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 Expanded SST comes into effect July 1, jeng jeng jeng

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TSnelson969
post Jun 9 2025, 06:15 PM, updated 6 months ago

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update with better info

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0% Rate (Maintained for Basic Necessities): Includes unprocessed items like chicken, beef, fish, local vegetables, fruits, rice, and processed items like flour, canned sardines, sugar, cooking oil, as well as medicines, books, animal feed, basic construction materials, fertilizers, and agricultural machinery.

5% Rate: Includes items like abalone, lobster, quinoa, cheese, fruit jam, smartphones, and goods with increased rates like king crab, salmon, truffle mushrooms, imported strawberries, essential oils, silk, and industrial machinery.

10% Rate: Includes items like caviar, shark fin soup, alcoholic beverages, tobacco, cigars, leather goods, and goods with increased rates like tungsten scrap, racing bicycles, and antique paintings ( handmade also if follow the edge )

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Slide 9: "Rental or Leasing Services"
This slide details the Service Tax on Rental or Leasing Services at an 8% rate.

Registration Requirement: Taxable service value must reach RM500,000 within 12 months.

Non-Taxable Services: Includes residential housing, reading materials, financial leasing, and tangible assets outside Malaysia.

Exemptions: Business-to-business (B2B) exemption and group relief to avoid double taxation. Micro, Small, and Medium Enterprises (MSMEs) with annual sales under RM500,000 are exempt from
service tax. Non-reviewable contracts receive a 12-month exemption from the effective date

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Slide 10: "Construction Work Services"

This slide details the Service Tax on Construction Work Services at a 6% rate.

Registration Requirement: Providing infrastructure, commercial, and industrial building construction services. The taxable service value must reach RM1.5 million within 12 months to lighten the tax compliance burden for small and medium contractors.

Non-Taxable Services: Construction work services for residential buildings and public facilities related to residential housing.

Exemptions: Business-to-business (B2B) exemption to avoid double taxation. Non-reviewable contracts receive a 12-month exemption from the effective date

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Slide 11: "Financial Services"

This slide details the Service Tax on Financial Services at an 8% rate, noting its phased implementation.

Registration Requirement: Providing fee or commission-based financial services with a total fee or commission value reaching RM500,000 within 12 months.

Non-Taxable Services/Transactions: Includes interest/profit (syariah-based financing), foreign exchange gains and capital markets, brokerage and underwriting for life/family insurance/takaful to individuals, fees on credit and debit cards, basic banking services (savings, current accounts), exported financial services, and penalty charges.

Exemptions: B2B exemption to avoid double taxation. Certain transactions conducted according to Syariah principles. Service tax exemption for Bursa Malaysia and Labuan is maintained.

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Slide 12: "Private Healthcare Services"
This slide details the Service Tax on Private Healthcare Services at a 6% rate.

Registration Requirement: Providing healthcare services to non-citizens, including services by facilities under the Private Healthcare Facilities and Services Act 1998 (Act 586), traditional and complementary medicine practices, and private allied health services. The taxable service value must reach RM1.5 million within 12 months.

Non-Taxable Providers: Healthcare facilities provided by the Government. Private healthcare facilities under the Universities and University Colleges Act 1971 (Act 30) or MARA University of Technology Act 1976 (Act 173).

Exemptions: Malaysian citizens are exempt from paying service tax for private healthcare services, traditional and complementary medicine practices, and private allied health services.

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The provided image details the Service Tax for Private Education (Pre-school, Primary, and Secondary Schools). The service tax rate is 6%.

Here are the conditions for registration:

There is no threshold value set for registration.

Private pre-schools, primary schools, and secondary schools that charge tuition fees exceeding RM60,000 per academic year per student are subject to the tax.
Services that are not subject to tax include public education.

An exemption is provided for Malaysian citizens who are OKU cardholders.

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Higher Education and Language Centers (Pengajian Tinggi dan Pusat Bahasa)

Conditions for registration:

No threshold value is set for registration.

Higher education and language centers that provide educational services to non-citizens are subject to this tax.

Non-taxable services: Educational services provided by higher education and language centers to Malaysian citizens are not subject to this tax.

user posted image

Slide 14: "Beauty Services"
This slide details the Service Tax on Beauty Services at an 8% rate.

Registration Requirement: The taxable service value must reach RM500,000 within 12 months.

All beauty treatments included: Facials, manicures and pedicures, hairstyling, tattooing, makeup and grooming, slimming, and milk/flower baths.

This post has been edited by nelson969: Jun 10 2025, 12:54 AM
DogeGamingPRO
post Jun 9 2025, 06:18 PM

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Ekonomi Madani adalah ekonomi Robin Hood. They tax the rich and give it to the poor. The rich might not like it. But the poor dont realize it.
SUSipohps3
post Jun 9 2025, 06:21 PM

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3% GST jer lah.

apa nak susah2 using SST
lonely66
post Jun 9 2025, 06:21 PM

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QUOTE(DogeGamingPRO @ Jun 9 2025, 06:18 PM)
Ekonomi Madani adalah ekonomi Robin Hood. They tax the rich and give it to the poor. The rich might not like it. But the poor dont realize it.
*
najib and family sudah bayar income tax ?
Syie9^_^
post Jun 9 2025, 06:33 PM

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QUOTE(ipohps3 @ Jun 9 2025, 07:51 PM)
3% GST jer lah.

apa nak susah2 using SST
*
2% can? icon_rolleyes.gif
Syie9^_^
post Jun 9 2025, 06:35 PM

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QUOTE(DogeGamingPRO @ Jun 9 2025, 07:48 PM)
Ekonomi Madani adalah ekonomi Robin Hood. They tax the rich and give it to the poor. The rich might not like it. But the poor dont realize it.
*
But the poor like you kongkek like cockroach, breed like no brainer and make no productivity worst than flying pigs.

Insaflah, show us how much taxes you paid. blush.gif
DogeGamingPRO
post Jun 9 2025, 06:36 PM

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QUOTE(Syie9^_^ @ Jun 9 2025, 06:35 PM)
But the poor like you kongkek like cockroach, breed like no brainer and make no productivity worst than flying pigs.

Insaflah, show us how much taxes you paid. blush.gif
*
Selow kek it’s a copy pasta lah

/k also need to add /s dy haih

This post has been edited by DogeGamingPRO: Jun 9 2025, 06:37 PM
teehk_tee
post Jun 9 2025, 06:39 PM

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QUOTE(nelson969 @ Jun 9 2025, 06:15 PM)
PETALING JAYA: The reviewed and expanded Sales and Service Tax (SST) rate, as announced in Budget 2025, will come into effect on July 1, 2025, says the Finance Ministry.

In a statement on Monday (June 9) the ministry said this measure is to strengthen the country's fiscal position by increasing revenue and broadening the tax base.

It added this would improve the quality of the social safety net without over-burdening the people.
The government will implement a revision of the Sales Tax rates and an expansion of the Service Tax’s scope effective from July 1, 2025, in order to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.

Finance Minister II Datuk Seri Amir Hamzah Azizan said these measures are aimed at improving the quality of the social safety net without burdening the majority of Malaysians.

"The government is committed to continuing the reforms under the MADANI Economy framework. To ensure that the majority of people are not affected by the Sales and Service Tax (SST) revision, the MADANI government is taking a targeted approach to ensure that basic goods and services are not taxed.

"In addition, various facilities are also being provided to mitigate the impact on micro, small, and medium enterprises (MSMEs),” he said in a statement today.
Amir Hamzah said that complementing the MADANI Government’s efforts to stimulate the economy and strengthen the social safety net, the additional revenue from the SST enhancements will go towards further public service improvements. - Bernama
Waiting SST portal update, then make new post about SST 8% stuff, rental is one of them base from YYC

https://www.thestar.com.my/news/nation/2025...o-effect-july-1

https://www.thestar.com.my/business/busines...ive-july-1-2025
*
the Sales Tax Exemption List also features many items which are no longer included,
this includes but not limited to;

Section
04.03 Yogurt
04.04 Whey
06.03 Cut Flowers
08.03 Bananas
08.04 Dates, figs, pineapples, avocados, guavas, mangoes and mangosteens, fresh or dried.
08.05 Citrus fruit, fresh or dried.
08.06 Grapes, fresh or dried.
08.07 Melons (including watermelons) and papaws (papayas), fresh.
08.08 Apples, pears and quinces, fresh.
08.09 Apricots, cherries, peaches (including nectarines), plums and sloes, fresh.
08.10 Other fruit, fresh.

Wheats, Grains, starches also have changes;
soya beans, groundnuts also have changes
cocoa beans (section 18)
Syie9^_^
post Jun 9 2025, 06:39 PM

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QUOTE(DogeGamingPRO @ Jun 9 2025, 08:06 PM)
Selow kek it’s a copy pasta lah

/k also need to add /s dy haih
*
oh. forgot to add /s to you.

come I rub more pain tongue.gif
DogeGamingPRO
post Jun 9 2025, 06:43 PM

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QUOTE(Syie9^_^ @ Jun 9 2025, 06:39 PM)
oh. forgot to add /s to you.

come I rub more pain tongue.gif
*
cheers.gif
Icehart
post Jun 9 2025, 06:51 PM

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So now Rafizi resigned, who can we blame as the next scapegoat
Atrocious
post Jun 9 2025, 06:52 PM

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The end is near..
danabu
post Jun 9 2025, 06:53 PM

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GST saje la...
TSnelson969
post Jun 9 2025, 07:35 PM

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Update with the edge tax
soul78
post Jun 9 2025, 07:42 PM

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Keriptos companies would also kena slapped 8% service TAX under financial services.

Better all in before this month end...
soul78
post Jun 9 2025, 07:44 PM

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better stock up and drink more alcohol before this month end... coz 10% on alchohol drinks... whistling.gif
akecema
post Jun 9 2025, 08:06 PM

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Cukurrr….. Malaysia masih aman
billylks
post Jun 9 2025, 08:23 PM

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GST la woi!
Brotherjoe
post Jun 9 2025, 08:41 PM

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Racing bicycle means only roadbikes kena? other type of bicycle are spared?
haturaya
post Jun 9 2025, 08:42 PM

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GST 5%. Easy to do mental calculation.

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