EY Special Tax Alert No. 1/2021 – PERMAI Assistance Package

EY has released its Special Tax Alert No. 1/2021 on Perlindungan Ekonomi dan Rakyat Malaysia (PERMAI) assistance package.

The PERMAI assistance package improves on the existing on-going initiatives and also accelerates the implementation of related initiatives. The three main objectives of the package are:

  • First: Combat the COVID-19 Outbreak
  • Second: Safeguard the welfare of the people; and
  • Third: Support business continuity

This special tax alert covers the tax measures and selected initiatives such as Wage Subsidy Program 3.0 and HRDF levy exemption.

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