GST, HVGT, could resurface as part of Budget 2025 alongside RON95 rationalisation, says RHB analyst. Are we ready?
主页 新闻 所有资讯 PEMERKASA+ Brings Extended New Car SST Exemption, 3 Month Moratorium PEMERKASA+ Brings Extended New Car SST Exemption, 3 Month Moratorium 所有资讯 Jim Kem | June 01日, 2021 09:48 AM On the eve of the two week ‘total lockdown’ starting June 1st, Prime Minister Tan Sri Muhyiddin Yassin announce announced a new RM40 billion relief package as well as an RM5 billion direct fiscal stimulus under the name PEMERKASA+. The majority of this is to be used to strengthen the public healthcare system, ensure the continuity of businesses, and to support public welfare, according to his hour-long speech detailing the ways funds endowed to PEMERKASA+ will be channelled. If your mouth was frothing at the mention of a new moratorium period, know that this isn’t as widespread or all-encompassing as the one we saw in 2020 that lasted for 6 months. Though all borrowers are allowed to apply through their respective banks, the 2021 moratorium will be carried out using a targeted approach and will be granted only to those within the B40 income classification, eligible SMEs not allowed to operate during the MCO, and those who have recently lost their jobs. For eligible recipients, an automatic loan moratorium will be in effect for 3 months or a 6 month period with a 50% repayment reduction, both starting from June 2021. This will, according to the Prime Minister, provide financial relief to over 5 million Malaysians totalling approximately RM30 billion. Next, the PERMERKASA+ packages will also include an initiative to extend the sales tax exemption for passenger vehicles to December 31st, 2021. Prior to last night’s announcement, the ‘SST discount’ period, which was initiated on June 15th 2020 under the PENJANA stimulus plan, was originally scheduled to end on December 31st 2020 but was extended by a further 6 months to June 30th of this year. The terms of the SST exemption remain unchanged, however, which means that fully imported vehicles (CBU) will enjoy a 50% cut while locally-assembled (CKD) cars will be given a full 100% waiver. As you might expect, the resulting lowered new vehicle prices did indeed spur demand in the automotive industry, which was especially synergistic as the past 12 months has been witness to 2 highly anticipated and popular new models from local carmakers Proton and Perodua. Though it will certainly reduce the burden of a new vehicle purchase and help sustain demand, it’s less certain if 2020’s strong industry volume can be beaten. April 2021, for example, has seen a 12.3% decline in new vehicle sales over the previous month, though that could likely be attributed to restrictions imposed by Movement Control Order as well as the global chip shortage. ✕ 使用 WhatsApp 联系 我们依据 PDPA 保护您的个人信息。 我同意 Carlist.my 的使用条款和隐私政策 我同意接收来自 Carlist.my 及其汽车销售商、业务附属机构和合作伙伴的个性化通信。 查看最佳汽车优惠! Prev Next 特价 - 马上拨电! 天 小时 平均市场价格 为什么没有价格? 有时经销商希望您以最优惠的价格联系。 I 为什么没有价格? 有时经销商希望您以最优惠的价格联系。 相关标签 PEMERKASA Prime Minister Muhyiddin Yassin PENJANA Moratorium SST Exemption 打印 Jim Kem Content Producer There's just something about cars. It's a conveyance, it's a liability, it's a tool; but it can also be a source of joy, pride, inspiration and passion. It's much like clothes versus fashion. And like the latter, the pursuit of perfection never ends. 相关文章 Used Car Dealers See Record Breaking Sales in July 所有资讯 Gokul | August 04日, 2020 Thanks to the Short-Term Economic Recovery Plan (Penjana) announced by Prime Minister Tan Sri Muhyiddin Yassin in June, it is not only the new cars ... NRC, Muhyiddin Calls For Moratorium 2022 Edition 所有资讯 Jim Kem | September 13日, 2022 No matter how relaxed we’ve become in terms of health practices and protocols, the aftermath of COVID-19 continues to wreak havoc on small and medium ... PM Announces 3-Month Targeted Moratorium Extension 所有资讯 Jim Kem | August 12日, 2020 After calls for an extended loan moratorium, our PM has spoken up.In a public address this afternoon, Prime Minister Tan Sri Muhyiddin Yassin went ... NO SST Exemption Past June 30, 2022 But... 所有资讯 Jim Kem | June 20日, 2022 No further SST exemptions but buyers who have made their bookings during this ‘tax holiday’ period will have until March 31st, 2023 to register their ... 留言
PEMERKASA+ Brings Extended New Car SST Exemption, 3 Month Moratorium 所有资讯 Jim Kem | June 01日, 2021 09:48 AM On the eve of the two week ‘total lockdown’ starting June 1st, Prime Minister Tan Sri Muhyiddin Yassin announce announced a new RM40 billion relief package as well as an RM5 billion direct fiscal stimulus under the name PEMERKASA+. The majority of this is to be used to strengthen the public healthcare system, ensure the continuity of businesses, and to support public welfare, according to his hour-long speech detailing the ways funds endowed to PEMERKASA+ will be channelled. If your mouth was frothing at the mention of a new moratorium period, know that this isn’t as widespread or all-encompassing as the one we saw in 2020 that lasted for 6 months. Though all borrowers are allowed to apply through their respective banks, the 2021 moratorium will be carried out using a targeted approach and will be granted only to those within the B40 income classification, eligible SMEs not allowed to operate during the MCO, and those who have recently lost their jobs. For eligible recipients, an automatic loan moratorium will be in effect for 3 months or a 6 month period with a 50% repayment reduction, both starting from June 2021. This will, according to the Prime Minister, provide financial relief to over 5 million Malaysians totalling approximately RM30 billion. Next, the PERMERKASA+ packages will also include an initiative to extend the sales tax exemption for passenger vehicles to December 31st, 2021. Prior to last night’s announcement, the ‘SST discount’ period, which was initiated on June 15th 2020 under the PENJANA stimulus plan, was originally scheduled to end on December 31st 2020 but was extended by a further 6 months to June 30th of this year. The terms of the SST exemption remain unchanged, however, which means that fully imported vehicles (CBU) will enjoy a 50% cut while locally-assembled (CKD) cars will be given a full 100% waiver. As you might expect, the resulting lowered new vehicle prices did indeed spur demand in the automotive industry, which was especially synergistic as the past 12 months has been witness to 2 highly anticipated and popular new models from local carmakers Proton and Perodua. Though it will certainly reduce the burden of a new vehicle purchase and help sustain demand, it’s less certain if 2020’s strong industry volume can be beaten. April 2021, for example, has seen a 12.3% decline in new vehicle sales over the previous month, though that could likely be attributed to restrictions imposed by Movement Control Order as well as the global chip shortage. ✕ 使用 WhatsApp 联系 我们依据 PDPA 保护您的个人信息。 我同意 Carlist.my 的使用条款和隐私政策 我同意接收来自 Carlist.my 及其汽车销售商、业务附属机构和合作伙伴的个性化通信。 查看最佳汽车优惠! Prev Next 特价 - 马上拨电! 天 小时 平均市场价格 为什么没有价格? 有时经销商希望您以最优惠的价格联系。 I 为什么没有价格? 有时经销商希望您以最优惠的价格联系。 相关标签 PEMERKASA Prime Minister Muhyiddin Yassin PENJANA Moratorium SST Exemption
Used Car Dealers See Record Breaking Sales in July 所有资讯 Gokul | August 04日, 2020 Thanks to the Short-Term Economic Recovery Plan (Penjana) announced by Prime Minister Tan Sri Muhyiddin Yassin in June, it is not only the new cars ...
NRC, Muhyiddin Calls For Moratorium 2022 Edition 所有资讯 Jim Kem | September 13日, 2022 No matter how relaxed we’ve become in terms of health practices and protocols, the aftermath of COVID-19 continues to wreak havoc on small and medium ...
PM Announces 3-Month Targeted Moratorium Extension 所有资讯 Jim Kem | August 12日, 2020 After calls for an extended loan moratorium, our PM has spoken up.In a public address this afternoon, Prime Minister Tan Sri Muhyiddin Yassin went ...
NO SST Exemption Past June 30, 2022 But... 所有资讯 Jim Kem | June 20日, 2022 No further SST exemptions but buyers who have made their bookings during this ‘tax holiday’ period will have until March 31st, 2023 to register their ...