Budget 2025 introduces several employment reforms promoting inclusivity and employee support. Key changes include :

✅Implement RM1,700 minimum wage from February 2025, with smaller businesses starting in August 2025.
✅Offer expanded tax relief for childcare and elderly care, capped at RM3,000.
✅Provide 50% tax deduction for flexible work setup costs, capped at RM500,000.
✅Allow 50% tax deduction for extended caregiver leave, up to 12 months.
✅Grant 50% tax deduction for hiring women returning from a 2-year career break.
✅Apply phased EPF contributions for foreign workers to align with local rates.
✅Provide RM600 SOCSO incentives for hiring individuals with disabilities or former convicts.
✅Allocate more funds to HRD Corp for skill development programs.
Read the full story in our #ktp blog
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