The Contribution of MSMEs to the Indonesian Economy

Indonesia has the potential of a strong national economic base because the number of MSMEs, especially micro-enterprises, continues to increase and the absorption of labor is also very large. However, one of the sectors that was hardest hit by the Covid-19 pandemic was MSMEs which ultimately made the national economy decline. Of course this is understandable because MSMEs have a very large role in the national economy.

In Indonesia, MSMEs are dominated by micro-entrepreneurs whose number reaches 98.6% with a workforce absorption capacity of up to 89%. From these figures, it can be said that this business base has proven to be strong in facing the economic crisis.

Also Read: How to Submit a PP 23 Certificate for MSMEs, Read Here!

Micro-enterprises also have a fast turnover of transactions, mostly using domestic production and are in direct contact with the main needs of the community. Not only that, one of the economic recovery in Indonesia is obtained from compliance in carrying out tax obligations.

The Importance of Tax Applications for MSMEs

As you know, tax is a mandatory contribution to the state that is owed by both individuals and entities that are coercive under the law. In the digital era like now, the proliferation of applications that support daily activities is certainly not a taboo thing anymore. Everything is easy and practical thanks to these applications.

What are the tax points of view for MSME actors that must be met? Here’s a MSME/SME tax perspective that you need to know:

PPh Article 4 paragraph (2)/Final PPh (valid if there is a building/office rental, total sales, etc.).
VAT (if there is a sale transaction).
Income Tax Article 21 (if you have staff).
Income Tax Article 23 (if there is a service purchase transaction).
Income Tax Article 26 (when conducting transactions with foreign taxpayers).

This many tax points of view sometimes make taxpayers confused about managing their taxation. Therefore, the tax application becomes important for MSME actors because to be able to carry out the process of calculating, depositing, and reporting taxes, you no longer need to do it manually. All can be done in only one integrated application, OnlinePajak.

Also Read: 4 Applications MSME That Can Simplify Your Business Management

Not only about application, but also knowledge about taxation must be owned by taxpayers. On that basis, Online Tax and Out of School work together to create convenience in tax compliance for MSME actors.

What Can You Get Outside of School?

Out of school is a place for Indonesian millennials who want to learn and master skills to support the development of industry 4.0. For those of you who are building or running a MSME business and are participants of the Pre-Employment Card, then want to learn how to increase the income of a UMKM business, you can take the Guide to Building a Business class organized by partners The official digital platform for Pre-Employment Cards, Outside of School.

Out of School has now been trusted by more than 290 thousand Pre-Employment Card participants to purchase online training. Outside the school provides various classes for Pre-Employment Card participants that can be accessed through its website with various class categories such as business, self-development, marketing, technology and software, to photography classes.

The material presented is easy to understand because it uses a micro-learning system, as well as learning materials consisting of videos, PDFs, to podcasts. The goal, of course, is that users can focus more and not feel bored. All material providers outside of school are the best instructors who have years of experience in their fields.