by Cheng & Co | Apr 7, 2020 | Business, Tax
WAGES SUBSIDY PROGRAMME 2.0 Wage subsidy allocation increased to RM13.8bil compared from RM5.9bil announced on March 27, an additional RM7.9bil. SPECIAL GRANT SCHEME The creation of a RM2.1Billion Prihatin Special Grant for all SMEs that qualify. The Government will...
by Cheng & Co | Apr 3, 2020 | Business, Tax
文章提供者：陈为龙, Chengco PLT 管理合伙人 现在整个世界都笼罩在新冠肺炎（COVID-19）的阴云之下，马来西亚的感染病例更是一路飙升。从政府2020年3月18日开始行动管制令（MCO）至今，无数中小企业陷入生意危机。为了避免日常运营中的任何突发事件对收入产生负面影响，为了顺利度过封锁期、停工期和未来可能出现的紧急情况，中小企业的首要任务是知道如何使你的现金流最大化发生作用？ 解决现金流问题...
by Cheng & Co | Apr 2, 2020 | Business, Tax
By Tan Wae Leng, Managing Partner, Chengco PLT The whole world is under the cloud of COVID-19, more so Malaysia with the sudden spike in infection cases. With the government declaring a movement control order on 16 March 2020, countless SMEs are likely to be caught...
by Cheng & Co | Mar 30, 2020 | Business, Tax
ADDITIONAL HEALTHCARE FUND An additional RM1 Billion to the Ministry of Health for the purchase of equipment and services related to fighting-off Covid-19. INSURANCE COVERAGE Testing costs coverage up to RM 300 for insurance and Takaful policyholders. INSURANCE...
by Cheng & Co | Mar 12, 2020 | Business, Tax
APPLICATION PROCEDURES Only employers need to fill out the Submission Form 17A (Khas 2020). Employees who want to keep it at 11%, are required to individually sign the form. There are many questions about the new provident fund policy in the recently announced...
by Cheng & Co | Mar 5, 2020 | Business, Tax
Malaysia Government has announced a RM20 Billion Fiscal Stimulus Package on 27 February 2020. Cheng & Co’s team have highlighted all the important points below: HIGHLIGHTS AT A GLANCE… 1. Deferment of monthly tax instalments for a period of 6 months...
