Budget 2026 Snapshot

Brought to you by Deloitte Malaysia’s experts, the Malaysia Budget 2026 Snapshot features key tax measures of the 2026 National Budget, along with our insights into their potential impact on various sectors and the broader economic outlook.

For more details or assistance, please reach out to your usual Deloitte contact.

Key financials at a glance

Tax revenue over total revenue – breakdown by direct and indirect taxes

Tax collection represents a major contributor to the overall federal government revenue. Direct tax contributes a larger share of total revenue in comparison to indirect taxes representing more than 50% of total revenue from 2022 to 2026.

Sources: Ministry of Finance -Economic Reports

Source of funding and expenditure

Deloitte TaxMax – The 51^st series

Themed to “Building economic resilience through strategic tax reforms”, our TaxMax conference will see subject-matter experts providing commentary on Budget 2026, focusing on how Malaysia will craft a high-value economy while managing inherent challenges.

Expect in-depth analyses and commentary on the latest tax developments, emerging compliance challenges, and critical upcoming reforms, providing organisations with the strategic insights needed to navigate the evolving landscape of digital and fiscal transformation.