When does GST apply to individuals who own properties?


IT has always been clear that it is the responsibility of those in business to register for GST and collect the tax. However, recent guidance released by the authorities could bring private individuals, who would not consider that they are in business, into the mix.

Under GST, the sale of commercial buildings and land zoned for commercial is usually subject to 6% GST, if sold by a person in business.

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!

Next In Business News

VM2026 to reshape rental market
Taking the BRRRR approach
Thin walls: From neighbours to enemies
Anxiety grows amid DC boom
Smart NEVs spark buyer buzz
Pricey stocks surge into earnings season
Is AI on the verge of a bubble?
Private credit deals flood EMs
Sky’s the limit for SIA�
QSR BRANDS SEES REVENUE JUMP BY 31% �

Others Also Read