Is GST the way to go?

  • Nation
  • Sunday, 14 Oct 2012

No burden: The people can be assured of zero tax on basic essential items like rice, cooking oil, meat, chicken, vegetables, sugar, salt and water.

The Goods and Services Tax has been successfully implemented in 146 countries but many Malaysians are still unaware of its benefits.

JAYCEE Sim (not her real name) is a self-professed shopaholic who loves nothing more than spending her weekends at shopping malls. She is thus pleased with the one per cent cut in income tax rate announced in the Budget 2013 (for chargeable income up to RM50,000) because some extra money in the pocket is always welcome, especially when prices have been on the rise.

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Goods and Services Tax , GST , Government


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