Tag: sales and services tax
-
Shop, shop, shop in Malaysia till September
Malaysia’s goods and services tax (GST) will be abolished from tomorrow (June 1). This translates to a six-percent savings — a substantial amount especially for big ticket items such as property, cars, jewelry, and high-end gadgets. It’s a tax-free window that will last till September when the government plans to implement a sales and services […]
-
Malaysia to axe GST on June 1
Making good of its election pledge, the new Malaysia government is abolishing the goods and services tax (GST) effective June 1. In its place will be a sales and services tax (SST) to be implemented at another date. To consumers in Malaysia, this works out to be a six-percent savings on purchases. Between now and […]