Local

No need to refer to SSM on BR1M failed applications

Syndicated News
Written by Syndicated News

KUALA LUMPUR, March 8 2017 : Those who failed in their 1Malaysia People’s Aid (BR1M) applications need not to go to the Companies Commission of Malaysia (SSM) for any clarification.

SSM, in a statement today, said the failure in the BR1M application did not carry any significant impact on registration with SSM.

“Under the Business Registration Act 1956, the business owner does not need to submit financial statement to SSM.

“Therefore, there should not be any issue to relate the BR1M rejection with business registration at SSM because there is no such information to be submitted to the Inland Revenue Board (IRB) unless the applicants decide to inform the board themselves,” said the statement.

It also said that the applicants could go to any branch of IRB to appeal from April 3 to May 31 or to obtain information from the portal ebr1m.hasil.gov.my to avoid any confusion.

SSM also believed the IRB had the best approach and explanation related to  BR1M distribution.

“The distribution of BR1M only involves households earning of RM4,000, RM3,000 and RM2,000 and below for a single category. Those earning above the stated requirements, are not eligible receive BR1M regardless whether they are civil servants, private sector workers or self-employed including those who have SSM business and company registration certificates,” the statement said.

Meanwhile, SSM also refuted the claim that the newly-launched 1Pelajar 1Pendaftaran Perniagaan (1P1P) scheme played a part in their failure in BR1M application.

Introduced on Jan 1, 1P1P allowed students to register their business for free to encourage them to engage in business legally. – Bernama

Comments

comments

About the author

Syndicated News

Syndicated News

News sourced from Bernama, Reuters, AFP and other accredited news agencies, including credible blogsites and news portals.