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Monday, June 25, 2012

Companies to get 100% tax rebate on expenses for holding Family Day events

Good news for private sector companies which hold Family Day gatherings and events.

From The Star..

KUALA LUMPUR: Private sector companies will get a 100% tax rebate on expenses to hold their 1Malaysia Family Day celebrations in conjunction with the national-level celebration in November this year, said Prime Minister Datuk Seri Najib Tun Razak.

Najib, who assumed the responsibility of the Women, Family and Community Development Ministry in April, made the announcement in Parliament Monday, saying this was part of the ministry's move to further strengthen the family institution.

"I am glad to announce that November has been fixed for the national-level 1Malaysia Family Day celebration this year.

"Private companies that hold events to mark the celebrations would be given 100% rebate on expenses incurred to organise their respective events," he said, when answering a question raised by Zuraida Kamaruddin (PKR-Ampang) in Parliament.

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