Government SubsidySocial

WAGE SUBSIDY PROGRAM 5.0 (WSP5.0/PSU5.0)

Application of WSP 5.0 is open now! According to Budget 2022, WSP5.0 is open for Travel Industry! There are no salary cap as well but employer should show the amount of subsidy WSP5.0 on the payslip or inform their employee in writing.

Government Economic
Stimulus Package
Application Date Beneficiary Industry Maximum Beneficiary
(Max. Employees)
Beneficiary Period
Budget 2021 01.01.2021 – 30.06.2021 Travel industry
Retail industry
500 Current WSP beneficiary: 3 months
New applicant: 6 months
PERMAI 19.01.2021 – 30.06.2021 Industry affected during MCO 500 1 months
PEMERKASA 01.04.2021 – 30.06.2021 Travel industry
Retail industry
Business prohibited during MCO2.0
500 Current WSP beneficiary &
new applicant:
Extra 3 months
PEMERKASA + 01.06.2021 – 31.07.2021 All industry 500 Current WSP beneficiary &
new applicant:
Extra 1 month
WSP4.0 01.08.2021 – 31.10.2021 All industry 500 All industry will get 2 months subsidy in Fasa 2
Industry under Negative List in Fasa 3 (Exp: Pub, Beauty salon) will get another 2 months subsidy (4 months in total)
Budget 2022
(WSP5.0)
01.01.2022 – 31.03.2022 Travel Industry 500 3 months

FAQ of WSP5.0

1. Who is eligible for WSP5.0?

WSP5.0 is open for travel industry.
Click here to check your eligibility: SENARAI AKTIVITI SEKTOR PELANCONGAN

2. How much is the subsidies amount?

Maximum 500 employees, RM 600 Per Employee, for 3 months

3. When will WSP5.0 open for application?

01.01.2022 – 31.03.2022

4. Conditions:

  • Business sales or revenue of year 2021 decreased by at least 30% compared to Oct – Dec of year 2019/2020/2021.
  • Registered SSM or relevant local authority before 01.01.2022
  • Registered and contributed PERKESO before 01.01.2022
  • Started business operation before 01.01.2022
  • Registered LHDN before
  • Employee not a beneficiary of hiring incentives
  • WSP5.0 has no salary cap

5. Any other condition?

6. Current WSP recipient needs to reapply for WSP5.0?

Yes, need to apply if eligible.

7. Required application documents

  • Company’s bank account statement
  • Employees Name List
  • PSU5.0 Declaration Form
  • BRN Number
  • SSM or related registration documents
  • You may refer to our Template: Template Listing

8. WSP5.0 Application Website

Steps to Apply WSP5.0 (Video Tutorial)