Personal Tax Relief 2024

Get ready for the 2024 personal tax relief updates and start planning your tax savings early!

Please note, any adjustments will be subject to official announcements from LHDN.

TAX RELIEF 2024

Personal Tax Relief

1. Personal Relief RM9,000
2. Disabled individual RM6,000
3. Education RM 7,000
   • Other than a degree at masters or doctorate level – Course of study in law, accounting, Islamic financing, technical, vocational, industrial, scientific or technology
   • Degree at masters or doctorate level – Any course of study
   • Upskilling or self-enhancement courses (Restricted to RM2,000)
4. Spouse / Alimony to former wife RM 4,000
5. Disabled husband / wife RM5,000

Lifestyle & Medical

1. Lifestyle (Self, Spouse & Children) RM2,500
   • Purchase or subscription of books / journals / magazines / newspapers / other similar publications
   • Purchase of personal computer, smartphone or tablet (Not for business use)
   • Fee for self skills enhancement course
   • Payment of monthly bill for internet subscription/ broadband (Under own name)
2. Lifestyle Additional (Self, spouse & children) RM1,000
   • Purchase of sports equipment for any sports activity
   • Payment of rental or entrance fee to any sports facility
   • Payment of registration fee for any sports competition
   • Gymnasium membership fee
3. Medical Expenses RM10,000
   • Serious diseases (self, spouse, children)
   • Fertility treatment (self/ spouse)
   • Vaccination (self/spouse) restricted to RM1,000
   • Expenses (self, spouse & children) restricted to RM1,000 on:
     • Complete medical examination
     • COVID-19 detection test
     • Mental health examination or consultation
     • Dental treatment
   • Expenses (child age 18 and below) restricted to RM4,000 on:
     • Assessment of intellectual disability diagnosis
     • Early intervention programme / intellectual disability rehabilitation treatment
4. Medical Expenses (parents) RM8,000
   • Medical treatment, special needs and carer expenses for parents (Medical condition certified by medical practitioner)
5. Disabled Basic Supporting Equipment (self, spouse, children & parents) RM6,000
6. Breastfeeding Equipment (Self) RM1,000
   • For a child age 2 years old and below
   • Deduction allowed once in every TWO (2) years of assessment
7. Electric Vehicle (EV) charging facilities RM2,500

Child Relief

1. Unmarried Child Relief RM2,000
   • Below 18 years old
2. Unmarried Child above 18 and full time studying RM2,000
   • “A-Level”, certificate, matriculation or preparatory courses
3. Unmarried child above 18
   • receiving further education in Malaysia in respect of an award of diploma or higher
   • receiving further education outside Malaysia in respect of an award of degree or its equivalent
   • the instruction and educational establishment shall be approved by the relevant government authority
4. Disabled Child RM6,000
5. Disable child age 18 years old and above, not married and pursuing diplomas or above qualification in Malaysia RM8,000
6. Child care fees RM3,000
   • registered child care centre / kindergarten
   • child aged 6 years and below

Statutory Contribution

1. Insurance
   • Education and medical insurance (Self, spouse, children) RM3,000
   • Life insurance and EPF RM7,000
     • Mandatory contributions to approved schemes or voluntary contributions to EPF restricted to RM4,000
     • Life insurance (Self & Spouse) or family takaful contributions or additional voluntary contributions to EPF restricted to RM3,000
2. Annuity and Private Retirement Scheme (PRS) RM 3,000
3. Contribution to the Social Security Organization (SOCSO & EIS) RM350
4. Net deposit in SSPN RM8,000