New LVG tax: Buy now or later?


Overall, the LVG tax is a good move to provide an equitable tax treatment on local and imported LVG. — AFP

FOR most of us, the start of a new year means new resolutions and new beginnings.

This time round, Jan 1 2024 will also mark the start of the imposition of the sales tax on low-value goods (LVG tax) in Malaysia.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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