EY Special Tax Alert No. 2/2021 – Strategic Programme to Empower the People and Economy (PEMERKASA)
EY has released its Special Tax Alert No. 2/2021. This issue focuses on the Strategic Programme to Empower the People and Economy (PEMERKASA), covering:
- Additional deduction for expenditure incurred on rental of premises and workers’ dormitories
- Double deduction for COVID-19 screening costs
- Expansion of scope of tax relief for domestic travel expenditure
- HRDF levy exemption
- Excise duty exemption on locally assembled motorcycles under the TEKUN Mobilepreneur programme
- Extension of service tax and tourism tax exemption on accommodation premises
- Entertainment duty exemption on entrance fee within the Federal Territories
- Enhancement of the National Authorised Economic Operator (AEO) facility
- Extension of Wage Subsidy Programme 3.0
- Other incentives for tourism and other affected industries
