The government announced an RM332.1 billion expansionary Budget for 2022, the highest allocation compared with previous budgets. The national Budget comprises RM233.5 billion in operating expenditure, RM75.6 billion in development expenditure and RM23 billion for the Covid-19 fund.The government has introduced 3 initiatives to ease working capital requirements for SMEs, including Micro Credit Scheme, Business Financing and Alternative Financing, Bank Negara Malaysia Funds and Business Finance Guarantee Scheme. These schemes range from RM10,000 to RM 10 million in financing, and are suitable for micro enterprises to small medium enterprises (SMEs).
For Business 企业篇
1) SMEs allowed to postpone income tax instalments for six months until June 30, 2022.
2) JaminKerja initiatives to create 600,000 job opportunities with RM4.8 billion allocation.
3) Under the JaminKerja initiative, SME business owners who employ those who are not actively working can enjoy an incentive of 20% to 30% of the employee’s monthly salary.
5) Targeted wage subsidies for employers in tourism industry who have seen their income reduced by at least 30%.
6) Under the PERANTIS scheme, an allowance of up to RM900 per month for 6 months for graduates and school leavers from 18-30 years old on the executive level, for those with a diploma and above will be given.
7) Govt to introduce excise duty on chocolate or cocoa, malt, coffee, and tea-based premix drinks containing sugar.
8) Special tax exemption for building/commercial unit owners who give at least 30% rental discount.
9) A tax deduction on costs of renovation and renewal of premises up to RM300,000 until end of the year 2022, with an extension of special deduction for renovation of business facilities to comply with SOP requirements such as ventilation upgrades, customer seating and employee infrastructure.
10) Newly incorporated SMEs (incorporated between 1 July 2020 until 31 December 2022) are given an income tax rebate of RM20,000 for every year for the next 3 years.
11) Govt to extend 100% sales tax waiver on CKD passenger vehicles and 50% sales tax exemption on CBU passenger vehicles, including MPVs and SUVs, until June 30, 2022.
12) Govt to continue supporting equity crowdfunding and peer-to-peer financing with RM80 million allocation in matching grants under Malaysia Co-Investment Fund, in addition to Bank Pembangunan Malaysia Bhd’s RM100 million investment.
13) RM100 million for smart automation matching grants to benefit 200 manufacturing and services companies.
14) RM85 million for special assistance to over 20,000 registered tour operators.
15) RM250 million allocated for Shop Malaysia Online and Go-eCommerce Onboarding.
16) RM1.7 billion in subsidies, incentives for farming and fisheries industries, including RM1.5 billion in subsidies for seeds and fertiliser.
17) Govt, through the Securities Commission Malaysia, to make it compulsory for public-listed companies to have at least one female director on their boards.
18) Windfall profit levy threshold for crude palm oil prices to be increased from RM2,500 per tonne to RM3,000 per tonne for Peninsular Malaysia and from RM3,000 per tonne to RM3,500 per tonne for Sabah and Sarawak. The tax rate for Sabah and Sarawak will also be raised to 3%, in line with the rate in Peninsular Malaysia, when prices exceed the threshold.
19) SME Digitalisation Grant Scheme to be increased to RM200 million in 2022, with RM50 million for Bumiputera micro entrepreneurs in rural areas.
20) RM20 million to be allocated to each state for projects related to food security, tourism, and nature conservation.
21) Govt to introduce Cukai Makmur, a special tax on a one-off basis to companies generating high profits. The first RM100 million in taxable earnings will be taxed at 24% while the remainder will be taxed at 33% for the tax assessment year of 2022.
22) Sales tax to be imposed on low-value items sourced overseas that are sold by online sellers and sent to Malaysia via air courier.
23) Services tax to be imposed on delivery services provided by service providers including e-commerce platforms, except for food and beverage deliveries and logistics services.
24) Govt to introduce excise duty on liquid, gel-based vaping e-liquids.
25) 80,000 job placements in public sector, GLCs to be continued via MySTEP initiative. -50,000 for public sector -30,000 for government related companies *subject to job with salary of more than RM1200
26) Employers to get tax relief and exemptions on cost of boosters shots.
27) Income tax exemptions for organisers of artistic and cultural activities, as well as sports competitions and international-level recreational activities, to be extended until 2025.
28) Govt to provide full exemption on import, excise duties and sales tax for electric vehicles.
29) Bursa to launch Voluntary Carbon Market as voluntary platform for carbon credit trading between green asset owners and other entities.
30) Bank Negara to allocate RM1 billion towards assisting SMEs in adopting sustainable and low-carbon practices.
31) Govt to allocate RM6.6 billion for various initiatives under relevant ministries and agencies to strengthen and enhance technical and vocational education and training (TVET). RM200 million is also allocated for programmes such as the National Dual Training System and industrial certification programmes.
32) Matching grant of RM100 million for Bumiputera SMEs to explore aerospace industry.
For Individuals 个人篇
1) Government to introduce targeted aid called Bantuan Keluarga Malaysia (BKM) of RM2,000 for households with 3 or more children and a household income of below RM2,500.
2) Special RM2,500 tax relief for purchase of handphones, computers and tablets.
3) PTPTN borrowers to get 10-15% discounts, depending on chosen repayment option.
4) Tax deductions of RM2,000 to RM7,000 for upskilling courses.
5) RM150 Early Schooling Assistance for each student; total allocation of RM450 million to benefit 3 million students.
6) Daily milk program for poor students to be continued with RM400 million allocation.
7) eStart cashless transaction scheme to be introduced, which will see one-off RM150 deposited into e-wallets of those aged between 18 and 20.
8) Govt to fully bear cost of motor vehicle licences for the disabled (OKU).
9) Tax relief for cost of medical expenses/consultation involving registered psychiatrists, clinical psychologists, counsellors.
10) EPF to extend reduced minimum contribution rate of 9% until June 2022.
11) Real property gains tax removed for house sales from sixth year onwards.
12) 600,000 undergraduates from B40 families to get one tablet each, involving allocation of RM450 million.
13) 1.3 million civil servants Grade 56 and below to get RM700 special financial aid each; 1 million govt retirees to get RM350 each, altogether to involve RM1.3 billion allocation.
14) Govt to allocate RM2 billion under housing credit guarantee scheme to assist those without steady income, such as gig economy workers, to purchase homes.
15) Income tax exemption of up to RM3,000 for nursery and kindergarten fees.
16) Contracts of 10,000 medical, dental and pharmaceutical officers to be extended from two to four years.
LaLiga Grassroots will take LaLiga’s sports and academic methodology to a new level in order to further strive for sporting excellence in bringing through young players and training coaches both nationally and internationally.
A web platformhas been launched with detailed information on this new initiative, through which interested parties will also be able to access the pre-registration process for the sports programmes set to begin in the summer of 2022 at the ESC Madrid Center.
Madrid, October 14, 2021. – LaLiga has announced the launch of LaLiga Grassroots, in its bid to further advance and improve its bespoke sports and training projects as well as the promotion of LaLiga’s know-how and methodology. This initiative is part of a series of international sports projects that LaLiga has been running since 2015 across multiple markets, and its most salient new feature is this series of programmes which will take place in Spain. These will mainly be held at the ESC Madrid Center, a state-of-the-art, world-beating sports complex.
“LaLiga Grassroots was conceived as a new specialised unit conceived by the Sports Projects team and the International Business and Development team,” explains Juan Florit, head of LaLiga Sports Projects and who will be in charge of the technical and sports side of LaLiga Grassroots. “Our activities will mainly focus on the holistic development of young players, international training programmes for professionals in the sector, and projects to promote and support LaLiga clubs when it comes to their academies and running international tournaments.”
This new project represents a further step in LaLiga’s creation and execution of sports projects, an area through which it has enjoyed great success over the last six seasons. This includes finding positions for nearly 750 Spanish coaches, as well as providing training for more than 20,000 coaches and 175,000 players in the more than 400 projects carried out across 38 countries.
“The work we’ve carried out over the years in training players and coaches internationally has taken things to the next level, not only for those who have worked with LaLiga, but also for the league itself and its clubs,” says Javier Hernandez, Head of Business and International development for the project. “We’re convinced that now, with the creation of LaLiga Grassroots and the new programmes that we’ll be running at the ESC Madrid Center, we’ll be able to create better opportunities for everyone.”
Two big programmes and unique, world-class facilities
LaLiga Grassroots offers a variety of programmes which focus on improving players’ abilities through channelling the power of sport as an educational tool to promote their all-round development. Within the Grassroots project, there are two long-term programmes aimed at young people from all over the world set to take place in Spain and which are the most notable:
LaLiga TalentsandLaLiga Academy.
These programmes are aimed at male and female players between the ages of 12 and 18 years and are oriented towards giving these athletes an all-round training experience, taking care of and supporting their personal development both on and off the pitch. The main difference between both programmes is that LaLiga Talents is centred around players who already work in a high-performance training environment, with the aim of helping them develop and get the most out of their talent to reach the best level attainable, while LaLiga Academy focuses on improving and optimising the abilities of players who want to experience a unique sports and educational programme curated by LaLiga.
There will be short-term and long-term activities included in these programmes such as LaLiga Camps and high-performance training camps for teams, mixed groups and international players. These aim to improve both preparation and development on an individual and collective level.
All programmes in Spain will take place at the ESC Madrid Center, a state-of-the-art complex that will open its doors in the summer of 2022.
The centre has an on-site 400-capacity residence with 24-hour security, an international school equipped with an auditorium, library, laboratory, clinic, as well as several game, rest and study rooms. Likewise, the complex houses two state-of-the-art football pitches and various training areas, an NBA court, gym and a swimming pool. Overall, this makes the centre the ideal place to achieve the synergy between sports training and academic education that LaLiga Grassroots projects seek to achieve.
These facilities will be available to all LaLiga clubs wishing to run training programmes, carry out brand internationalisation projects or have other needs, and they will also have the LaLiga Academy Manager software, created by LaLiga in order to optimise the management and daily operation of academies.
Built by the team behind NBA Top Shot, this new experience will give football fans the ability to collect and own some of the most awe-inspiring and iconic in-game Moments from their favourite LaLiga clubsThe new experience will launch on Flow in Summer 2022, and will feature both current and historical Moments from over a decade of play
Madrid, September 2021. Dapper Labs and LaLiga have today announced a partnership to introduce Official Football NFT Collectible Highlights at scale. Created by the team behind NBA Top Shot, this new experience will give fans the opportunity to collect and own some of the most talked-about contemporary and iconic in-game Moments from their favourite teams from over 10 seasons of play. Featuring dynamic video-based Moments from all of LaLiga’s clubs, including Real Madrid, FC Barcelona, Atlético de Madrid, Sevilla FC, Villarreal CF, Valencia CF, Real Betis, Athletic Club, Real Sociedad, RCD Mallorca and many others, the new experience will be available to fans on Flow blockchain starting June 2022.
Fans entering the all-new experience will instantly be immersed in football culture, having the opportunity to buy, collect, and own some of the most notable in-game Moments. Through a dedicated peer-to-peer marketplace, fans will be able to buy or sell parts of their collections with fellow football enthusiasts. Every purchase can be made via credit card through a Dapper wallet to ensure that every transaction is as easy as possible.
“The partnership between LaLiga and Dapper Labs will bring us even closer to our fans worldwide through a new and growing medium, and alongside the industry partner that created the NFT video product for the NBA,” said Javier Tebas, president at LaLiga. “This experience will place football fans all over the world at the very centre of the action, giving them a platform and product that allows them to enjoy and express their passion for LaLiga in a unique way.”
With access to both current Moments and a rich archive of historical Moments, the new experience will also give fans the ability to enjoy the rich heritage of one of the best leagues in the world. Fans will learn about age-old rivalries between teams, find out more about the league’s golden past, and deep dive into the fascinating stories of teams and players with experiences that bridge the past and present.
Though a blockchain-based experience, the product will also give fans a way to be a part of the in-game action. Through a variety of fan activations developed around key tentpole events during the season, fans will be able to enter contests to be in with a chance of once-in-a-lifetime opportunities such as being flown to Barcelona to watch ElClasico, the biggest football game in the world, from a VIP Box at Camp Nou.
“We couldn’t be more excited to be partnering with LaLiga to launch the ultimate fan-driven highlights collectible experience that is unlike anything in the space before,” said Caty Tedman, Head of Partnerships for Dapper Labs. “With over 3.5 billion football fans around the globe, the experience’s layered environment has the power to revolutionize how fans connect to the sport of football and how they engage with the teams and players they love, both virtually and in real life. We look forward to working alongside LaLiga, home to some of the best clubs on the planet, to bring this wildly new and dynamic fan-driven experience to football lovers everywhere.”
“As Barcelona’s captain for a decade, I enjoyed some of LaLiga’s greatest moments. I also experienced some of the game’s biggest lows; but in spite of it all, the game would be impossible to play without our fans,” said Carles Puyol, six time LaLiga champion, three-time UEFA Champions League champion, and captain of FC Barcelona from 2004 to 2014. “Fans give us the energy that encourages us not to give up. They help us dig in when we’ve got nothing left and they give us support when we need it. To be part of an experience that brings players one step closer to their biggest fans is exciting and meaningful. I look forward to what this relationship holds.”
Like NBA Top Shot, the new experience is built on the Flow blockchain, developed for consumer experiences at scale. Flow allows fans to trace and verify the authenticity and scarcity of their digital collectibles.
This agreement is also part of the efforts of LaLiga North America – the joint venture between LaLiga and Relevent Sports – which plays an active role in searching for new attractive partners and industries to work with LaLiga.
For more information on the new experience and how to sign up in advance for experience, please visit dapperlabs.com