IRB Completes RM14.55 Billion Tax Refunds for 3.47 Million Cases This Year

Kuala Lumpur, December 15 — The Inland Revenue Board (IRB) has disbursed RM14.55 billion in tax refunds for 3.47 million cases as of November 30, marking a 17.5 per cent increase from RM12.39 billion last year, said Deputy Finance Minister Lim Hui Ying.

Tax Refunds

Of these, 3.34 million cases were fully settled, totalling RM13.32 billion. Strategies include prioritising older arrears, post-payment audits, full settlements for individuals, and favouring cash-strapped MSMEs.

Lim highlighted these measures during the Dewan Negara debate on the Finance Bill 2025, which amends five tax acts and was passed by majority vote after 11 senators’ input.

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