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.
Refund of SST is subject to terms and conditions of the flight ticket. The above is updated on the basis that the service tax law implementation on 1 March 2024. The information above may be subject to change arising from updated guidance issued by the Government of Malaysia from time to ti...
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...
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.
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...
Sales and service tax in Malaysia called SST Malaysia. Actually, the tax system is going to replace the existing Good and Service Tax (GST) method. Most commonly known as value added tax. This is imposed on services as well as goods meant for domestic consumption. Thenew SST was implemented...
The Malaysian government abolished GST and introduced SST, which reformed the country’s tax system. Our guide explains SST obligations.
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
The service tax rate is fixed at 6%. Tax is due and payable when payment is received on taxable services provided by any taxable person in Malaysia in the course and advancement of business. Taxable services under service tax Taxable services are broadly categorised into groups A ...