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 10% tax on LVG sold online (1 Jan 2024)

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Natsukashii
post Dec 16 2023, 03:53 PM

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Straight away 10% lol mmg nak kenakan rakyat

Make it 2% enough la

Senang senang GST for everything 1%

This post has been edited by Natsukashii: Dec 16 2023, 03:53 PM
Natsukashii
post Dec 16 2023, 05:13 PM

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QUOTE(msacras @ Dec 16 2023, 04:41 PM)
I’ve said this multiple times.

Gomen won’t ever consider any GST figure under 4% as the revenues collected will be even less than current SST system. You don’t get more money while still pissing off the people, even Najib wont be that dumb to go this path.
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Mamak fooled us back then with the removal of GST. He's the mastermind behind the major issues now.

By the way, you really sure if 1% GST, still will be lower than the current SST system?

Like ordinary household, they may pay SST like once a month only.. when it comes to bills. Not everyday eat at eateries that charges SST.. however, they buy things everyday that may have GST. I think they'll end up paying more GST than SST.


Natsukashii
post Dec 16 2023, 05:27 PM

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QUOTE(msacras @ Dec 16 2023, 05:21 PM)
Yes, the break even figure of GST vs current SST(10&6%) is somewhere around 3-4%, 1% definitely won’t cut it.

With next year the SST figure increase by another 2%, I’ll say it’s safe to say 4% is the figure to beat.

SST worked at manufacturers/suppliers level, so end consumer don’t directly see it unlike GST.
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Right right.

 

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