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

My Post 2021 09 17T142310.254 1 My Post 2021 09 17T142310.254 1
News21 hours ago

Around 1,733 LGBTQ Malaysians Have Been Sent To Religious Camps To Be ‘Nurtured’ As Of June 2021

Malaysia has always had rather strict views on the matters of the LGBTQ community. So much so, that the Malaysian...

Collage 26 Collage 26
News24 hours ago

5 Tourists Test Positive For Covid-19 in Langkawi On First Day Of Govt’s Tourism Bubble Pilot Project

Yesterday (16 September), a total number of 3,200 tourists stepped foot in Langkawi after the island finally opened its doors...

Ft Divorce Ft Divorce
News1 day ago

PM: Almost 78,000 Couples Nationwide Have Divorced Since The Start Of The Pandemic in 2020

The Covid-19 pandemic has certainly created a range of hardships that people have had to endure. One of the most...

My Post 2021 09 16T173600.630 My Post 2021 09 16T173600.630
News2 days ago

3,200 Tourists Arrived In Langkawi On 16 Sept, The First Day Of The Tourism Bubble Pilot Project

Today marks the first day that tourists are allowed to travel to Langkawi in the government’s Langkawi Tourism Bubble Pilot...

Zumba Zumba
News2 days ago

Physical Contact Sports Allowed In Klang Valley For Fully Vaccinated Individuals Starting 17 Sept

Prime Minister Datuk Seri Ismail Sabri Yaakob announced yesterday (15 September) that physical sports and recreational activities are now allowed...

Internet22 Internet22
News2 days ago

KKMM Launches New “Affordable” Internet Packages To Aid Teenagers, Students & Families Starting 15 Oct

The Communications and Multimedia Ministry (KKMM) has launched two new Internet Packages yesterday (15 September) in hopes of helping teenagers...

Sarawak Sarawak
News2 days ago

Fully Vaccinated Individuals Can Enter Sarawak Without 14-Day Quarantine Starting 16 Sept

No Fully vaccinated individuals will be allowed to enter Sarawak without having to undergo the 14-day quarantine as previously implemented....

My Post 2021 09 15T144309.692 My Post 2021 09 15T144309.692
News3 days ago

‘Memalukan’ Chanted Across Parliament After Jelutong MP Kicked Out For Using The Word On Deputy Speaker

It’s no secret that Malaysian parliamentary sessions are just plain chaotic, so much so that parliamentary sittings in other countries...

Announcement

Latest Videos



TRENDING TODAY