Budget 2024: Experts call for financial planning tax relief

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Budget 2024: Experts call for financial planning tax relief
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KUALA LUMPUR: The government should introduce tax relief for financial planning fees in Budget 2024, which could help boost knowledge and awareness of...

: The government should introduce tax relief for financial planning fees in Budget 2024, which could help boost knowledge and awareness of financial sustainability among Malaysians.

Idham said the move is also crucial to ensure that Malaysians seek the right and qualified financial advisors based on their needs, covering financial management aspects such as retirement, savings, debt settling and wealth goals, therefore avoiding being scammed. Rozanna said companies also should look at ways to introduce financial literacy programmes to help their workers strengthen their financial positions.

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