Sports ministry seeks tax relief for sports training fees under 2024 budget

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Sports ministry seeks tax relief for sports training fees under 2024 budget
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Youth and sports minister Hannah Yeoh says so far only the purchase of sports equipment will be tax-exempted, effective next year.

Hannah Yeoh said they were focusing on applying for tax relief for parents or individuals who spend on sports training to promote a healthy lifestyle.

“The engagement session with the ministry is still ongoing. This year, we are focusing on applying for tax relief for parents or individuals who spend on sports training. The objective is to promote a healthy lifestyle among Malaysians.“This will also help our athletes get jobs if many people use sports training services. We want the sports industry to develop this way,” she told reporters after officiating the 2023 Sabah Sports Industry Expo here today.

The expo is the first programme held in Sabah aimed at providing exposure to the roles and contributions of various segments within the sports industry, including sports tourism, sports facilities, sports retail, sports medicine, sports event management and sports education.

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