Budget 2026: Starting Next Year, Vehicle Tax Exemptions in Langkawi & Labuan to be Limited to RM300k - WORLD OF BUZZ

No more tax exemption for luxury vehicles over RM300,000 in Langkawi, Labuan

PETALING JAYA: Luxury vehicles valued at over RM300,000 in Langkawi and Labuan will no longer be entitled to vehicle tax exemptions starting January next year, says Prime Minister Datuk Seri Anwar Ibrahim.

Budget 2026: Starting Next Year, Vehicle Tax Exemptions in Langkawi & Labuan to be Limited to RM300k - WORLD OF BUZZ

In today’s Budget 2026 presentation (10 October) by Prime Minister Dato Seri Anwar Ibrahim in Parliament, he announced that the government is proposing vehicle tax exemptions in Langkawi and Labuan be limited to vehicles valued not exceeding RM300,000 effective 1 January 2026. This is to prevent luxury vehicle owners are increasingly taking advantage of vehicle tax exemptions in Langkawi and Labuan. Do stay tuned for more updates.   Also read: A…

Budget 2026: No more tax exemptions for luxury cars over RM300k in Langkawi, Labuan - SoyaCincau

Luxury vehicles that are priced over RM300,000 will no longer be able to enjoy tax exemptions in Langkawi and Labuan. The new policy was revealed by Prime Minister Anwar Ibrahim during the tabling of Budget 2026 earlier today. According to the Prime Minister, the tax exemptions have been abused, especially by the “maha kaya” or “ultra-rich” group, to obtain luxury vehicles at a lower price. While these vehicles are generally confined within thes…

Budget 2026: Langkawi Car Tax Cap & EV Push

Budget 2026 has set a bold new direction for the automotive industry. The automotive industry is entering a new era in 2026, with major policy changes unveiled in Belanjawan 2026 Malaysia. These updates aim to tighten loopholes, encourage cleaner vehicles, and reshape the way new cars are bought and sold in Malaysia. Tax Cap for Langkawi and Labuan For years, Langkawi and Labuan have offered generous tax exemptions on vehicle purchases — a favou…

Vehicle tax exemption in Langkawi, Labuan limited to cars below RM300,000, starting January 2026

The measure was introduced to curb leakages and misuse of tax privileges by luxury vehicle owners who have long taken advantage of the exemption system.