In his particular tackle to the nation earlier at this time, prime minister Tan Sri Muhyiddin Yassin outlined additional aid measures introduced by the federal government beneath the Perlindungan Ekonomi dan Rakyat Malaysia (Permai) help bundle, which is price RM15 billion.
On the auto and transport entrance, there was point out of a one-off monetary help of RM500 to 118,000 drivers of taxis, college buses, tour buses, rental vehicles and ride-hailing automobiles in addition to 14,000 vacationer guides, with an allocation of RM66 million put aside for this.
That is an addition to the same bundle introduced final 12 months beneath the Bantuan Prihatin Nasional (BPN) help programme, wherein it was reported that 68,336 ride-hailing drivers obtained the one-off RM500 help, whereas 37,127 taxi and bus drivers obtained RM600.
One other measure to help taxi drivers was additionally introduced. At current, the federal government offers an exemption from excise obligation and gross sales tax for the aim of the switch, disposal and for the personal use of taxis, offered the car is owned for seven years. To additional ease the burden on taxi drivers, the federal government is lowering the length of vital possession to 5 years, efficient from January 1 to December 31, 2021.
Elsewhere, a bus and taxi hire-purchase rehabilitation scheme is being launched, wherein a 50% assure on financing from rent buy and leasing firms will likely be offered for taxis in addition to chosen buses equivalent to sightseeing buses. By way of this, bus and taxi operators can restructure their financing and luxuriate in a 12-month moratorium and decrease month-to-month repayments. The federal government says a assure of RM1 billion will likely be offered for this objective.
