Over RM6b in tax refunds disbursed as of February 18

6 Mar 2026, 1:38 AM
Over RM6b in tax refunds disbursed as of February 18

KUALA LUMPUR, March 6 — Approximately RM6.2 billion has been disbursed in 95,285 tax refund cases as of February 18, 2026, said the Finance Ministry (MOF).

It said that Prime Minister Datuk Seri Anwar Ibrahim announced the government’s commitment to settle excess tax refunds for the 2023 assessment year in the first quarter of this year, and to complete refunds for the 2024 assessment year by 2026.

“The government paid RM22.45 billion in tax refunds in 2025, the highest amount in five years.

“For the recent three-year period from 2023 to 2025, the MADANI government has disbursed RM56 billion in refunds, 50 per cent more than the RM37 billion paid from 2020 to 2022,” the MOF said in a written reply in the Dewan Negara yesterday.

It was in response to Senator Tan Sri Low Kian Chuan regarding corrective measures to speed up the corporate tax refund process.

The MOF added that refunds for all eligible cases for the 2022 assessment year and prior years were completed in 2025.

“This totals 3.7 million cases (in 2025) compared with 2.7 million cases in 2024,” it said.

What do you think?

Latest
MidRec
Media Selangor
About Us

Media Selangor Sdn Bhd (MSSB), a subsidiary of Menteri Besar Selangor Incorporated (MBI), is the official media agency of the Selangor State Government. In addition to the Media Selangor news portal (formerly known as Selangorkini & Selangor Journal), Media Selangor also publishes newspapers in Mandarin, Tamil, and English.