Landlords who reduce rents eligible for tax deductions under stimulus package programme for SMEs

PETALING JAYA: Landlords of private premises who reduce their rental rates by at least 30% from April to June this year will qualify for additional tax deductions, says Tan Sri Muhyiddin Yassin.

In urging them to play their part in sharing the burden caused by the movement control order (MCO), the Prime Minister made a plea to landlords to reduce their rental rates during the period and for three months after it ends.