AMIDST the increasing cost of living, we need an optimum tax structure that eases the tax burden on Malaysians. The Government has, admittedly, introduced measures to simplify the tax system through e-filing, online payments and accessibility of tax guidelines.
To help Malaysians cope with the impending Goods and Services Tax (GST), the Government has also introduced a gradual decrease of 1% in the personal income tax rate effective 2015.
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