KUALA LUMPUR: There is no turning back in the implementation of the Goods and Services Tax (GST) on April 1, says Datuk Dr Wee Ka Siong.
Speaking during a GST seminar at Wisma MCA here, Dr Wee, the minister in the Prime Minister's Department, urged traders and consumers to be ready for the new tax regime.
"We are less that two weeks away from April 1. There is no turning back now," he said.
Instead of harbouring false hope of GST being called off, Dr Wee advised the public to educate themselves on the tax and be prepared for its implementation.
He pointed out that GST, being an all encompassing tax, will ultimately benefit the nation as a whole.
"Today, only 10% of those in the job market pay income tax. These taxpayers are bearing the burden of government expenditures for all 30 million of the Malaysian population," Dr Wee said.
GST, he added, will give the Government more revenue to help the underprivileged.
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