Dec 15 2014, 01:51 PM
QUOTE(mopster @ Dec 15 2014, 01:39 PM)
http://www.bursamalaysia.com/market/products-services/gst
http://www.bursamalaysia.com/misc/system/a...97/FAQs_GST.pdf
from my understanding it's
6% Clearing Fees
6% Trading Fees (Commission?)
sigh.....
2014 gains all wiped clean....
6% on the fees you paid, not the total transaction cost.http://www.bursamalaysia.com/misc/system/a...97/FAQs_GST.pdf
from my understanding it's
6% Clearing Fees
6% Trading Fees (Commission?)
sigh.....
2014 gains all wiped clean....
typical brokerage 0.42% or less, clearing fees is 0.03%.
Lets take clearing fees as example.
New fees include GST is (0.03 + 0.03*0.06) % = 0.0318%
You buy share worth RM100,000 in one transaction, paid clearing fees RM30 currently.
With GST, you need to pay RM31.80. Small diff only
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