The proposed T15 income bracket criteria for the RON95 fuel subsidy that is to be finalised by the middle of this year may drive consumers to downgrade their vehicles or change to electric vehicles, according to MIDF Research, reported Bernama.
The upcoming change in policy may influence buyers to lower-cost internal-combustion engined vehicles or switch to EVs, the latter particularly before the tax exemptions for fully imported (CBU) EVs expire at the end of this year.
“Meanwhile, the auto sector’s revised excise duty has been extended, which will expand duties on completely knocked down (CKD) components. The tax, set to be effective January 2026, is expected to drive CKD car prices up by 10% to 30%,” said MIDF Research.
Last week, economists voiced support for a two-tier pricing structure for RON 95 petrol instead of cash aid, and said that charging for the fuel by vehicle type would not stop the wealthy from purchasing subsidised RON 95 petrol while driving more affordable cars.
When announced at the tabling of Budget 2025, prime minister and finance minister Datuk Seri Anwar Ibrahim said that the upcoming cut in RON 95 petrol subsidy would see the nation’s top 15% of earners pay more for the fuel.
With no elaboration on who exactly constitutes the T15, many searched and found statistics that pointed to RM12,000 or RM13,000 income as the point where a Malaysian household is classified as T15. For a working couple, that is RM6,000 salary each. Anwar has since walked back on his T15 definition.
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Just give petrol subsidy to all Malaysian regardless of their income bracket, they all paying tax. Stop selling petrol subsidy to foreigner only – inclusive of Bangla & Indo workers.
Stupid PH Gomen. T15 can downgrade to smaller car or go EV coz they rich enuff. But what about B40s? Downgrade to riding kapcais coz they where can mampu switch to EV hah??? Then KL will become shithole like Bangkok or Vietnam chockful with motors as our affordability level drops.
Is this what our rakyat voted them for???
Whoever PH-PN-BN sama jer
hutang terlalu lampau
kena potong kos…
(2014) BOSSKU era
Replace fuel subsidy with targeted hand-outs https://paultan.org/2014/11/18/replace-fuel-subsidy-targeted-cash-transfers/
(2019) Mahathir 2.0 era
1/RON 95 targeted fuel subsidy plan is ready, Cabinet approval soon – electricity bill to determine eligibility https://paultan.org/2019/09/28/ron-95-targeted-fuel-subsidy-plan-is-ready-cabinet-approval-soon-electricity-bill-to-determine-eligibility/
(2022) PERIKATAN’s era
2/Govt fuel subsidy bill expected to be RM28b for 2022, blanket subsidy to end in favour of targeted subsidies https://paultan.org/2022/05/21/govt-fuel-subsidy-bill-expected-to-be-rm22b-for-2022-blanket-subsidy-to-end-in-favour-of-targeted-subsidies/
3/BMW cannot receive the same subsidy as Kancil, says Azmin as he calls for targeted fuel subsidy system https://paultan.org/2022/05/24/bmw-cannot-receive-the-same-subsidy-as-kancil-says-azmin-as-he-calls-for-targeted-fuel-subsidy-system/
4/Targeted fuel subsidy pilot test – B40/M40 to receive e-wallet credit, but everyone to pay higher fuel prices https://paultan.org/2022/07/29/targeted-fuel-subsidy-pilot-test-b40-m40-to-receive-e-wallet-credit-but-everyone-to-pay-higher-fuel-prices/
(2023) Anwar’s era
5/Formulating a targeted subsidy mechanism ‘complex’, but gov’t working on it as fast as possible https://paultan.org/2023/06/19/formulating-a-targeted-subsidy-mechanism-complex-but-govt-working-on-it-as-fast-as-possible-anwar/
6/Government conducting public survey on targeted subsidies – RON 95 implementation in 2H 2024 https://paultan.org/2023/12/04/government-conducting-public-survey-on-targeted-subsidies/
Butthurt much? GST that you idiots were fooled to vote against was supposed to replace subsidies and be more fairer to all rakyat. Now T15 will kena higher tax but you think they will absorb? Hahaha no way, they will just push the higher cost to their B40 staffs & customers. The B40s will suffer more under PH.
xBleh B85 semua nak bini 4
belanjaan kena mampuan diri
xNak jadi B40 jgn makan gaji
As above
MIDF research lol! must be kid that just came out from uni doing the research.
Many Malaysian awek married to Bangladesi Indonesian anglo-saxon will also gets fuel subsidiaries
Just credit a predetermined bantuan lump sum into those non T15.,every month.Up to rakyat to downsize or buy Evs,accordingly.
Lately ,I have seen rich dudes with BMs,mercs buying Ativas as alternative 3rd cars in anticipation of July2025 price hike of Ron95.
Just make it simple,PMX.
Mana janji as above?
If by vehicle type, how are you going to enforce it? Easiest… blank no subsidy for all but those who eligible can apply for a special petrol discount card, pay at the counter with that special price.
Anwar not only walk back but he also like to play back. Ask me how I know
Get played much daily? Go find a woman.
As above janji dicapati
How do you know?
Open butthole
If you also butthurt then you know you got played by PMX. Geddit?
prices of CKD and CBU cars go up, fuel go up and electricity tariffs also go up. what are the areas under anwar where prices go down? for now i only see our bank accounts go down and share prices go down la.
Hantar dia naik atas nak dia cari duit. Memang dia cari duit tapi melalui rakyat Malaysia!
Come on babe,
RON95 at 3.05
I’m ready for it
12k already T15? Then what T20 supposed to be, 10k?
RM12K household income in KL is considered low. Rent alone taken half of that amount in most locations. How can they group these people as T15 (maha kaya) are they stupid???
where got RM6k rent in most place in KL? you living in squatter area where got know about rental price?
YB Rafizi, just increase the RON95 by 10 sen each year. With such gradual increment, businesses, market & consumers will adjust organically
Government will see its saving growing by the years. A saving of 10 sen in year one, year two will see a saving of 20 sen per litre.
The best thing is, ppl won’t notice the increment from the past few years. They will mumble a bit on the current year increment only.
Using this formula, you don’t even have to subsidize the M40. Maybe just the B40. But remember the changes is only 10 sen per year.
No this above is the formula as he had janji during elections. Either this or he must step down now!
Anwar menang rakyat senang
Refer my name
This feels a little “penalizing” to the T15 group. It could backfire whereas they migrate away, or worse, move their businesses, investments and operations out of the country, to cheaper neighbours. Thread carefully, politicians.
You really think T15 going to do all that just because petrol price go up?? Lol
The T15 ady start doing it you fool. You think they wait for this shit to come.
Punishing the rich i.e people who are capable are stupid. If I am a smart leader, I will punish the lazy and the poor so that under me everyone is scared to be poor. Malaysia will become high income earning country in no time
Rule No. 1
Weaponize poverty and keep the poor addicted to handouts. This will guarantee votes
My salary alone is T15 but I do not have the money to migrate. I have no business too. I am just a poor worker, worrying everyday not enough money to pay for education fee of my kids.
Single with income more than RM12~13k considered as T15 sounds reasonable.
But married couple with income more than RM6000 each considered as T15? Seriously?
Same total income by spent 2 people, what if there are children some more?
Kesian T15 dahlah bayar tax a lot. Last time the argument was that T20 uses more subsidy then the rest. If they downgrade their cars, it’s the same as others, so they should enjoy the subsidy like others?
If you’re really T15, doubt the extra in fuel price is going to make you starve. What is it? 500 bucks extra a month? If you’re crying about fuel hikes, you’re not T15. Chill tf out.
But i not willing to give my money to government even though i’m T15. the MPs all enjoy stacked pension plan and benefit packages and allowances on top of their salary using tax payers money. They should cut their benefits too.
Sorry, tax is not voluntary. What we pay in tax goes to a lot more than just paying federal staff and more specifically ministers and whatever their compensation packages are. If you’re that concerned about it, I suggest creating a movement to push for real change by pressuring policy makers. I’ll definitely sign up for such a cause.
Bitching about paying more for fuel in tax because you’re earning more is kind of silly. It is just another form of progressive tax, get over it.
If you are not willing to give your tax money, then buy an EV, zero tax. Then install rooftop solar so you also wont be paying to TNB.
Bad bad decision. Sad to this happening. Treat everyone equal!
Better jusst set 1.5 liter engine car Non Turbo.can get subsidy if show My Kad. These will push our local car industries too. It doesnt mattet wheyher you are T15 or T5 , if you drive a small 1.5 litre car then you got subsidy. Have to set a target how muvh petrol can be used a month..Its fair for all. Rakyat dont want to subsidised poorbpeople driving Fuel Guzxlers car either. .The people have no choice but to downgrade to.smaller CC car to reduce CO2 footprint. Goverment also no need to suvsized s much as how much a 1.5 litre car consime. Further 1.5 lire is Afta car..
If we can vote you to be PM, we can pull you down anytime!
A lot of people here perasan they are top 15% of the total Malaysian population. Haha.