Targeting opportunities for UMKM from Regulation PP 23 Tahun 2018
Thursday, 9 May 2019, Bachelor of Accounting Study Program shares knowledge related to "Government Regulation (PP) 23 of 2018, Opportunity for MSMEs". All loyal listeners of Radio Sindo MNC 104.7 Tri Jaya FM seemed enthusiastic to take part in a talk show in Room A302 Campus 2, STIE Perbanas Surabaya, Jalan Wonorejo Utara 16 Rungkut Surabaya. The speakers presented were, Supriyati, SE., M.Sc., Ak., CA, CTA, and accompanied by two STIE Perbanas Surabaya students Rizal Effendi and Lailatul Badriyah. The three of them also explained that the main economic driving factor was MSMEs with gross circulation which was said to be large, but not large but said to be small or not small.
"For taxpayers who have not been able to carry out bookkeeping properly the application of 0.5% Final Income Tax makes it easy for them to carry out tax obligations," said Supriyati.
Then, Rizal Effendi explained that the official MSME Final PPh rate dropped from 1% to 0.5% of the total gross sales. It aims to make the economic sector more advanced, grow rapidly and the taxation goes accordingly. Meanwhile Lailatul Badriyah defines, with the enactment of Income Tax No. 23 to make UMKM motivated to make taxation better.
In addition, the revision of government regulations (PP) regarding Final PPh rates also provides an opportunity for taxpayers to choose between the final scheme and the normal scheme and the ease of utilizing these incentives within a period of three to seven years. The policy is intended to encourage MSME players to be more active in formal economic activities by providing convenience to MSME actors in paying taxes. The reduction of the Final PPh tariff from 1% to 0.5% aims to help the MSME business continue to grow, maintain the cash flow so that it can be used for additional business capital. That way, paying taxes is no longer considered a burden and a scourge. (Denta/Eko)