A very concise and good reference from GrantThornton for the just announced assistance package for MCO 2.0; PERMAI. I think most readers may want to refer to what’s available to them as an individual. Please refer below:
1. PERSONAL TAX RELIEF FOR COVID-19 SCREENING EXPENSES
Currently, a resident individual is given a tax relief of up to RM8,000 for :
i. medical expenses for treatment of serious diseases for self, spouse or child;
ii. fertility treatment for self and spouse;
iii. full medical check-up expenses for self, spouse or child (maximum of RM1,000); or
iv. specific vaccination (including Covid-19) expenses for self, spouse or child (maximum of
To further support individuals to conduct Covid-19 screening and detection tests privately, it is proposed that expenses for Covid-19 screening be included as part of the full medical check-up expenses and be eligible for tax relief.
Effective date : From year of assessment 2021
2. EXTENSION OF SPECIAL PERSONAL TAX RELIEF OF UP TO RM2,500 TO INDIVIDUALS
FOR THE PURCHASE SMARTPHONE, PERSONAL COMPUTER OR TABLET
Previously, a special tax relief of up to RM2,500 was given to resident individuals who purchased smartphone, personal computer and tablet for work-from-home arrangement.
To be eligible for this tax relief, the purchases must be made from 1 June 2020 to 31 December 2020.
Acknowledging the reliance of individuals on the use of digital equipment, it is proposed that the special tax relief of RM2,500 be extended to individuals who purchase these equipment in the year 2021.
Effective date : 1 January 2021 to 31 December 2021
The below image shows a summary of Extension of Time and Expansion of Scope for Individual Tax, Corporate Tax, indirect tax and Others.
For a full version of PERMAI, Do download the full guide from GrantThornton here
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