RM1,000 tax relief for 103 types of sports

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Tax Relief,Training Fees

(Reuters) -World number two Aryna Sabalenka's hopes of reaching a fourth consecutive Stuttgart Open final ended after a 3-6 6-3 7-5 quarter-final defeat by Marketa Vondrousova on Friday, while champion Iga Swiatek maintained her perfect record at the event.

PUTRAJAYA: A total of 103 types of sports will enjoy tax relief of up to RM1,000 for training and purchase of equipment from next year, says the Youth and Sports Ministry.

“The list of the sports will be on our website soon,” she told a press conference at her ministry here yesterday to announce conditions for the tax relief. As for the purchase of equipment for sporting activities, it must also fall under the 103 sports listed under the Act, excluding motorised bicycles, she said.

Yeoh said it is hoped that the incentive will motivate people’s interest in sports as well as promote a healthy lifestyle and strengthen Malaysia as a sporting nation.

Tax Relief Training Fees

 

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