Kuala lumpur: Taxpayers in Malaysia have expressed the highest level of confidence in the accountancy profession of any country surveyed globally, with 79% citing professional accountants as a trusted source of tax information. This figure places Malaysia well ahead of the global average and top of the rankings among the 29 countries surveyed in 'Public Trust in Tax 2025: Asia and Beyond', a major new report by ACCA, IFAC, CA ANZ, and the OECD.
According to BERNAMA News Agency, the findings of the report highlight the significant trust Malaysians place in the accountancy profession, which is seen as a reliable source of guidance for tax-related matters. The survey indicates that digital services have played a pivotal role in boosting the confidence of taxpayers in Malaysia's national tax system. The adoption of digital tools for tax services has enhanced transparency and efficiency, contributing to the high trust levels observed.
The report sheds light on the positive impact of technological advancements on public perception and trust in tax systems, particularly in Malaysia. As digital services continue to evolve, the trend suggests that taxpayer confidence will likely remain strong, fostering a more robust tax system and compliance environment. The survey results underline the importance of maintaining and further developing digital solutions to support the accountancy profession and improve public trust.