29/10/2026
If you are looking after ageing parents while raising your own kids, this one is for you.
Budget 2027 proposes cutting service tax on elderly care from 8% to 6% from 1 January 2027, with fees up to RM96,000 a year per person at registered care centres fully exempt. A wider tax relief for caring for parents and grandparents, covering all caregiving costs, is also proposed. Everything is subject to Parliament's approval.
Send this to your siblings before the next family conversation about care. Has your family talked about who pays for what?