MATTA hopes budget 2019 continues to spur travel industry

KUALA LUMPUR: The Malaysian Association of Tour and Travel Agents (MATTA) hopes that the Budget 2019 will continue to provide incentives and funds to spur the travel industry. It’s President Datuk Tan Kok Liang said MATTA’s wish list includes hopes for the government to consider incentives which provide some tax benefits without an additional burden to the Treasury, such as accelerated capital allowances (ACA) for tourism vehicle ,website, development /upgrades and Information Communication Technology (ICT) / automation tools. 

“These incentives merely concentrate the tax savings to one year instead of being spread over 4-5years, and thus will not impact overall tax collections,” he said in a statement yesterday. He said the ACA would encourage the modernisation of tourism vehicles to attract more high - spending tourists through safe and comfortable tour vehicles.-Bernama