by Cheng & Co | Oct 30, 2021 | Grants & Incentives, Tax
Executive Summary Dear Reader This unprecedented COVID-19 has presented us with new challenges, particularly in public health and economic management. Although 2021 was expected to be a recovery year, the impact of the pandemic still lingers on and delays the nation’s...
by Cheng & Co | Jul 5, 2021 | Featured Article, Grants & Incentives
The implementation of the National People’s Well-Being and Economic Recovery Package (PEMULIH) announced by our Prime Minister, YAB Tan Sri Muhyiddin Yassin on 28 June, is a new initiative to add relief to Malaysians as Malaysia continues to remain in lockdown under...
by Cheng & Co | Mar 19, 2021 | Grants & Incentives, Tax
Strategic Programme to Empower the People and the Economy (PEMERKASA), comprises a total of 20 strategic initiatives in accelerating economic growth, and strengthen the country’s competitiveness where the focus is on attracting investments, boosting external trade and...
by Cheng & Co | Feb 4, 2021 | Grants & Incentives, Tax
The Government has initially introduced special tax deduction on cost of renovation incurred from 1 March to 31 December 2020 in the first economic stimulus package announced by our former Prime Minister, Tun Dr. Mahathir Mohamad on 27 February 2020. This initiative...
by Cheng & Co | Jan 25, 2021 | Grants & Incentives
Our government has released the FAQ of PERMAI Wage Subsidy Programme 3.0 on 19 January 2021 for the economic sectors affected by Movement Control Order (MCO) 2.0. Eligible companies may get 1-month financial aid of RM 600, up to 500 employees. The new application must...
by Cheng & Co | Jan 20, 2021 | Grants & Incentives
On the 18th of January 2021, the Prime Minister of Malaysia, Yab Tan Sri Dato’ Haji Muhyiddin Bin Haji Mohd Yassin made a special announcement on PERMAI assistant package and below are the highlights: Stepping up Testing of Employees Tax relief for full health...
