What tax relief is available for Malaysians seeking to upskill?

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Increased Tax Relief for Upskilling Initiatives

Malaysians who pursue courses to enhance their skills and knowledge can benefit from an increased individual tax relief of RM2,000, an augmentation from the previous RM1,000. This enhanced relief is applicable for the Year of Assessment 2023.
Upskilling Tax Relief Enhancement

The government has doubled the individual tax relief available for upskilling and self-enhancement courses. Previously capped at RM1,000, this relief has been raised to RM2,000 for individuals undertaking such educational pursuits.
Extended Application Period

This increased tax relief is not limited to a single year; it has been extended and will be available for individuals who engage in upskilling activities during the Year of Assessment 2023. This provides a longer window for taxpayers to take advantage of this incentive.
Aim to Enhance Employability

The introduction and enhancement of this tax relief are part of broader initiatives aimed at improving the employability of the Malaysian workforce. By encouraging individuals to acquire new skills, the government seeks to ensure that the workforce's capabilities align with market demands.

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What tax relief is available for Malaysians seeking to upskill?

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