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THE government’s decision through the Ministry of Finance to expand the business sector receiving various fiscal incentives to reduce the impact of COVID-19, is expected to have a positive impact on the tourism sector and the creative economy.
According to the Minister of Tourism and Creative Economy/Head of the Tourism and Creative Economy Agency Wishnutama Kusubandio in his statement in Jakarta said tourism and the creative economy were one of the sectors most affected by the COVID-19.
“So that the decision to expand tax incentives for 11 (eleven) other sectors outside of manufacturing, is expected to maintain the sustainability of the tourism sector and the creative economy amid pressure from the impact of COVID-19,” he said.
He added, the decision to expand tax incentives is certainly in accordance with our common expectations, that the industry in the tourism sector and the creative economy also get tax incentives that will facilitate the industry in dealing with the impact of COVID-19.
Wishnutama affirmed that since the advent of COVID-19, Tourism & Creative Economy Ministry/Tourism and Creative Economy Agency were very aware that these conditions would have a major influence on the tourism industry. So that Tourism & Creative Economy Ministry directly designed various strategies to be able to help maintain the tourism industry and the creative economy.
“There are three stages undertaken by Tourism & Creative Economy Ministry/Tourism and Creative Economy Agency to respond to the impact of COVID-19. Namely emergency response, recovery, and normalization. In this emergency response phase, Tourism & Creative Economy Ministry/Tourism and Creative Economy Agency focus on efforts to prevent the spread of COVID-19 as well as measures to support the industry or perpetrators of tourism and Indonesia’s creative economy,” Wishnutama noted.
Including coordinating with the relevant Ministries/Institutions so that the perpetrators of Tourism & Creative Economy can receive incentives. So as to ease the burden and operational costs of the tourism sector and the creative economy, the direction of which can then reduce the possibility of layoffs of employees in the sector.
“We continue to submit various proposals to other Ministries/Institutions so that there is good synergy to minimize the impact of COVID-19 on the tourism sector, the creative economy,” Wishnutama concluded.
Wishnutama invites tourism and creative economy players to help each other, in facing this difficult condition. Ministry of Tourism and Creative Economy has now opened a channel for complaints and reporting through call centers and websites to report on conditions in the tourism sector and the creative economy and to establish an Integrated Crisis Center.
Meanwhile Minister of Finance Sri Mulyani said in a statement in Jakarta recently that the government had decided to expand taxation incentives for 11 (eleven) other sectors outside of manufacturing to ensure the company could survive amidst the striking of the COVID-19 virus. The eleven sectors include transportation, hospitality, and trade.
The tax incentives include income tax (PPh) Article 21 borne by the government (DTP) for employees, accelerated value added tax (VAT) refunds, as well as a 30% reduction in installments of Article 25 income tax. [traveltext.id]
