Friday, July 3, 2015

Ipoh City Council collected revenue of RM80.1m until March - The Sun Daily

22 April 2015


The Ipoh City Council (MBI) collected revenue of RM80.1 million or 44% until March, up RM3.8 million or 5% over the corresponding period last year.

Ipoh mayor Datuk Harun Rawi said that MBI's revenue in the first three months of this year rose to RM78.6 million compared to RM73.8 million over the corresponding period in 2014.

"The operating expenditure and development of Ipoh City Council totalled RM37.4 million. Payment for management, development and must pay accounts amounted to RM46.7, up RM6.6 million from last year," he said at MBI's full meeting here today.

The MBI will carry out enforcement action to seal factories, industries and business premises at the end of this month for failure to pay assessment tax on property.

Owners who still owe arrears of tax assessment for property are advised to settle them to avoid their premises from being sealed and their assets from being seized.

Harun said MBI and the state government will absorb the Goods and Services Tax (GST) on public facilities such as vehicle parking fees, rental of halls, playing fields, swimming complex and others.
"Services meant for business and profit subjected to 6% GST such as rental of business premises, offices and others will be passed on to consumers and can be reclaimed from the Customs Department as tax input."

Suppliers and contractors were required to submit their GST registration number and supporting documents to MBI's Supply and Procurement Unit as proof of registration with the Customs to facilitate payment.

Haron also said MBI in collaboration with the Town and Country Planning Department and the Perak Town and Country Planning Department had prepared a draft plan to turn Ipoh into a Tin Ore Heritage City.

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