A ‘tax holiday’ for all Malaysians

KUALA LUMPUR: Malaysians will have a “tax holiday” that will see a gap between when the Goods and Services Tax (GST) is abolished at the start of June and when the Sales and Services Tax (SST) is introduced.

Tun Daim Zainuddin, chairman of the Council of Eminent Persons (CEP), said the SST would be introduced in between two and three months, giving consumers an opportunity to enjoy buying goods at a reduced rate until the SST is introduced.