On 17 March 2021, our honorable Prime Minister, Tan Sri Dato' Muhyiddin Yassin, has unveiled the PEMERKASA package worth RM20 billion.
The PEMERKASA package focuses on 20 strategic initiatives to boost economic growth, support business, and to continue to provide targeted assistance to the people and sectors that are still affected by the COVID-19 pandemic.
We are pleased to provide the highlights of the proposed key measures for your attention.
KPMG's PEMERKASA Package Highlights and the relevant reading materials can be accessed via the above links.
Should you have any questions or require further clarification, please do not hesitate to contact any of our Executive Directors, Directors, Associate Directors or Managers whom you are accustomed to dealing with or who are responsible for the tax affairs of your organisation.
The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.
Tai Lai Kok
Head of Tax