EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
Recent Searches
Updated guidelines on the application for approval under Section 44(11C) of the ITA for COVID-19 Relief Funds
The MoF has published on its website the updated guidelines on the application for approval under Section 44(11C) of the ITA for COVID-19 Relief Funds, dated 1 April 2022. The Guidelines are in Bahasa Malaysia and are titled “Garis Panduan Permohonan Untuk Kelulusan Di Bawah Subseksyen 44(11C), Akta Cukai Pendapatan 1967 Bagi Tabung Relif COVID-19” (Guidelines). The updated Guidelines are effective from 1 April 2022 until 31 December 2022.
Similar to the earlier Guidelines, the updated Guidelines provide guidance on the procedure and conditions to obtain the above-mentioned approval for the establishment of COVID-19 Relief Funds. Some of the key updates are outlined below.
- Qualifying contributions to the COVID-19 Relief Fund are now restricted to the following:
- Cash
- Equipment (e.g., ventilators, patient beds, air conditioners, air purifiers or filtration equipment)
- Consumables (e.g., masks, hand sanitizers, gloves, test kits and PPE)
Previously, qualifying contributions also included the following:
- Fresh or ready-to-eat food (e.g., rice, oil, sauces, sugar, canned food etc.)
- Services (e.g., cost of disinfection and sanitization (of roads, buildings, markets, places of worship etc.), portable toilets and delivery of supplies)
- Sponsorships (e.g., provision of permanent or temporary infrastructure such as tents or marquee tents)
- Qualifying recipients from the COVID-19 Relief Fund are now restricted to the following:
- Government departments or agencies
- Non-governmental agencies that are registered with the Companies Commission of Malaysia, Registrar of Societies or Legal Affairs Division of the Prime Minister’s Department
- Government hospitals
- Government schools
- Orphanages, old folks’ home or home for people with disabilities
- Homeless, hardcore poor or refugees
- Animal shelters or zoos
Previously, qualifying recipients also included the following:
- Private hospitals
- Public universities
Applications for the establishment of the COVID-19 Relief Fund must be submitted between 30 April 2020 and 31 December 2022 or the date the pandemic is declared by the WHO to have ended, whichever is earlier.