fbpx
Connect with us

News

If You’re A SME Owner, Here’s How You Can Get RM3,000 One-Off Aid From The Government

Published

Pjimage 2020 09 25T130551.488
Source: Bernama & SME Magazine

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

In his announcement on 23 September, Prime Minister, Tan Sri Muhyiddin Yassin announced a new package called Kerangka Inisiatif Tambahan Prihatin (Kami Prihatin) to help Malaysians struggling during the Recovery Movement Control Order.

One of the sub-packages announced was GKP 2.0 (Geran Khas Prihatin 2.0) intended to help SME (Small and medium-sized enterprises) owners. GKP 2.0 is a one-off financial assistance amounting to RM3,000 for qualified business owners to alleviate the financial burden of their business while increasing production and service productivity.

Sme1

How to know if I’m eligible for the GKP 2.0?

Firstly, you need to fulfil these eligibility requirements :

  • Not a previous GKP recipient
  • Applicants must have Malaysian citizenship status
  • If you’re running a Micro SME, your business needs to have a total annual sales or turnover less than RM300,000 AND your number of full-time employees must not exceed 4 people, not including owners.

Next, you need to check if you’ve registered with these agencies:

  • Inland Revenue Board of Malaysia (LHDNM) before or on 31 August 2020; or
  • Local Authorities (PBT) or Companies Commission Malaysia (SSM) before or on 31 August 2020

Your business also has to be actively running when you make the application.

Choy Gst Print 2501

To apply for the GKP 2.0, you must submit an online application through the official GKP Portal here as manual applications will not be accepted. Applications will be opened starting on 1 October and will end on 31 October 2020. You can check if your application is successful beginning 15 November 2020.

If your application is successful, the payment will be credited into your bank account starting 25 November 2020!

 

Also read: PM: Employees From Companies That Have Suffered 30% Loss In Revenue To Get RM600 Pay Subsidy

Pjimage 2020 09 23T150316.986

Source: Bernama
Source: SME Magazine


Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Aa033Cba 2B52 4101 83C3 632D7632E872 Aa033Cba 2B52 4101 83C3 632D7632E872
News21 hours ago

Flash Flood in Kedah Sweeps 8 Villages, Family Of 3 Washed Away by Floodwaters

On Monday (4th July), a flash flood in Baling, Kedah has entirely wiped out 8 villages, including 3 family members....

My Post 2022 07 04T182304.718 My Post 2022 07 04T182304.718
News2 days ago

M’sian Arrested After Killing Wife & 3mo Son & Fleeing Naked On A Motorcycle

A father was stunned to see his daughter and grandson covered in blood and lifeless after being stabbed in the...

Collage 1 Collage 1
News2 days ago

M’sian Modifies His Nissan Skyline R32 Into A Police Car For Automotive Exhibition, PDRM Investigates

Creativity knows no bounds, but sometimes, we must have certain boundaries while being creative in order to avoid disappointing certain...

My Post 2022 07 04T110713.231 My Post 2022 07 04T110713.231
News2 days ago

WATCH: Motorcyclist Allegedly Sniffs Glue While Riding Without Helmet & Number Plate

The Royal Malaysian Police (PDRM) is currently looking for a man who is shown in a viral video riding a...

Inflation Fgt Inflation Fgt
News3 days ago

PM: M’sia Has Low Inflation Rate Compared To Other Countries

According to Prime Minister Ismail Sabri Yaakob, the rise in living costs happens not only in Malaysia but worldwide, and...

Feat Image Traveller Pass Mysejahtera Ons Feat Image Traveller Pass Mysejahtera Ons
News4 days ago

KJ: MySejahtera’s Traveller Pass No Longer Needed For M’sians Returning Home Starting 4 July

Health Minister Khairy Jamaluddin has announced that the requirement for Malaysians coming back to the country from overseas to complete...

Feat Image Pre 20 Feat Image Pre 20
News4 days ago

Tourism Minister: M’sians Can Redeem Up To RM100 E-Vouchers To Purchase Domestic Flight Tickets

Tourism, Arts and Culture Minister Datuk Seri Nancy Shukri yesterday announced that five airlines are offering e-vouchers valued between RM25...

Cannabis Infused Food Thailand 1 Cannabis Infused Food Thailand 1
News6 days ago

Minister Urges M’sians To Not Consume Cannabis-Infused Food & Drinks In Thailand

Many Malaysians and Singaporeans love to go to Thailand for short vacays as it is cheap and nearby. Recently, Thailand...

Announcement

Latest Videos



TRENDING TODAY