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MoT, SME Bank launch financial scheme to help tour operators in SR

MoT, SME Bank launch financial scheme to help tour operators in SR
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Suffering hotel industry seeks tax exemptions


Suffering hotel industry seeks tax exemptions
FMT Reporters
© Provided by Free Malaysia Today
Hotel operators are hoping for tax breaks as the industry has been crippled by the on-off travel restrictions.
PETALING JAYA: The government should introduce special tax measures, including tax breaks for the tourism and hotel industry badly affected by the internal travel ban under the movement control order (MCO).
Malaysia budget & business hotel association (MyBHA) deputy president Ganesh Michiel said in a statement that the state and federal governments should provide exemptions on tax assessment for the year 2020 and 2021 for all hotels.
The association also requested for a special tax incentive until 2022 for all affected industry players. ....

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