Tax ReliefTaxation

Personal Tax Relief 2024

“Before anything else, preparation is the key to success.”
– Alexander Graham Bell
Summary of personal tax relief 2024 is here for you to do earlier preparation for your tax saving! Quickly jot down and share to your friends!
**Any changes is subjected to LHDN’s announcement**

Details of Personal Tax Relief 2024

Tax Relief for Individual & Spouse

(i) Education RM 7,000

  • Education fee for tertiary level or postgraduate level
  • Personal upskilling / self-enhancement course (Limit to RM2,000) [Extended to Y.A. 2026]

(ii) Spouse / Alimony RM 4,000

  • For spouse without income
  • Alimony to former wife (Agreement needed)

(iii) Insurance

  • Life insurance (Individual & Spouse) RM 3,000
  • SOCSO + EIS RM 350

(iv) Annuity RM 3,000

  • Private Retirement Scheme (PRS) contributions and Deferred annuity scheme premium
  • Extended to Y.A. 2025

(v) EPF RM 4,000

  • EPF contribution

Tax Relief for Child

(i) Ordinary Child Relief

  • Child aged below 18: RM 2,000
  • Child aged 18 and above with following condition: RM 8,000
    • Receiving full time education, diploma and degree onward

(ii) Breastfeeding Equipment RM 1,000

  • Only applicable to working women with child aged under 2 years
  • Claim once every 2 years

(iii) Fees paid to childcare centres and kindergartens RM 3,000

  • Only for child aged 6 and below
  • Childcare centres or kindergartens registered with the Department of Social Welfare (SWD) or Ministry of Education (MOE).

(vi) Net saving in SSPN’s scheme RM 8,000 [Extended to Y.A. 2024]

  • Net saving in National Education Saving Scheme (SSPN) for child

Tax Relief for Parents

(i) Medical expenses for parents RM 8,000

  • Including medical treatment expenses, special needs or carer expenses
  • *Complete medical examination (limit to RM1,000) [Budget 2024]

**Tax relief for parental care is not available now**

Tax Relief for Whole Family (Individual, spouse, and child)

(i) Education or medical insurance RM 3,000

  • Insurance premium for education or medical benefit

(ii) Medical expenses on serious diseases RM 10,000

  • Including:
    • Cost of fertility treatment for married couples
    • Complete medical examination (Limit to RM 1,000)
    • Vaccination expenses (Limit to RM 1,000)
    • Expenses for children with learning disabilities (Limit to RM 4,000)
      • Autism
      • Attention Deficit Hyperactivity Disorder (ADHD)
      • Global Developmental Delay (GDD)
      • Intellectual Disability
      • Down Syndrome
      • Specific Learning Disabilities
    • *Dental examination or treatment [Budget 2024]
      • Dental practitioners registered with Malaysian Dental Council
      • For self, spouse or child

(iii) Lifestyle RM 2,500

  • Books & Magazines
  • Computer & smartphone
  • Broadband
  • *Self skill enhancement courses
  • *Sport equipment (reclassified to sport equipment category)
  • *Gymnasium membership fee (reclassified to sport equipment category)

(iv) Sport Equipment RM 1,000 [Budget 2024]

  • Purchase of sports equipment, rental/entry fees for sports facilities & registration fees in sports competition
  • *Gymnasium membership fee 
  • *Sports training fees charged by registered sports clubs / companies

(v) Expenses related to Electric Vehicle (EV) charging facilities RM 2,500

  • Including installation, rental, hire-purchase of equipment or subscription fees [Extended to year 2027]

Tax Relief for Disabled Person

(i) Disabled Individual RM 6,000

(ii) Disabled Spouse RM 5,000

(iii) Disabled Child RM 6,000: For Child aged under 18

(iv) Basic supporting equipment (For disabled individual, spouse, child or parent) RM 6,000