March 2020

Prihatin Rakyat Economic Stimulus Package

To Our Valued ClientsFurther to the announcement of the "2020 Economic Stimulus Package" a month ago to mitigate the impact of the COVID-19 pandemic, our Prime Minister, YAB Tan Sri Dato' Haji Muhyiddin Bin Haji Mohd Yassin has on 27th March 2020 unveiled the second Economic Stimulus Package known as "Prihatin Rakyat Economic Stimulus Package". The 3 main thrusts of this RM250 billion package are preserving the welfare of the rakyat, supporting businesses and strengthening the country’s economy.

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IRB/RMCD's Response to COVID-19 and Movement Control Order

To Our Valued ClientsIn response to the on-going COVID-19 pandemic affecting the nation, the Government of Malaysia has implemented the Movement Control Order ["MCO"] from 18th March 2020 to 31st March 2020 to curb the outbreak. Following this, the Inland Revenue Board ["IRB"] has issued a press statement notifying the closure of all its premises throughout Malaysia during this period. At the same time, the IRB has put in place certain measures to assist taxpayers impacted by the COVID-19 pandemic and global economic downturn to manage their tax compliance matters and ease their financial burden.

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