Budget 2024 Insights
The Malaysian 2024 Budget, which is themed “Madani Economy: Empowering the People”, was announced on...
Additional Prihatin Stimulus Package
On 6 April 2020, additional measures to the Prihatin Rakyat Economic Stimulus Package (“ESP”) amounting to RM10 billion were announced by the Prime Minister. The additional measures are mainly for the benefit of Small and Medium Enterprises (“SMEs).
The key measures are summarised below:
Extension of Important Tax Deadlines
On 3 April 2020, the Inland Revenue Board (IRB) announced several extended tax deadlines and new measures in light of the Movement Control Order (MCO) that is currently in place until 14 April 2020 via a list of Frequently Asked Questions (FAQ).
The key measures are summarised in the table below. Please also refer to our Axcelasia Insights Issue 5 and Issue 6 for details that have been announced previously…
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