Permerkasa: Ailing tourism, entertainment sectors to get tax break extensions, cash aid | Malay Mail

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Permerkasa: Ailing tourism, entertainment sectors to get tax break extensions, cash aid

Wednesday, 17 Mar 2021 08:24 PM MYTA store keeper in Jalan Tuanku Abdul Rahman watching the live telecast of Prime Minister Tan Sri Muhyiddin Yassin announcing the Pemerkasa economic recovery programme, March 17, 2021. ― Picture by Hari AnggaraKUALA LUMPUR, Mar 17 — The government will extend the tourism and service tax exemption for all hoteliers until December 2021 under the Pemerkasa programe to revitalise the economy.

It will also extend tax incentives for all tourism firms until 2022, defer income tax deductions for cinema and spa operators from April until December, and exempt entertainment taxes for operators of theme parks, stage performances, sporting events and competitions, as well as for all movies played in cinemas in the Federal Territories.

“We’re also channelling a one-off special grant up to RM3,000 to more than 5,000 tourism agencies who have registered with the Tourism and Culture Ministry,” Prime Minister Tan Sri Muhyiddin Yassin said today during his nationwide address.“I believe that in a short period of time when many of us have taken the vaccine, the government is willing to allow them to cross state borders in stages. We may even have a green lane to allow crossing state lines that involve air transportation.

“With this discount extension the government will bear the cost which is RM135 million,” added Muhyiddin.

 

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