Secretariat For The Advancement Of Malaysian Entrepreneurs (SAME) CEO Neil Foo during the press conference....-- M. Azhar Arif/The Star 13 NOV 2014.
PETALING JAYA: Owners of small and medium-enterprises (SMEs) who are still confused on how to implement the 6% Goods and Services Tax (GST) should immediately seek help from tax consultants and accountants.
Secretariat for the Advancement of Malaysian Entrepreneurs (SAME) chief executive officer Neil Foo (pic) said there were SME owners, for instance from the retail sector, who think that they just have to impose an additional 6% tax as GST, above the existing 10% sales tax that has been built into their supply chain.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
