Budget 2027: What Malaysian Small Business Owners Actually Get

Hello, business friends!

Budget 2027 was tabled on 9 October 2026. There is a lot in it for small business. There is also a lot that is not ready yet. Let us be clear about both.

The tax cut is the real one

If your company is an SME, your income tax goes down by one percentage point.

On the first RM150,000 of chargeable income, the rate drops from 15% to 14%.

On chargeable income from RM150,001 to RM600,000, the rate drops from 17% to 16%.

This applies from year of assessment 2027. The government says about 300,000 businesses benefit, and the biggest saving is up to RM6,000 a year.

A real ringgit example

Say your company has RM150,000 chargeable income.

At 15% you pay RM22,500. At 14% you pay RM21,000.

You keep RM1,500. Not life changing, but it is yours.

Minimum wage goes up, but small firms are exempt

Minimum wage rises to RM2,000 a month from June 2027, up from RM1,700.

Businesses with annual sales below RM50 million are exempt. Most Malaysian small businesses fall under this. The government has not said how long the exemption lasts.

Money for AI and automation

MDEC gets RM30 million to help 4,000 MSMEs adopt AI and automation.

There is also RM142 million through NADI for young entrepreneurs selling online, and RM10 million under Jom Malaysia to move rural products onto digital platforms.

Watch this one if you sell online

An E-Commerce Bill will be tabled at the next parliament sitting. If you sell on TikTok Shop, Shopee or Lazada, this is the one to follow. No details yet.

Also note: no change was announced to e-invoicing.

The honest warning

Most of these grants have no application window, no named agency and no form. The halal certification matching grant of up to RM5,000 is a good example. It was announced, but nobody has said who runs it or when you can apply.

So do not sit and wait for a form. Keep your SSM, accounts and records clean now, because every scheme will ask for them when it opens.

These are proposals until the Finance Bill passes. Please confirm your own case with your accountant or with LHDN.

Hai rakan usahawan!

Belanjawan 2027 dibentang pada 9 Oktober 2026. Banyak untuk perniagaan kecil, tetapi banyak juga yang belum siap.

Potongan cukai

Cukai pendapatan SME turun satu mata peratus.

RM150,000 pertama: turun dari 15% ke 14%.

RM150,001 hingga RM600,000: turun dari 17% ke 16%.

Berkuat kuasa tahun taksiran 2027. Kira kira 300,000 perniagaan mendapat manfaat, penjimatan sehingga RM6,000 setahun.

Contoh ringgit

Pendapatan bercukai RM150,000.

Pada 15% anda bayar RM22,500. Pada 14% anda bayar RM21,000.

Anda simpan RM1,500.

Gaji minimum

Gaji minimum naik ke RM2,000 sebulan mulai Jun 2027. Perniagaan dengan jualan tahunan bawah RM50 juta dikecualikan.

Dana AI

MDEC dapat RM30 juta untuk bantu 4,000 MSME guna AI dan automasi.

Amaran jujur

Kebanyakan geran ini belum ada tarikh buka, belum ada agensi, belum ada borang. Jangan tunggu. Kemaskan SSM, akaun dan rekod anda sekarang, sebab semua skim akan minta benda yang sama.

Ini semua cadangan sehingga Rang Undang Undang Kewangan diluluskan. Sila sahkan kes anda sendiri dengan akauntan atau LHDN.

HyperGrowth ada latihan untuk peniaga kecil yang nak sedia sebelum geran dibuka. Hubungi kami.

HyperGrowth Team