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> SST to be set at 6% for services, 10% for sales

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upcars
post Jul 17 2018, 11:58 AM, updated 2y ago

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SST to be set at 6% for services, 10% for sales



The provision of services will be taxed at six percent under the reintroduced sales and services tax (SST), while the sales of goods will incur a 10 percent tax, Finance Minister Lim Guan Eng said today.
ikankering
post Jul 17 2018, 11:59 AM

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when start?
gacktleong
post Jul 17 2018, 12:00 PM

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Btw, what items and services will kena tax?

Plannign to buy a TV leh
skycrawler
post Jul 17 2018, 12:01 PM

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QUOTE(ikankering @ Jul 17 2018, 11:59 AM)
when start?
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should be sept
ikankering
post Jul 17 2018, 12:03 PM

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my product more expensive .hard to make sales.
lucky i don't have worker.no need to pay.
DoomHammer
post Jul 17 2018, 12:03 PM

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Will start 1st August 2018
happyking4ever
post Jul 17 2018, 12:04 PM

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sellers: everything gonna get taxed. my suppliers taxed me 10% and i need to tax you another 10% so 20% increase
bangaubagus
post Jul 17 2018, 12:09 PM

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Terbaik!!
Boldnut
post Jul 17 2018, 12:10 PM

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QUOTE(happyking4ever @ Jul 17 2018, 12:04 PM)
sellers: everything gonna get taxed. my suppliers taxed me 10% and i need to tax you another 10% so 20% increase
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thats the usual thing gonna be brows.gif

stargamer
post Jul 17 2018, 12:17 PM

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I thought it was 5 % service and 5% sales tax before this ? Or did I remember wrongly
kerolzarmyfanboy
post Jul 17 2018, 12:20 PM

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can anyone break down how the new tax gonna affect regular consumer? like how it gonna affect groceries pricing for example? hmm.gif

I also wanna know hmm.gif

coz most people will grunt at the '16%', saying "wadefak 16%! higher than BN's GST 6%! ohmy.gif "
DoomHammer
post Jul 17 2018, 12:21 PM

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QUOTE(magasel @ Jul 17 2018, 12:19 PM)
OMG that's nuts

so soon?

Govt should give time for us to implement lah

at least GST gave us one year to prepare
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Can't wait anymore. Gov need money urgently.
maxxxxx0123
post Jul 17 2018, 12:22 PM

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QUOTE(stargamer @ Jul 17 2018, 12:17 PM)
I thought it was 5 % service and 5% sales tax before this ? Or did I remember wrongly
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Most service are 6% and sales are 10% in the past. Certain stuff is 5% but that’s very rare as far as I remember
happyking4ever
post Jul 17 2018, 12:30 PM

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not all sales are 10% in the past. i am surprised no one has been named to handle the query from the various merchants what category of sales that this is applicable.

so prepare to see everyone start charging 10% for their own "tax money" bye.gif

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