More than 20% tax on those earning above RM100,000, says Amir Hamzah

KUALA LUMPUR: A tax rate exceeding 20% will be set for individuals who earn an income of over RM100,000, says Datuk Seri Amir Hamzah Azizan (pic). The Finance Minister II said this in his winding-up speech on the Supply Bill 2025 debate in the Dewan Rakyat late Wednesday (Nov 13). However, he did not specify if the RM100,000...

Expect EV road tax rate to be announced next month, says Loke

KUALA LUMPUR: The Transport Ministry is in the final stage of reviewing the road tax rate structure for electric vehicles (EVs), and it is expected to be announced next month, says Anthony Loke Siew Fook. The Transport Minister said road tax for EVs would be cheaper than the road tax for Internal Combustion Engine (ICE) vehicles,...

JB property owners file complaint over property assessment increment

JOHOR BARU: About 3,850 property owners have filed their objection with Johor Baru City Council (MBJB) over the increase in their property assessment. Johor Baru mayor Datuk Mohd Noorazam Osman said that the objection was for their property value, not on the assessment rate imposed by the city council. “Only 1.1% out of the 350,000 property owners...