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Budget 2020: Income tax exemption for women re-entering job market | The Malaysian Insight

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Budget 2020: Income tax exemption for women re-entering job market

Women filling up job application forms during a career carnival in Kuala Lumpur on April 12 this year. The government has announced a tax break for women who re-enter the workforce after not working for a year or more. – The Malaysian Insight pic by Seth Akmal, October 11, 2019.

WOMEN between the ages of 30 and 50 who re-enter the job market after not working for a year or more will be exempted from paying income tax for four years until 2023, the government has proposed under Budget 2020. Finance Minister Lim Guan Eng, when tabling the budget today, said this #WanitaKerja initiative was aimed at creating 33,000 jobs a year for women in that age category who had left the labour market for a year or more.

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