Covid-19: Insights on Malaysian Tax Impact by Aishvini Anbarasan https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0 Group Assignment of Group 12 en-us 2020-11-08 12:18:54 UTC 2025-01-28 16:02:21 UTC hello@padlet.com https://padlet.net/icons/png/1f4b0.png Group Members Name: aishvinianbarasan https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/901475850 1)Aishvini a/p Anbarasan  I20019802
2)Ashvinie Nair a/p Sashi Easu Thavan I18014736
3)Darvena a/p Rajendran I17013512
4)Liban Abdullahi Ali I19016499]]> 2020-11-08 12:29:19 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/901475850 Malaysian Government Tax Incentives aishvinianbarasan https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/901484370 2020-11-08 12:36:21 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/901484370 5 areas of Tax Incentives aishvinianbarasan https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/901495436 2020-11-08 12:46:21 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/901495436 Short or Long term Stability of Tax Incentives aishvinianbarasan https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/901525297 2020-11-08 13:13:12 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/901525297 aishvinianbarasan https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/901544849 2020-11-08 13:30:24 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/901544849 Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902656468 2020-11-09 03:15:06 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902656468 Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902657179 2020-11-09 03:15:39 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902657179 Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902657681 2020-11-09 03:16:01 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902657681 Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902658560 2020-11-09 03:16:37 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902658560 Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902658894 2020-11-09 03:16:52 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902658894 Personal tax Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902667181 2020-11-09 03:22:48 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902667181 Business tax Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902667417 2020-11-09 03:22:59 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902667417 Tax relief on childcare services or kindergartens expenses will be increased from RM2,000 to RM3,000 for YAs 2020 and 2021. Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902668933 2020-11-09 03:24:11 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902668933 Special individual income tax relief of up to RM2,500 will be given for the purchase of mobile phone, notebook and tablet. Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902669470 2020-11-09 03:24:35 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902669470 Early withdrawal of contribution of up to RM1,500 from Account B of Private Retirement Scheme from 30 April 2020 to 31 December 2020 would be exempted from withholding tax. Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902669739 2020-11-09 03:24:48 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902669739 A tax deduction up to 300,000 given on expenses incurred on renovation and refurbishment of business premises effective from 1 march 2020 to 31 December 2020 Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902674915 2020-11-09 03:28:24 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902674915 Deferment of monthly tax installments for businesses in CP500 be deferred starting from April 2020 to June 2020 Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902675204 2020-11-09 03:28:35 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902675204 Tax incentives and other related stimulus packages introduced by Malaysian government Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902680113 2020-11-09 03:32:09 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902680113 1) Economic Stimulus Package (20 billion) Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902683806 Introduced 27/2/2020]]> 2020-11-09 03:34:56 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902683806 2) prihatin package (250 billion) Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902684521 introduced 27/3/2020]]> 2020-11-09 03:35:29 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902684521 3) Additional prihatin package (10 billion) Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902684975 introduced 6/4/2020]]> 2020-11-09 03:35:45 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902684975 4) Economic recovery plan (35 billion) Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902685690 Introduced 25/6/2020]]> 2020-11-09 03:36:09 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902685690 5) Kita prihatin package (10 billion) Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902685995 Introduced 23/9/2020]]> 2020-11-09 03:36:20 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902685995 Help ease the parents burden with regard to childcare expenses during CMCO of Covid-19. Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902703969 2020-11-09 03:48:56 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902703969 To support and encourage employees under work from home arrangements. Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902704872 2020-11-09 03:49:33 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902704872 Help assist small business operators and B40 families who have been financially affected by the MCO. Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902705529 2020-11-09 03:50:01 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902705529 Encourages businesses to undertake renovation and refurbishment in preparation for increased economic activity in the future. Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902705836 2020-11-09 03:50:14 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902705836 The deferment of monthly installment payments (CP500) will help all the businesses by not paying extra amount of money and wouldn't imposed to any tax penalties. Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902706041 2020-11-09 03:50:24 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/902706041 Mitigating the impact of COVID 19, spurring rakyat centric economic growth and promoting quality investment Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/903794144 2020-11-09 11:59:20 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/903794144 Protect welfare of the people, support businesses including SME and strengthen the country’s economy to weather the impact of COVID 19 Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/903795468 2020-11-09 12:00:01 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/903795468 Assist SMEs and micro businesses to withstand the impact of COVID 19 Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/903797314 2020-11-09 12:00:56 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/903797314 Empowering people, propelling businesses and stimulating the economy. Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/903799238 2020-11-09 12:01:53 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/903799238 Boost economic recovery Liban74 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/903801279 2020-11-09 12:02:47 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/903801279 Lifestyle Tax Relief ashvinie13 https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/1620596895 2021-06-23 00:36:30 UTC https://padlet.com/aishvinianbarasan/pay1637nyzdr3cl0/wish/1620596895