Appeals for GKP 2.0 open from Dec 7


THE appeal period for Prihatin Special Grant (GKP) 2.0 application will be open from Dec 7 until Dec 21, according to Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz (picture).

In a statement issued yesterday, the minister said the appeal was open to provide an opportunity for small and medium enterprises (SMEs) to submit their appeal together with the support of documents for the review and re-verification by the Inland Revenue Board (IRB).

He added that the appeal application can be made online at the GKP portal,

So far, around 850,000 micro SMEs have received GKP and GKP 2.0, with a total financial assistance of RM2.55 billion.

“GKP and GKP 2.0 are a committed and continued effort by the government in assisting affected micro SMEs,” the minister said.

To ensure that micro SMEs are truly eligible to receive GKP 2.0, Tengku Zafrul noted that each application will be cross-checked with data set by the government, including the IRB, Companies Commission of Malaysia and the local government authorities.

Additionally, he said the appeal is also an effort to ease the financial burden faced by businesses due to the Covid-19 pandemic, as well as to increase the productivity of services and production for the survival of micro SMEs.

The GKP is a one-off financial assistance amounting to RM3,000 provided by the government to qualified SMEs and micro SMEs.