Tax Bulletin 24 Sep 2020 - PRIHATIN Supplementary Initiative Package

Kuala Lumpur, 24 Sep 2020 - The Prime Minister has announced the KITA Prihatin stimulus package valued at RM10 billion as additional initiatives and assistance specifically for the rakyat on 23 September 2020. The package targets the local workers and micro traders in various fields as well as the B40 and M40 groups.
Prior to the KITA Prihatin, the Government had unveiled various economic stimulus packages such as Prihatin, Prihatin Plus and Penjana totaling RM295 billion.
One of the highlights under the KITA Prihatin is the Targeted Wage Subsidy Programme (“WSP 2.0”).  Below are the key points on the WSP 2.0:-

Further details will follow as and when they are made available.

For any enquiries or assistance, please contact any of the following in this office:

Mr Anand Chelliah
Managing Partner, Tax Services
Asia Pacific Tax Leader

Mr Marcus Tan
Executive Director (Corporate Tax & Tax Incentive), Tax Services
DL: +6 (0)3 2297 1521

Mr Yohan Francis
Executive Director (International Tax & Transfer Pricing), Tax Services
DL: +6 (0)3 2297 1096

Mr Murugan Anbanantham
Director (Technical), Tax Services
DL: +6 (0)3 2297 1004

Ms Tay Siew Chu
Associate Director (Corporate Tax & Personal Tax), Tax Services
DL: +6 (0)3 2297 1139

Ms Sandra Saw
Associate Director (Corporate Tax & Sales Tax and Service Tax), Tax Services
DL: +6 (0)3 2297 1146