Help for Covid-Hit SMEs in Survival Mode

Help for Covid-Hit SMEs in Survival Mode 

 

Thanks to Covid-19, it's a tough time for small businesses everywhere. 

Just as well there are an assortment of reliefs and assistance from the government. 

KPMG Malaysia's Head of Tax Tai Lai Kok discusses. 

Reach him on LTAI1@kpmg.com.my 

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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 

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