Pendapatan Isi Rumah dan Kemudahan Asas (PPIR & KA) oleh Jabatan Perangkaan Malaysia. Kajian PPIR […]

The T20, M40 And B40 Income Classifications in Malaysia

By CompareHero.my
August 5, 2019

Malaysians are categorised into three different income groups: Top 20% (T20), Middle 40% (M40), and Bottom 40% (B40). This is based on the Department of Statistics’ (DOSM) Household Income and Basic Amenities (HIS/BA) survey of 2016. HIS/BA is conducted twice every five years and DOSM is currently conducting the 2019 survey nationwide. Over the years, […]

It’s Good To Be A Selangorian!

By Vino Kurukullam
August 2, 2019

Cozy neighborhood, amenities within a stone’s throw are just two things to describe Selangor. What if I told your there’s 13 more! Lets dive straight into some of the perks being a Selangorian.

7 Tax Exemptions in Malaysia You Should Know About

By CompareHero.my
April 29, 2019

[Updated on 29th April 2019] Tax season can be a stressful time for anybody. If you’re already juggling your bills, groceries, and other housing expenses, finding out that you owe the government back taxes can be a real nightmare.

Costs Everyone Forgets to Budget For

By CompareHero.my
April 26, 2019

Preparing a meticulous budget is indeed the best way to keep track of your daily spending. An effective budget will keep track of every cent going in and out of your pocket, ensuring that it is categorised and allocated properly. However, when some items are forgotten, the budget planning just goes into the drain – […]

6% Tax on Digital Services passed, begins 1 Jan 2020

By Lord Tan
April 9, 2019

Remember the Digital Tax mentioned in the tabling of the 2019 Budget? The bill has now passed in the Dewan Rakyat. The tax is set to be imposed on foreign digital service providers starting 1 January 2020. Deputy Finance Minister Datuk Amiruddin Hamzah explained that the upcoming digital tax has a lower rate than that […]

2019 Malaysia Income Tax e-Filing Guide for Newbies

By Lord Tan
March 20, 2019

Filling income taxes in 2019 don’t have to be complicated for Malaysians – especially new tax-payers! If you want to know how to get started and know the tax reliefs & benefits for you, read on!

BelanjawanKu – A Guide For A Better Budget

By Vino Kurukullam
March 4, 2019

Having troubles managing your budgets? Now we finally have a guide courtesy of the Ministry of Finance and Employee Provident Fund(EPF). The finance ministry has launched the BelanjawanKu guide which is an initiative by EPF. BelanjawanKu is a reference budget for Malaysians that includes expenditure required by individuals and families to lead dignified lives with active […]

2019年财政预算案: 马来西亚收入不平等的现象

By CompareHero.my
December 3, 2018

收入不平等，收入差距虽然用词不同，但是都是指同一件事，那就是有些人赚的钱比别人多。这对于大众来说是个敏感话题，毕竟牵涉到一个人的薪水。但是薪水的差异有什么影响？

2019年的“B40预算案“–是否做到公平公正?

By CompareHero.my
November 27, 2018

马来西亚2019年的预算案已经出炉。这个预算案被很多人称为“B40预算案”，因为它里面有许多方案来援助最底层的40%的家庭（B40群组）。在部长演讲时，他做出了几个以维护这个群组的声明。整个演讲总共有78页，让我们看看一些大纲。

New Taxation Rates In Malaysia According To Budget 2019

By Lord Tan
November 8, 2018

Budget 2019 was expected to be a burden with the introduction of the new taxes, plus the pre-budget warnings that it will be the most difficult budget ever. The new taxes include a soda tax, digital tax, as well as a departure levy – to name a few.

Budget 2019: Summary Infographics To See

By Lord Tan
November 6, 2018

There’s just so much to read about the Budget 2019. Among the many topics, not all will be applicable or relatable to each individual. Want to get up to speed on what matters to you in the Budget? These are the infographics to see.

The B40 Budget – Fair and Just?

By Vino Kurukullam
November 5, 2018

So the most anticipated Malaysia Budget 2019 has just been tabled. There have been many reactions to this somewhat interesting budget presentation by our Finance Minister, YB Lim Guan Eng on November 2nd 2018. There are many ways to analyse this budget but i guess the most glaring aspect of this budget is that it’s […]

Malaysia Budget 2019 – Live Updates at 4PM

By Lord Tan
November 2, 2018

Our Closing Thoughts on Budget 2019 Adoi – that was a lot to take in! Lim Guan Eng was, admittedly, speaking so fast that we had a hard time catching up. This budget announcement was heavy and carries three significant themes: Institutional Reforms People’s Well-being Pollution & Entrepreneurial Culture The total budget allocated for 2019 is total of RM314.55 […]

Impact Of Income Gap and Disparity of Wealth In Malaysia

By CompareHero.my
October 31, 2018

Updated: 31 October 2018 Income inequality, income gap, income disparity, these are all different words that refer to one simple thing – some people make more money than others. This is a sensitive issue to discuss within society because it involves a person’s salary. But how does the difference in salary matter?

Budget 2019 Malaysia: Looking at the Rakyat’s Suggestions

By Lord Tan
October 29, 2018

As we all know, the Belanjawan 2019 website allows citizens of Malaysia to share their suggestions on what the government should consider for specific categories. There have been many different suggestions for the different categories. We put together some of these suggestions to bring up notable suggestions for the budget.