Kuala lumpur: For the year 2026, a total of RM6.2 billion has been disbursed in 95,285 tax refund cases as of February 18, 2026, according to the Ministry of Finance (MOF).
According to BERNAMA News Agency, the ministry highlighted that Prime Minister Datuk Seri Anwar Ibrahim announced the government's commitment to settling excess tax refunds for the 2023 assessment year in the first quarter of this year. Additionally, the government aims to complete refunds for the 2024 assessment year within 2026.
The government paid RM22.45 billion in tax refunds in 2025, marking the highest amount in five years. Over the recent three-year period from 2023 to 2025, the MADANI government disbursed RM56 billion in refunds, which is 50 percent more than the RM37 billion paid from 2020 to 2022, the ministry stated in a written reply in the Dewan Negara today.
The MOF was responding to Senator Tan Sri Low Kian Chuan concerning corrective measures taken to accelerate the corporate tax refund process. The ministry confirmed that refunds for all eligible cases for the 2022 assessment year and prior years were completed in 2025, which amounted to 3.7 million cases compared to 2.7 million cases in 2024.