MTUC: Reduce Personal Income Tax

150

Categories:

KUALA LUMPUR, Oct 3 – The Malaysian Trades Union Congress (MTUC) has called on the government to announce a reduction in individual income tax in the forthcoming Budget 2015. Its president, Mohd Khalid Atan, told The Rakyat Post today that corporate income tax had been reduced nearly every year. He said at one point it stood at 41%, but it was below 25% now.

He asked why the government could not do the same for the people. This, he said, was in light of workers, be it from the lower or middle-income groups, facing a very uncertain future due to the rising cost of living. “The people will face a further burden because of the implementation of the Goods and Services Tax (GST) next year.” Mohd Khalid added that no matter what the government had done in recent times in explaining the GST to the people, it would still have an affect on the people.

Leave Comments

This site uses Akismet to reduce spam. Learn how your comment data is processed.