Reinstate Tax Exemptions For Tour Operators In Budget 2025 Govt Told


 
Malaysian Tourism Federation president Tan Kok Liang said its members want the tax exemptions that were withdrawn in 2023 to be reintroduced. (Bernama pic)
PETALING JAYA: The Malaysian Tourism Federation (MTF) has urged the finance ministry to reintroduce tax exemption incentives to support domestic travel, saying the tourism industry can use the taxes saved for marketing activities.
In a statement, MTF said broader and more inclusive tax incentives should be offered in Budget 2025 to accelerate tourism development for significant sub-sectors of the tourism industry.

A glaring exclusion is tax incentives for tour operators organising domestic or international travel groups in Malaysia, since it was withdrawn in the year of assessment 2023, it said.
MTF president Tan Kok Liang said the tax incentives, which first started in 2013, provided licensed tour operators tax exemptions on 100% of their statutory income.
The incentive required that operators organising international tour packages to Malaysia see participation of not less than 750 inbound tourists per year, while operators organising domestic tour packages see participation of not less than 1,500 local tourists per year.
Disappointingly, it was withdrawn in the tax assessment years 2023 and 2024, Tan told FMT.
MTF also called for a revisit of the currently available tax incentives, including pioneer status eligibility for hotels that have up to three stars and convention centres, and income tax exemption for organising specific conferences and sports events.
“These incentives should be reviewed to ensure they remain relevant and practical to reflect the current business environment, failing which they need to be updated or repealed in Budget 2025.

To position Malaysia as a premiere destination and increase international arrivals, there must be support and understanding from interlocking government agencies, more conducive policies and also aggressive private sector-driven initiatives backed by the government, it said. - FMT

Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2024/10/reinstate-tax-exemptions-for-tour.html

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Consider Budgeting For An Rci On Education Govt Told

Consider Budgeting For An Rci On Education Govt Told

papar berkaitan - pada 2/10/2024 - jumlah : 181 hits
A 2022 report ranked Malaysia among the top five countries in the world with the largest declines in test scores involving reading mathematics and science PETALING JAYA An academic has called on Prime Minister Anwar Ibrahim s government to ...
Will Budget 2025 See Govt S Transport Priorities Change

Will Budget 2025 See Govt S Transport Priorities Change

papar berkaitan - pada 12/10/2024 - jumlah : 218 hits
Will the upcoming Budget 2025 see the government change its approach towards transportation or should we brace for disappointment once again Past budgets have seen the government pursue flawed priorities Highway privatisation Until now ther...
Fiscal Responsibility Is The Key In Budget 2025

Fiscal Responsibility Is The Key In Budget 2025

papar berkaitan - pada 11/10/2024 - jumlah : 907 hits
Budget 2025 has a hard act to follow from last year when Prime Minister Anwar Ibrahim who is also the finance minister presented one of the best budgets in two decades The fundamental principles of moderate increases in spending higher reve...
Budget 2025 Taxing Issues Facing Anwar

Budget 2025 Taxing Issues Facing Anwar

papar berkaitan - pada 12/10/2024 - jumlah : 245 hits
Budget 2025 will be a fine balancing act for the government which on one side but on the other needs to ease the cost of living and the burden of taxes So far the Prime Minister has steadfastly and rightly resisted groundhog day calls for a...
Building On Budget 2024 Gains For A Progressive Malaysia

Building On Budget 2024 Gains For A Progressive Malaysia

papar berkaitan - pada 9/10/2024 - jumlah : 398 hits
From Andrew LimAs we approach the announcement of Budget 2025 there is widespread anticipation It is a time to reflect on the progress made since Budget 2024 recalibrate our goals and outline the next steps to propel Malaysia forward partic...
Lawyers Preparing For Legal Action Against Govt Over Rescued Gisbh Children

Lawyers Preparing For Legal Action Against Govt Over Rescued Gisbh Children

papar berkaitan - pada 9/10/2024 - jumlah : 226 hits
A group of lawyers said there were claims the separation of children from their parents had occurred outside the boundaries of legal protocol including those envisaged under the Convention on the Rights of the Child PETALING JAYA A group of...
Budget 2025 Jadi Tumpuan Parlimen Misi Ke Laos Berjalan Dengan Lancar

Budget 2025 Jadi Tumpuan Parlimen Misi Ke Laos Berjalan Dengan Lancar

papar berkaitan - pada 13/10/2024 - jumlah : 154 hits
Pembentangan Belanjawan 2025 oleh Perdana Menteri Datuk Seri Anwar Ibrahim bakal menjadi tumpuan utama pada Mesyuarat Ketiga Penggal Ketiga Parlimen ke 15 yang akan bersidang selama 35 hari bermula Isnin ini hingga 12 Dis depan Belanjawan b...
Budget 2025 Show Me The Money

Budget 2025 Show Me The Money

papar berkaitan - pada 14/10/2024 - jumlah : 425 hits
Extract from Thick as a Brick s Suggestions to address the problems of the rakyat is greatly appreciated Still its about the spending side Government s PR machine can gloat on the stronger ringgit to claim country is out of the deep hole bu...
Foreign Workers Or Pedophiles Large Number Of Migrants At Playground Sparks Debate

Tahniah Marygrace Juara Calpis Soda One In A Million

Why Asean Needs To Be Understood On The Terms Of The Un And Asean Charter

Ransomware And Medical Devices The Growing Threat And How To Mitigate Risks

Tahun Baru Cina Di Menara Condong Teluk Intan

Beli Dragon Fruit Di Kuala Pilah

Lirik Lagu Walau Empty Page

Malaysia Sarong Music Run 2025


echo '';
Ramalan Peserta Gegar Vaganza 2025 2026 Musim 12 GV12

Keputusan Markah Konsert Akhir Final Gegar Vaganza 2024 2025 GV 11 Juara Pemenang Finalis

Senarai Lagu Tugasan Konsert Akhir Gegar Vaganza 2024 2025 Musim 11 Minggu 12

Keputusan Markah Peserta Konsert Minggu 11 Gegar Vaganza 2024 2025 Musim 11 Separuh Akhir

5 Undang Undang Aneh Berkait Bendera Kebangsaan di Seluruh Dunia


Sarapan Dipagi Minggu

Mak Dan Kak Long Gi Umrah

Recover Faster After Surgery With Physiotherapy

Apa Hukum Menghentikan Solat Fardu Dan Solat Sunat

Rumc Mi The Leading Medical Informatics School In Malaysia

Perbezaan Pembantu Akauntan W1 Dan Pembantu Tadbir W1