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FAQ for rental reduction of business premise dated on 19 February 2021 in corresponds to PERMAI.

Inland Revenue Board of Malaysia (IRBM) publised a revised version of FAQ for rental reduction of business premise.

The summary of the changes are as follow:

  • Rental reduction relief for landlord from April 2020 to June 2021
  • Previously only applicable business premise rent out to SME Tenant, but now extend to include Non-SME Tenant
  • Qualified Period for SME Tenant will be from April 2020 – June 2021, while Non-SME Tenant only applicable from January 2021 – June 2021

It is to be reminded again on the criteria, documentation and information required in order to fulfill the further deduction as follow:

  • At least 30% rental reduction from the original rental charge
  • Only commercial business premise which use for business purpose is qualified for further deduction
  • Tenancy Agreement must be stamped
  • Tenant SME status confirmation – registered SME and have obtained the SME status Certificate from SME Corp Malaysia
  • Application of SME Certificate can be done from or official website of SME Corp Malaysia
  • Preparing the Schedule of Rental Deduction as per HK-Schedule which include the information of tenant, monthly rental charge, reduction amount and any relevant information

Please click here for the related FAQ.


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