Hello everyone,

I had been informed earlier, and recently been confirmed by our HR department that the PCB (monthly income tax deduction rate) is revised higher than last year (by 10 - 20%). Any comment what is the government trying to do during this difficult time? Base on my experience, my previous PCB deduction is almost sufficient to cover the yearly tax. The higher rate means that we need to pre-deduct (or overly deduct) monthly income tax from salary before the final submission of tax form and tax payment, and... resulted in trouble to claim back "excess tax amount" paid to tax department.

Thanks.

Regards,
HelloMalaysia