Income Tax Rules for Deduction of ESG Expenditure

The Income Tax (Deduction for Expenditure in Relation to Environmental Preservation, Social and Governance) Rules 2025 was gazetted on 23 June 2025 and takes effect from the year of assessment 2024 to 2027!
Companies can now claim up to RM50,000 per year for ESG-related expenditure. This includes verification of ESG practices, tracking greenhouse gas emissions, ESG data software subscriptions, employee training, and expert consultancy services.
Act now to take advantage of this incentive and encourage greater corporate participation in ESG to drive meaningful environmental and social impact. Strengthen your ESG commitment, boost sustainability performance, and enjoy significant tax savings!
Click ''Here'' for further details.