2008年预算案 THE 2008 MALAYSIA BUDGET

Tune Media estimates that the 2008 Malaysia Budget will be a Deficits Budget and Candy Budget. The BN government will concentrate on the following areas

• Four Economic Corridors (Iskanda Development Region, Northern Corridor, East Coast Corridor and East Malaysia Corridor),
• Halal Funds – attract foreign direct investments from Middle-east countries,
• Continues to promote private sectors funding (KLIA-Singapore Bullet Tran and 2nd Penang
Bridge), and
• Encourage public spending to economic growth.

Government Sectors

• Bonus – 2 months (Minimum RM1,500)
• Incensement - 8% (Minimum RM1,000)

Promote Private Sectors Funding

• Special tax relief is given to eligible company which undertake private funding projects

Public Spending

• Unpaid mentality leave up to 5 years to encourage local traveling
• EPF Withdrawal - Purchase of 2nd home
• Tax rebate increase by RM150 to RM500
• Incentives given to business sectors support tourism industries
• Incentives given to business to promote Malay foods

Helping Bumiputra

• Special Entrepreneur Fund RM1 billion is allocated under SME Bank,
• Macro Fund up to RM250,000 is given to eligible persons to set-up businesses locally and
aboard.

Taxes Cuts

• Corporation – 1%reduction from 27% to 26%
• Special tax rate are given to eligible businesses involves with tourism industries
• Individual – 1% reduction from

Taxes Increases

• Alcohol – 20%
• Tobacco – 40%
• Gambling – 80%
• Entertainment – 15%