The government has disbursed RM6.2 billion in tax refunds so far this year, with a commitment to settle 2023 and 2024 refunds promptly.
KUALA LUMPUR: The Ministry of Finance has disbursed RM6.2 billion in tax refunds for 95,285 cases so far this year.
This update was provided in a written parliamentary reply to Senator Tan Sri Low Kian Chuan, who inquired about measures to expedite corporate tax refunds.
The ministry reiterated the government’s commitment to settling excess tax refunds for the 2023 assessment year within this first quarter.
It also pledged to complete all refunds for the 2024 assessment year within 2026.
The government paid a record RM22.45 billion in tax refunds during 2025.
This marked the highest annual amount disbursed over the past five years.
For the three-year period from 2023 to 2025, the MADANI government disbursed a total of RM56 billion in refunds.
This figure is 50% more than the RM37 billion paid out from 2020 to 2022.
Refunds for all eligible cases from the 2022 assessment year and prior years were fully completed in 2025.
This involved processing 3.7 million cases last year, compared to 2.7 million cases in 2024.
