Budget 2027: Relief for Caregivers as Service Tax for Older Citizens’ Care Reduced, New Tax Exemptions and Increased Financial Aid Announced
4 Articles
4 Articles
Budget 2027: Relief for caregivers as service tax for older citizens’ care reduced, new tax exemptions and increased financial aid announced
KUALA LUMPUR, Oct 9 — The service tax rate for elderly care services will be reduced from eight to six per cent, starting January 1, 2027. A full exemption will also be granted...
Budget 2027: Senior Citizens Bill, Lower Service Tax On Elderly Care, 400 New Ambulances
The government will draft a Senior Citizens Bill to address neglect and strengthen the elderly care ecosystem, Prime Minister Anwar Ibrahim announced while tabling Budget 2027. The service tax on elderly care will also fall from 8% to 6% from 1 Jan 2027.
PETALING JAYA: The government has agreed to reduce the Service Tax rate for elderly care services from 8 percent to 6 percent starting January 1, 2027. Prime Minister Datuk Seri Anwar Ibrahim said the move was taken to reduce the financial burden borne by families and care centres in providing quality elderly care services. “Full exemption ...
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