Budget 2024: RM2,500 tax relief for EV charging facilities extended to four years

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Budget 2024: RM2,500 tax relief for EV charging facilities extended to four years
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As announced during the tabling of Budget 2024, EV owners can enjoy personal tax relief up to RM2,500 for the expenditure of EV charging facilities for four years.

, the Malaysian government announced an extension for the RM2,500 tax relief for EV charging facilities which include installation of EV chargers at home. Introduced during, individuals can enjoy a personal income tax relief of up to RM2,500 for the cost of purchase and installation, rental, hire purchase and

Prime Minister and Finance Minister Anwar Ibrahim said the government will extend the individual tax relief up to RM2,500 for the expenditure on EV charging facilities for a period of four years. He added that tax relief for EV rentals will be extended by two more years.Budget 2024: Malaysia to increase service tax to 8%, except for these services

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