Malaysia

IRB achieves historic revenue milestone as tax collections surpass RM200 billion

PM pledges to redirect surplus funds toward settling outstanding corporate tax refunds and strengthening national infrastructure

Updated 5 months ago · Published on 24 Apr 2026 12:18PM

IRB achieves historic revenue milestone as tax collections surpass RM200 billion
Anwar hails an unprecedented fiscal performance by the Inland Revenue Board’s notable increase in collections - April 24, 2026

THE Inland Revenue Board (IRB) has achieved a historic milestone by collecting RM203.991 billion in taxes for the year 2025, marking the highest figure in the nation's history.

Prime Minister Datuk Seri Anwar Ibrahim described the achievement as extraordinary, noting that the collection represents a significant increase of 19.186 billion Ringgit, or 10.38 per cent, compared to the previous year.

In a speech read out by Deputy Prime Minister II Datuk Seri Fadillah Yusof at the 30th HASiL Day celebration in 2026, Anwar emphasised that this robust revenue performance has allowed the government to address long-standing financial obligations.

He confirmed that the government has allocated an additional RM11.4 billion in tax refund funds to settle outstanding payments for corporate taxpayers, ensuring past commitments are resolved in a more organised and transparent manner.

The Prime Minister maintained that a superior taxation system is defined not only by its efficiency in collection but also by its commitment to justice and equity.

He noted that taxes are more than a legal obligation; they represent a shared trust that enables the state to fund essential services such as education, healthcare, social protection, and general development.

Addressing the challenges of an uncertain global landscape, Anwar urgedt the IRB to further enhance its analytical capabilities and digital infrastructure.

He called for the empowerment of artificial intelligence and advanced technology to improve efficiency, reduce revenue leakage, and simplify the compliance process for the public.

Anwar stressed that the ultimate objective is not merely the pursuit of higher revenue, but the creation of a taxation system that is fairer, more transparent, and trusted by the people.

He concluded by reiterating that national revenue must be managed with absolute integrity and transparency to ensure the continued progress of the nation. - April 24, 2026

Spotlight

Malaysia

Five fatal helicopter crash victims honoured in Sarawak state awards

Malaysia

No Malaysian is left behind; Budget 2027 puts people first - Anwar  

Malaysia

Panama hit by 6.4-magnitude earthquake

Malaysia

Haze blankets 33 areas with unhealthy air

Malaysia

Malaysia’s 2027 Budget is a steady one: people-oriented continuity rather than bold reform

Malaysia

Budget 2027: What is in it for me?

Malaysia

Budget 2027 steps up Sabah, Sarawak funding by RM2.2b amid push for development parity

Malaysia

Budget 2027: Maternity leave entitlement increased, minimum pension raised to RM1,350

You may be interested

Malaysia

Resident injured after crane topples onto nursing home

Malaysia

‘It's Deepavali and not Diwali’ – says MIC deputy president

Malaysia

Malaysia, Egypt seek higher-level partnership after 67 years of diplomatic ties

Malaysia

Budget 2027: Minimum wage to rise to RM2,000 from June 2027 – Anwar

Malaysia

PH Melaka identifies potential candidates ahead of Nov 14 state election

Malaysia

Malaysia - Egypt set to forge strategic partnership as trade surges 74.7%

Malaysia

Haze: 37 localities record unhealthy air, flights disrupted by fires

Malaysia

Federal revenue to hit RM380.8 billion in 2027, tax collections lead growth