Tag Archives: Goods and Services Tax

GST is Part and Parcel of Our Life

Everything we touch seems to be related to taxation. However, not many are fond of taxation but somehow; we have no choice but to acknowledge its importance because the only things certain in life are death and taxes which no … Continue reading

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GST to be Implemented in Budget 2014

Malaysia may introduce the goods and services tax (GST) when Budget 2014 is tabled on Oct 25. This is prompted by worries of a ratings downgrade should Malaysia’s fiscal deficit remain unresolved. According to Fitch Ratings, one of the Top … Continue reading

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GST Malaysia 2011 & Its Implications

A Goods and Services Tax (GST) will be implemented in Malaysia soon. Basically, this consumption tax is imposed on consumers’ goods and services. However, for a business owner they also need to think carefully as they need to apply it … Continue reading

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What Do You Think About 6% Government Service Tax?

Effective from Jan 1, 2011, our government increases the Goods and Service Tax on all taxable services to 6% in order to generate extra tax revenue for our country development. With this move, it will impact a great number of … Continue reading

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