Help for Covid-Hit SMEs in Survival Mode
Thanks to Covid-19, it’s a tough time for small businesses everywhere.
Fortunately, there are an assortment of reliefs and assistance from the government.
KPMG Malaysia’s Head of Tax Tai Lai Kok discusses.
Reach him on [email protected]
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Contents:
00:29 – Situation Report: how bad are SMEs hit?
02:24 – Addressing Direct (ie Fixed) Costs
02:54 – Wage Subsidy Program
03:26 – Support for Micro-Enterprises
04:05 – Non-SMEs Can Apply Too
04:32 – Applying to PERKESO
05:33 – Deferring Tax Obligations
06:52 – Deferring CP500 Deductions
08:01 – Rental Relief from Landlords
10:11 – Will Reliefs Extend Past 3 Months?
12:46 – How to Open For Business During MCO
16:13 – Grants and Easy Loans Also Available
