During today’s live address, Prime Minister Muhyiddin Yassin has introduced an additional aid package (PERMAI) to help Malaysians cope with the impact of COVID-19. The Permai assistance package has included an initiative to help tourism industry players who were badly affected by the COVID-19 pandemic.
Prime Minister said that under the package, the government has agreed to provide a one-off financial assistance of RM500 to alleviate the burden faced by tourist guides as well as drivers. This will benefit 14,000 tourist guides as well as 118,000 drivers of taxis, school buses, tour buses, rental cars and e-hailing vehicles.
In addition, the government currently provides an exemption from excise duty and sales tax for the purpose of transfer, disposal and private use of taxis, provided the vehicle is owned for seven years. Muhyiddin announced that this condition has been reduced to five years, effective from Jan 1 to Dec 31, 2021.
He also announced in today’s special address the introduction of a new Bus and Taxi Hire Purchase Rehabilitation Scheme where those involved will get a 50% guarantee on financing from hire purchase and leasing companies.
“Syarikat Jaminan Pembiayaan Perniagaan will introduce a Bus and Taxi Hire Purchase Rehabilitation Scheme. Under this scheme, a 50 per cent guarantee on financing from hire purchase and leasing companies will be provided for selected buses such as sightseeing buses, and taxis. Through this, bus and taxi operators can restructure their financing and enjoy a 12-month moratorium and lower monthly repayments.”
RM24 mil allocated for delivery riders as contributions under SOCSO’s Self-Employment Social Security Scheme
Meanwhile, to acknowledge the contribution of delivery riders who form the backbone of the delivery services of goods and meals during the MCO period, Muhyiddin announced a RM24 million allocation to fund the full contribution under Socso’s Self-Employment Social Security Scheme.
To date, almost 32,000 applications from delivery riders have been received under the scheme.