KPMG: Employees' salary must rise 6% with GST implementation


KUALA LUMPUR: KPMG Malaysia is urging both the public and private sectors to gradually increase the salaries of their employees following the imposition of the goods and services tax (GST) next April.

Newly-appointed Managing Partner Johan Idris suggested a 6% increase in employees salaries per annum to help tide over the high cost of living in Malaysia. 

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
KPMG , GST , salaries , employers , employees

Next In Business News

Ringgit likely to trade cautiously between RM4.09 and RM4.11 vs US dollar next week
HK’s lure for key IPO investors
Questions surface over timing of UEM Edgenta’s SCR move
Asia-Pacific ratings hold firm
Strong momentum seen for Vietnam equities
Gold rush rolls on
Stake sales for national goals
Where great minds and spirits met
NEXT-GEN INDUSTRY REDEFINED
Pet shop joys

Others Also Read