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AXCELASIA INSIGHTS – Budget 2020 Edition

Axcelasia is an integrated professional services group providing tax advisory, business consulting, technology tools and advisory, and business process outsourcing services to public listed companies, private companies, multinational corporations and government-linked entities.


We are pleased to provide our latest newsletter. We will continue to provide updates on areas within our expertise from time to time.


2020 Malaysian Budget Highlights

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The Malaysian Finance Minister delivered the 2020 budget proposals on Friday 11 October 2019 following extensive consultations with a total of 12 Focus Groups, involving over 2,500 people representing over 1,200 organisations. Themed “Driving Growth and Equitable Outcomes Towards Shared Prosperity”, there were four thrusts anchoring the 2020 Budget:


*      Driving Economic Growth in the New Economy and Digital Era

*      Investing in Malaysians: Levelling Up Human Capital

*      Creating a United, Inclusive and Equitable Society

*      Revitalisation of Public Institutions and Finances

How will Budget 2020 affect your business and you personally?


Discover more: Key tax highlights arising from the 2020 Budget


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Disclaimer: This newsletter contains general information only, all of which may be subject to change.
Independent professional advice should be obtained where necessary.


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