The 2021 Malaysian Budget (‘2021 Budget’) was tabled by the Minister of Finance before the Malaysian Parliament on 6 November 2020.  The 2021 Budget involving an outlay of RM322.5 billion is the largest in the history of Malaysia and has been aptly described as “The Mother of All Budgets” by certain media.
 
As much coverage has already been given to the 2020 Budget in the media and commentaries by various professional services firms, our Alert will only highlight those measures from the Budget 2021 that may be of particular interest to companies, business owners and investors. To read our commentary, please click here.
 
The full text of the Minister of Finance’s 2021 Budget Speech and the appendices can be accessed here.