What is the total sum of excess tax refunded to businesses?

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Government Refunds RM8.95 Billion in Excess Tax Payments to Businesses

As of June 30, 2026, the government has refunded a total of RM8.95 billion in excess tax payments to corporate taxpayers, a group that includes micro, small, and medium enterprises (MSMEs). This significant sum represents a portion of the overall RM14.7 billion in excess tax payments that were returned across 3.17 million taxpayer cases. The refunds to businesses were distributed among 76,511 corporate entities.
Refunds to Corporate Taxpayers Detailed

The RM8.95 billion figure specifically accounts for the excess tax payments returned to companies, encompassing a wide range of businesses from large corporations to smaller MSMEs. This category saw 76,511 distinct corporate entities receive refunds. The Ministry of Finance has indicated that this process is managed with a focus on fairness and efficiency.
Emphasis on MSMEs and Cash Flow

Within the corporate refund category, a notable number of MSMEs, specifically 23,356 such enterprises, benefited from these reimbursements. The Inland Revenue Board of Malaysia (LHDN) has stated its commitment to processing cases by prioritising MSMEs and companies experiencing cash flow challenges, ensuring that government allocations for refunds are distributed effectively.
Broader Tax Refund Initiative

These refunds are part of a larger government initiative to address excess tax payments, with a total of RM14.7 billion being returned to 3.17 million taxpayers by mid-2026. The Ministry of Finance affirmed that outstanding tax refunds are being processed and paid as swiftly as possible, while also undergoing necessary verification of information and supporting documents submitted by taxpayers.

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