Tax Insights > Pre-Budget Statement for the 2022 Budget

Pre-Budget Statement for the 2022 Budget

September 14, 2021 Tax Insights

On 31 August 2021, the Ministry of Finance (MOF) issued its maiden Pre-Budget Statement (PBS) ahead of the 2022 Budget which is planned to be tabled in Parliament on 29 October 2021.

The publication of the PBS is aimed at enhancing transparency and inclusivity in the annual budget formulation process. It also provides a preview of the 2022 Budget proposals. At the core of the 2022 Budget’s formulation process is inclusivity, which is in line with the spirit to drive the Recovery, Resilience and Reform initiative of the Malaysian economy.

The PBS discusses various tax-related measures and below is a summary:

  1. Strategies to Increase Tax Revenue
  2. Strategies to Strengthen the Tax System

Feel free to download the full version:

For more information, please contact:

Celine See
Tricor Services (Malaysia) Sdn Bhd
Director, Business Development

Tel: +6 03 2783 9191
Email: [email protected]

For other Tricor services, please email to [email protected] or visit to www.tricorglobal.com

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