Chamber of Commerce: There is a Raise SME Class Strategy

By : Ahmad Fadli And Aldi Firhand. A | Thursday, June 28 2018 - 22:14 IWST

Kadin Indonesia
Kadin Indonesia - Jakarta - Vice Chairman of the Chamber of Commerce and Industry (Kadin) of DKI Jakarta Sarman Simanjorang assessed that the final tariff of final income tax for micro, small and medium enterprises needs to be accompanied by a strategy to increase the business class.

In a discussion in Jakarta, Wednesday (27/06/2018) Sarman said that the government is in charge of improving various aspects that have been the shortcomings of MSMEs, such as capital and management.

It is expected to be able to make MSME business actors up grade, for example from the perpetrators of micro to small or from small to medium.

"After he goes to class, he will have activities to be taxed, so in addition to his own MSMEs, there is a role for inter-government to take the class," said Sarman.

He also said that more and more MSMEs in the class will help achieve the government's target to get more taxpayers.

On the same occasion, Vice Chairman of SME and IKM Apindo Ronald Walla assessed the role of government is important, especially in providing education in order to compete to enter the era of industry 4.0.

"The role of guidance for good bookkeeping should be intensified, for example through cooperatives in tau college area," he said.

Previously, the government has set a new rate of final income tax (PPh) for micro, small and medium enterprises (SMEs) 0.5 percent for taxpayers who have gross turnover up to Rp4, 8 billion in one year.

Under the terms of the latest PP, the reduction of the Final Income Tax rate from 1.0 percent to 0.5 percent of gross turnover, shall be paid monthly, for taxpayers with gross turnover of up to Rp 4.8 billion in one year.

The period of imposition of the final tax rate of 0.5 percent for the individual taxpayer is for seven years; for a cooperative, a partnership alliance, or a firm for four years; and for a limited liability company for three years.

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