Hey guys! Did you know that if you haven’t done these simple tax moves before December 31, 2025, you could be leaving RM2,000, RM3,000, or even RM10,000 on the table? 😱
Yep, it’s crazy how many Malaysians miss out on these “easy wins” every year. So I made a year-end tax checklist for 2025 that’s super simple to follow – literally free money the government is giving you, so don’t leave it behind!
1️⃣ Understand Your Tax Year
Your e-filing form is based on what you spent this year (Jan 1 – Dec 31, 2025). If you haven’t maximized your reliefs yet, guess what? You’re basically donating to the government! 😅
2️⃣ EPF, Life & Medical Insurance
EPF contributions: Claim up to RM4,000. Even a small monthly deduction counts.
Life insurance / Takaful: Claim up to RM3,000, including voluntary EPF contributions.
Medical insurance: Claim up to RM4,000, including critical illness coverage. Upgrade outdated plans before Dec 31!
💡 If you’re self-employed (Grab rider, freelancer, creator), you can contribute too—just make sure you’re registered with PERKESO.
3️⃣ PRS (Private Retirement Schemes) – Double Benefits!
This one’s huge. PRS isn’t just an investment—it’s tax relief with government rebates!
Invest up to RM3,000 in PRS = claim up to RM3,000 tax relief.
The higher your tax rate, the bigger your savings!
10% tax → save RM300
21% tax → save RM630
30% tax → save RM900
And the best part? You can pick conservative, moderate, growth, or Shariah-compliant PRS funds.
🎉 Special Versa Promo: Deposit RM3,000 into Versa PRS before Dec 23, 2025, and get RM50 bonus in Versa Save! If you transfer your PRS from another provider, you can earn up to RM150 bonus.
4️⃣ Kids & Family Reliefs 👶
Children under 18: RM2,000
Full-time students 18+: RM2,000
Higher education (diploma & above): RM8,000
Children with disabilities: up to RM8,000
Breastfeeding / nursing equipment: RM1,000
Tuition / preschool fees: RM3,000
💡 Pro tip: Some of these can be double-dipped if you invest strategically (like SSPN or PRS).
5️⃣ Medical & Lifestyle Expenses
Medical expenses for parents: up to RM8,000 (keep all receipts!)
Personal medical check-ups: RM1,000
Sports equipment / gym memberships: RM1,000
Lifestyle: books, computers, courses, internet, EV charging facilities – up to RM2,500
6️⃣ Individual Reliefs
Individual relief: RM9,000 (auto-claim)
Education: up to RM7,000
Self-upskilling: RM2,000
Loan for first-time home buyers: RM5,000–7,000
💡 If you follow this checklist, your tax relief could easily reach RM15,000+ per person, and if you’re diligent with receipts, it could go way higher!
Take Action Now!
Don’t leave money on the table. And here’s a bonus tip: I’ve been using this wealth management app Versa to grow my money while claiming tax benefits. It’s super easy to use, and all products are managed by experts at AHAM Asset Management Berhad.
💰 Sign up now and get RM10 reward when you complete your first deposit:
Download Versa: https://download.versa.com.my/1bAf/referral?deep_link_value=UAVR6K5X
Sign up with my referral code: UAVR6K5X
Complete onboarding
Make your first cash-in of min. RM100
Start maximizing your tax refunds AND investment returns today! 🚀
#TaxSavings #VersaMalaysia #PRSBonus #WealthGrowth #TaxRefund2025 #SmartInvesting
