The Malaysia Sales and Services Tax (SST) was raised from 6% to 8% starting 1 March 2024. Find out what industries and services will be impacted.
Malaysia has officially increased the sales and services tax rate from six percent to eight percent, which will impact several industries such as finance and leisure.
Image of banner:sales and service tax banner Sales and Services Tax Malaysia Sales and Services Tax (SST) The Government of Malaysia has issued amendments to the SST Regulation effective from 1 March 2024. The changes are as follows:
Check you’ve set up the sales and service tax rates in your organisation to match the product and service requirements set by the Royal Malaysian Customs Department (RMCD) for SST. Apply your tax rates to the relevant accounts within your organisation’s chart of accounts. Use the account...
Discover DHL Express Malaysia’s guide on Sales and Service Tax (SST) in Malaysia to help you navigate SST registration, calculation, exemptions and more.
The Malaysian government abolished GST and introduced SST, which reformed the country’s tax system. Our guide explains SST obligations.
Learn about how to set up Goods and Services Tax (GST) and Sales and Service Tax (SST) for a Malaysian company, including an overview on enabling features.
SST(Sales and Service Tax) is comprised of two components., The first is theservice taxto be levied and paid in conjunction with taxable services provided in and supported by any taxable individual in Malaysia. The second is thesales taxlevied on manufactured & locally produced goods, either ...
As part of Malaysia’s 2024 Budget proposals, there is a proposed increase in the Service Tax by 2%, from 6% to 8%. While food, beverages, and telecommunications are exempted, immigration services fall outside this category. The RMCD has issued a G...
From July 14, 2021, Wix started charging Sales and Service Tax (SST) on our services to customers in Malaysia in accordance with the Service Tax Act of 2018.Thi