Tax reliefs · YA2026
Life insurance & EPF tax relief — YA2026
Life insurance & KWSP
Short answer: You can claim up to RM7,000 for Life insurance & EPF in Year of Assessment 2026, with receipts as proof. The cap is the same as in YA2025.
- YA2026 cap
- RM7,000
- Receipt needed
- Keep receipts as proof
The YA2026 relief table on this page is based on the Budget 2026 tax measures published by the Ministry of Finance, combined with LHDN's latest official table — LHDN has not published the official YA2026 table yet. This page updates itself as soon as it is published. Budget document (belanjawan.mof.gov.my)
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Updated
Checked against official LHDN sources: relief table · rates, deadlines & rules . Checked automatically every day; a change is accepted only after two identical readings. Year of assessment: YA2026.
Who qualifies & what counts
Life insurance and KWSP Categories of pensionable public servants, other than pensionable public servants and self-employed:
- Mandatory contribution to approved scheme or voluntary contribution to KWSP (excluding private retirement scheme) or contribution under any written law (Restricted to RM4,000)
Official source: belanjawan.mof.gov.my
Who claims it in a family
Only the taxpayer who made the payment or contribution can claim it; it cannot be moved to a spouse.
Proof checklist
- The original receipt, invoice or e-receipt for every payment — dated in 2026 and showing the seller, what was bought and the amount.
- Your EPF contribution statement (or Form EA) and the annual life insurance / family takaful premium statement.
- Keep everything for 7 years — LHDN may ask for it during a review.
- ListBelanja keeps the receipt image with the claim and builds a one-year audit pack when you need it.
Life insurance & EPF cap by year of assessment
| Year of assessment | Cap | Change |
|---|---|---|
| YA2026 (Budget) | RM7,000 | No change |
| YA2025 | RM7,000 | No change |
| YA2024 | RM7,000 | No change |
| YA2023 | RM7,000 | No change |
| YA2022 | RM7,000 | — |
Source: LHDN's official relief table for each year of assessment; the YA2026 (Budget) row comes from the Ministry of Finance's Budget tax measures until LHDN publishes its official table. Synced daily by ListBelanja.
How much tax does Life insurance & EPF relief save?
Annual tax for a single employee at a few monthly salaries, without and with the full RM7,000 claim for this relief (YA2026):
| Monthly salary | Tax without | Tax with | You save |
|---|---|---|---|
| RM4,000 | RM200 | RM110 | RM90 |
| RM6,000 | RM2,490 | RM2,160 | RM330 |
| RM10,000 | RM11,150 | RM10,400 | RM750 |
| RM20,000 | RM41,150 | RM40,400 | RM750 |
Estimate calculated by ListBelanja's tax engine from LHDN's latest published tax-rate table and the YA2026 relief caps: single, statutory employee EPF, automatic self relief, no other reliefs. Your actual tax depends on your own income and reliefs.
What changed for YA2026
- Wording updated: Payment of life insurance premium or family takaful contribution (self, spouse or child) or additional voluntary contribution to KWSP (Restricted to RM3,000)
How to claim it with ListBelanja
- Scan the receipt as soon as you buy — or forward the e-receipt to your receipt address.
- AI matches eligible items to Life insurance & EPF relief and adds them up.
- The RM7,000 cap is applied automatically, and the remaining cap is shown so you know how much more you can claim.
- At e-Filing time the total is ready in the right box with a Copy button.
Frequently asked questions
What is the Life insurance & EPF relief cap for YA2026?
The Life insurance & EPF relief cap for YA2026 is RM7,000, according to the Budget 2026 tax measures (Ministry of Finance). LHDN has not published the official YA2026 table yet; this page updates itself when it does.
Do I need to keep receipts for Life insurance & EPF relief?
Yes. Keep the receipt or invoice as proof for 7 years — LHDN may ask for it during a review.
Did the Life insurance & EPF cap change for YA2026?
The cap is the same as in YA2025.
Who can claim Life insurance & EPF relief?
Only the taxpayer who made the payment or contribution can claim it; it cannot be moved to a spouse.
What proof should I keep for Life insurance & EPF relief?
The original receipt, invoice or e-receipt for every payment — dated in 2026 and showing the seller, what was bought and the amount. Your EPF contribution statement (or Form EA) and the annual life insurance / family takaful premium statement. Keep everything for 7 years — LHDN may ask for it during a review.