Double Tax Deduction For PROTÉGÉ

The Income Tax (Deduction for Training Costs under the Professional Training and Education for Growing Entrepreneurs (PROTÉGÉ-Ready to Work (RTW) Programme) Rules 2021 ("the Rules") were gazetted on 11 May 2021 and are deemed to have come into operation on 11 September 2019.
 
The Rules, inter alia, provide for double tax deduction on certain expenses incurred under the Professional Training and Education for Growing Entrepreneurs (PROTÉGÉ-Ready to Work (RTW) Programme) approved by the Ministry of Entrepreneur Development and Cooperatives ("Training Programme").
 
The Rules allow a company incorporated under the Companies Act 2016 which is approved by the Ministry of Entrepreneur Development and Cooperatives to participate in the Training Programme ("qualified company") to claim a double tax deduction on the following expenditure incurred on a trainee (i.e. a Malaysian citizen graduate who is unemployed or under an employment which does not commensurate with his