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PETALING JAYA: Businesses are in for a rough ride, five days into the implementation of the Sales and Service Tax (SST), due to confusion over the taxation system.
KUALA LUMPUR: Households are clear winners under the proposed Sales and Service Tax (SST) which will be re-introduced on Sept 1, as they will have RM23bil in disposable income through reduced tax collection.
KUALA LUMPUR: Households are the clear winners in the trade-off under the proposed Sales and Service Tax (SST) which will be reintroduced on Sept 1, as they will receive RM23bil in disposable income through reduced tax collection.
PETALING JAYA: The sales and services tax (SST) model should provide clear definitions and adequate guidance to businesses to ease the implementation of the indirect tax regime, said Crowe Malaysia director for tax Yee Chun Lin.
PETALING JAYA: The reintroduction of the sales and services tax (SST) in September this year will see lower prices of goods in general, but there could be a potential spike in the prices of some items, including the cost or charges for services rendered.
MALAYSIA’s decision to revert to the Sales and Service Tax (SST) from the Goods and Services Tax (GST) will result in a higher disposable income due to relatively lower prices it will incur in most goods and services.
PETALING JAYA: The Sales and Services Tax (SST), to be implemented from Sept 1 this year, will be easy for companies to manage and also takes into consideration the needs of the Bottom-40 household group, says the Customs Department.
PETALING JAYA: The re-introduction of the Sales and Service Tax (SST) – a 10% tax on sale of goods and a 6% tax on services – does not mean that the tax imposed will be at 16%, the Finance Minister said.
PETALING JAYA: The pau or steamed buns restaurant caught in the middle of a war of words between Finance Minister Lim Guan Eng and former prime minister Datuk Seri Najib Tun Razak over the Sales and Service Tax (SST) is merely following the rules, said a source close to the management.
PUTRAJAYA: Efforts to disseminate information about the Sales and Service Tax (SST) will be intensified, says the Communications and Multimedia Ministry.