Capital Allowance (LHDN)
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| Is given as a deduction from business income in place of depreciation expenses incurred in the purchase of business assets. Examples of assets used in a business are motor vehicles, machines, office equipment, furniture, and computers. Conditions for claiming capital allowance are:
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- Operating a business
- Purchase of business assets
- Assets are being used in the business
- Owner of the assets
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Matching grant from Malaysia
rubber council (MRC)
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| Is given as a deduction from business income in place of depreciation expenses incurred in the purchase of business assets. Examples of assets used in a business are motor vehicles, machines, office equipment, furniture, and computers. Conditions for claiming capital allowance are:
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- To encourage the rubber product industry to adopt automation and green technology to enhance the industry’s competitiveness
- To alleviate labour shortage problem in the rubber product industry
- To promote the adoption of green technology towards achieving sustainability in the rubber product industry
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