Working at 60 and Above in Malaysia: What Happens to Your EPF, SOCSO, EIS, SKBBK, PCB and HRDF?

Working at 60 and Above in Malaysia: What Happens to Your EPF, SOCSO, EIS, SKBBK, PCB and HRDF?

“I’m turning 60 soon. Will my EPF deduction stop? Do I still need to pay SOCSO and income tax?” These are common questions among employees approaching retirement age. Employers also need to know what to change in payroll when an employee continues working after 60. The answer is straightforward: some contributions change, but not everything stops. Each scheme has its […]

Budget 2027 Malaysia: Personal Tax, Payroll and HR Changes

Budget 2027 Malaysia: Personal Tax, Payroll and HR Changes

Malaysia’s Budget 2027 announcements cover personal income tax, employee reliefs, wages and HR planning. This guide explains the proposed changes for individual taxpayers and the practical steps employers and payroll teams can prepare. The personal tax section covers the Budget 2027 proposals rather than every existing Malaysian tax relief. Employees should check the final LHDN rules for their own claims, […]

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