Michael Chen retweeted
7 things all working Malaysians should know about Budget 2027:
1⃣ Full stamp duty exemptions on loan agreements for first home buyers, valued up to RM500,000.
For houses costing up to RM750,000, stamp duty will be exempted for the first RM500,000, while the remaining balance will receive a 50% discount.
2⃣ Sports relief (RM1,000) will include the purchase of sports shoes! 🥳
3⃣ Education and skills-related relief will be expanded to cover all fields of study and children’s tuition fees.
4⃣ Lifestyle tax relief broadened to include AI subscriptions, pet vaccinations and adoption costs from registered animal shelters.
5⃣ Full stamp duty exemption on opening savings and current accounts starting Jan 1, 2027. Currently it is RM10.
6⃣ Tax relief for parental and grandparent care extended to all caregiving expenses rather than being restricted to healthcare costs.
7⃣ Medical relief will now cover postnatal (after birth) care services.
Source: theedgemalaysia.com/budget/2…
Michael Chen retweeted
Filem M'sia ke Academy Awards (2004-2026). Susun ikut jumlah kutipan:
Abang Adik- RM 5.68 juta
P. Gunung Ledang- 2.90 juta
Bunohan- 780 ribu
Redha- 468 ribu
Roh- 323 ribu
Prebet Sapu- 257 ribu
Lelaki Harapan Dunia- 150 ribu
Pavane For An Infant- 100 ribu
The Fox King- 23 ribu
🧵
Michael Chen retweeted
If you earn:
• RM4,000
• RM6,000
• RM8,000
• RM10,000
• RM12,000
• RM15,000
This is how much tax you’ll pay annually, BEFORE and AFTER Budget 2027. 👇
Michael Chen retweeted
Every year, LHDN releases Explanatory Notes on the tax reliefs you can or CANNOT claim.
I read the 2026 version.
Here are 7 things most Malaysians do not know.
🧵
Michael Chen retweeted
To all parents out there,
Withdrawing from SSPN does not necessarily reduce your tax relief.
Read that again.
According to LHDN’s latest explanatory notes, withdrawals to fund children’s tertiary education are not counted when calculating net savings.
This means you can:
- Deposit RM8,000 in Jan 2026
- Withdraw RM5,000 in September 2026 to pay child’s for tertiary education
- Still get the full RM8,000 relief.
😎😎
Michael Chen retweeted
There are two new types of expenses eligible for tax relief in 2026:
i) Up to RM1,000: Domestic tourism and cultural activities
Applies to entrance fees to local:
• Geoparks
• Museums
• Theme parks
• Wildlife parks and zoos
• National and marine parks
• Arts and cultural programmes
^ Hotels and accomodation CANNOT claim.
Michael Chen retweeted
SPORTS RELIEF: RM1,000
Applies to yourself, spouse, child, and/or PARENTS!
✅CAN CLAIM
• Golf clubs
• Shuttlecock
• Pickleball paddle
• Badminton string
• Swimming goggles
❌CANNOT CLAIM
• Dri-Fit shirt
• Pilates class
• Running shoes
• Swimming suit
• Motorized bicycles
Michael Chen retweeted
Let’s do some math here.
• Malaysia’s current median salary: RM3,027/mo
• After EPF deductions: RM2,694
• Monthly savings: RM269 (assuming you save 10%)
• Time taken to afford RM9,499 iPhone: 35 months (or almost 3 years).
Michael Chen retweeted
Your hourly rate based on the salary you earn:
• RM1,700: RM9.66/hr
• RM2,500: RM14.20/hr
• RM4,000: RM22.73/hr
• RM6,000: RM34.09/hr
• RM8,000: RM45.45/hr
• RM10,000: RM56.81/hr
• RM20,000: RM113.62/hr
• RM50,000: RM284.05/hr
Assumptions 👇
Michael Chen retweeted
Take home: RM2,500
- Rent: RM700
- Food & Groceries: RM700
- Parents: RM500
- Savings: RM250
- Insurance: RM100
- Electricity & Water: RM80
- Maintenance, insurance, road tax (Motor): RM80
- Phone bill: RM50
- Petrol: RM40
^ Nothing left for other expenses.
At what point should parents stop expecting their children to give them monthly allowance? 🧐
Or do you believe children should always contribute once they start earning?
I know there’s no correct answer, but I’m curious how Malaysians view this.
Michael Chen retweeted
Let’s settle this.
How much does a single person (age 25-35) need to earn to live comfortably in KL in 2026? 🧐
Not merely to survive.
I mean rent, eat properly, own a car, save every month and enjoy life occasionally.
Give me a number and the budget breakdown. 👇
Michael Chen retweeted
Starting today, you can create ten videos *at no cost* in Gemini until 11:59pm PT on August 4th, 2026.
Just select "Create video" in the tools menu to create, edit, and remix videos to bring your ideas to life.
Share how you’re using Gemini Omni in the replies 👇
🤖 Made with AI
Michael Chen retweeted
Tax reliefs you shouldn't miss out:
1. Vaccines: RM1,000
2. Dental checkup / treatment: RM1,000
3. Medical checkup / mental health: RM1,000
4. Any books (physical or electronic), laptop, phone, tablet, internet bill: RM2,500
5. Sports equipment, rental fees, gym membership: RM1,000
6. EPF voluntary contribution: RM3,000
7. PRS: RM3,000
8. Medical insurance: RM4,000
9. EV Charger + Home CCTV + Food composting machine: RM2,500
10. Entrance fees to zoos, museums, theme parks: RM1,000
View the full list here: pwc.com/my/en/publications/m…
Once you hit RM10k salary, you're working essentially one month every year just to pay the government.
This is why tax reliefs are so important.
Here’s an example:
- Sam (left): Received RM13k reliefs, paid RM11.1k in total tax.
- Nurul (right): Received RM33k reliefs, paid RM6.9k in total tax.
^ Even though both earn the same gross, the total tax they paid is very different.
Calculate it yourself here: payroll.my/
Michael Chen retweeted
How many of these financial milestones have you achieved? 🎯
1. RM10k emergency fund
2. No high-interest debt
3. Save 10-20% every month
4. Every single ringgit is working for you
5. Proper insurance coverage
6. EPF above your age benchmark (refer to table below).
What's your score out of 6? 🤔
Michael Chen retweeted
Try this.
When your salary comes in:
1. Immediately send 10% to a cash app / digital bank / ASB to earn profit.
2. Then pay your bills (Wifi, Phone bill, Car loan, etc.).
3. Then split your remaining money into 4 weeks to spend.
Eg. You have RM2,000 left after saving and paying bills:
• Week 1: RM500
• Week 2: RM500
• Week 3: RM500
• Week 4: RM500
This is my strategy for the past 2-3 years. 😎
Michael Chen retweeted
Tarikh tayangan:
"Konspirasi" di pawagam mulai 21 Mei 2026.
Arahan Ghaz Abu Bakar.
Penggambaran Okt-Nov 2025. Lulus LPF Apr 2026, klasifikasi 13 (Lulus Bersih)
Michael Chen retweeted
Tarikh tayangan:
"Polong" di pawagam mulai 28 Mei 2026.
Arahan Zulkarnain Azhar.
Penggambaran Jun-Jul 2025. Lulus LPF Jan 2026, klasifikasi 16 (Lulus Bersih)
Michael Chen retweeted
Tarikh tayangan:
"Khadam" di pawagam mulai 11 Jun 2026.
Arahan Shamyl Othman.
Penggambaran Sep 2025. Lulus LPF Apr 2026, klasifikasi 16 (Lulus Bersih)
Poster & trailer akan keluar lusa (14 Mei)
Michael Chen retweeted
She was born the seventh of nine children in Kuantan.
Her father was a public servant who got transferred all over the country, so she grew up moving between small towns.
Her mother never finished school. But her mother worked harder than anyone she knew, and believed education was everything.
That belief sent Swee Lay Thein to medical school at Universiti Malaya. She graduated in 1975.
Then she moved to the UK and spent the next 20 years chasing one stubborn question. Why do some patients with blood disorders suffer terribly, needing transfusions their whole lives, while others barely feel sick?
The answer was hidden in a gene. Babies are born producing a special kind of hemoglobin that protects them. Then the body flips a switch and stops making it.
Swee Lay wanted to know what controlled that switch. If you could keep it on, you could save millions of lives.
It took her decades. She travelled across the UK collecting blood samples from families. She flew to Malawi to study a single family with 270 members across seven generations. She hit dead ends. She kept going.
In 2007, she and her team found the gene. They called it BCL11A.
That discovery led to Casgevy, the first FDA-approved CRISPR therapy for sickle cell disease and beta-thalassemia. A real cure. Already changing real lives around the world.
Last month, Dr Swee Lay Thein stood on a stage in Los Angeles and accepted the Breakthrough Prize, often called the Oscars of Science.
She is the first Malaysian-born scientist to ever win it.
In her speech she said, "As a child hanging out with my older brothers, playing on old railway tracks in Malaysia, I never imagined being here today."
She dedicated the moment to her mother. The woman who never finished school.
A girl from Kuantan. A mum who believed in education even though she never got one herself. A daughter whose work is now saving lives around the world.
That is a Malaysian story.
Tahniah, Dr Swee Lay Thein. We see you. We are proud. 🇲🇾

















