PUTRAJAYA – Employers who bear the cost of Covid-19 screening for their employees this year will get double the tax deduction, said Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz.
“Individuals can also receive tax exemptions for screening costs,” he said in a media briefing on the Malaysian Economic and Rakyat’s Protection Assistance Package (Permai) here today.
Tengku Zafrul said the Social Security Organisation will bear the cost of screening foreign workers in red zones.
On the i-Sinar programme, Tengku Zafrul said the Employees Provident Fund has agreed to facilitate it, and so far only 1% of applications have not been approved.
Regarding the moratorium, he said the approval rate is at more than 95% for individuals while for small and medium enterprises, the approval rate is 99%.
“We need to help those most affected. If open to all, the resources will be stretched. Better to support the needy than provide unnecessary blanket assistance for those who do not need it,” he said. – Bernama, January 19, 2021
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